Reread the Management Focus on Vizio and answer the following questions:
a. Why is the manufacturing of flat-panel TVs migrating to different locations around the world?
b. Who benefits from the globalization of the flat-panel display industry? Who are the losers?
c. What would happen if the U.S. government required that flat-panel displays sold in the United States had to also be made in the United States? On balance, would this be a good or a bad thing?
d. What does the example of Vizio tell you about the future of production in an increasingly integrated economy? What does it tell you about the strategies that enterprises must adopt to thrive in highly competitive global markets?