Why is globalization of industries a common factor today?
Answer to relevant QuestionsAs cited in the chapter, Edward Deming, a famous businessman, once said, “In God we trust. All others bring data.” What did Deming mean in terms of developing a strategic plan? List ten guidelines for making the strategic-planning process effective. Arrange your guidelines in prioritized order of importance in your opinion. Compare and contrast U.S. versus foreign cultures in terms of doing business. In China, feng shui is important in business, whereas in Japan, nemaswashio is important. What are analogous American terms and practices? Describe the business culture in Brazil.
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