Project #72640 - 1pg double spaced

You can contribute in two ways to this discussion forum:

First, you can express opinion on any of the specific issues that are discussed in the lecture notes for this class session.

Second, please comment on a recently published article in the business news media that relates to this topic. Please outline which concepts from the field of international business / global business strategy are discussed in the article, and explain why you agree or disagree with the views expressed in the selected article. Please attach the article to your post or provide a web link to the article in your post if the article does not require subscription in order to be read.

Also, I wanted to bring to your attention what New York state is doing in attracting foreign investment to the state - this is Governor Cuomo's new plan for Global NY enacted in January 2014. In fact the local government in NY state is becoming very responsive to foreign investment - similar to the Costa Rica situation of a responsive government (Intel case). The intrigue is, would this government committment to cater to the needs of potential investors be sufficient to bring them to the state? This opens up the discussion to the bigger question, what makes a company go abroad or why are companies internationalizing?

Last fall I had Tim Combs, Vice President of the Raymond Corporation (headquartered in Greene, NY), as a guest speaker in my class on international business. He shared with the class Raymond Corporation's lobbying efforts with the state government for the enactment of a similar Global NY plan - otherwise, as he mentioned, Raymond would be forced to leave the area (follow the example of many other companies from the area, especially IBM) and move its operations to places where labor is cheaper and governments offer better incentives to potential investors.

Subject Business
Due By (Pacific Time) 06/01/2015 07:00 pm
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