Question: Use the given point to answer and answer according to the marks and case provided to answer the question. Please answer with your words. [DEFINITION

Use the given point to answer and answer according to the marks and case provided to answer the question. Please answer with your words.

[DEFINITION + EXPALNATION + FURTHER EXPLANATION / EXAMPLE]

[1.]Experts believe we are living in the era of X. X is also known as integration of markets, nation-states and technologies that is enabling individuals, corporations and nation-states to reach around the world farther, faster, deeper and cheaper than ever before. The strategic imperatives have compelled multinational corporations, multinational enterprises and multinational organisations to achieve X.

a.What is X? Explain your answer. (5 marks)

X is globalisation ? Definition and explanation + further explanation

b. Elaborate the FOUR (4) strategic imperatives by using Samsung Electronics Manufacturing. (20 marks)

Strategic Imperatives
- To leverage core competencies
- To acquire resources and supplies
- To seek new markets
- To better compete with rivals

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