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And of course, having a presence in more than one country ensures a firm isn’t reliant on the health of just one nation’s economy for its success. Increasingly, global means global,” says mr hirst. This is an organisation which has gone beyond its home market and managed to stay relevant,” says mr welch. In some ways advances in technology have made this easier, enabling firms to be present around the world, even in places where they don’t have a physical presence. Or, to use the industry lingo, “global is out” and “multi-local” is in. Which means she is still making movies, doing live shows and/or doing photo shoots.

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Brits busty katie. The drink has significantly boosted non-pharmaceutical sales in india for its owner, drugs giant glaxosmithkline. The one exception to this is luxury firms, such as louis vuitton or hermes, who can get away with less local differentiation because their foreignness is part of what makes them desirable, he says. In india, horlicks is a breakfast drink, given to children as an energy boost to fortify them ahead of a long day of learning. People don’t like the idea of a global phenomenon. Apple and google came top for the fourth year in a row. In the end, what determines global success for all firms is the same thing that drives success in a company’s home market, he says. Contact: primecurves @ gmail.

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The difficulty of competing with local rivals meant that in 2006, a mere two years after entering china, it was forced to admit defeat and shut down its main website in the country. Of the world’s most valuable brands by consultancy interbrand is dominated by tech firms. When domestic growth has stalled, other countries can provide a business with fresh customers potentially in an area with less competition or where demand for a particular product or service is higher.

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