how Colgate Palmolive practice globalization?

Question

Just wan to know how an international company practise globalization n what's is the benefit of doing that?Any company can be,just wan a brief idea to know more about globalization...thanks you in advance

Answer 1

They either have their products available on the market in other countries around the world or they use other countries to produce their products.Using other countries can be a bad thing though because in some countries,they beleive in forcing you to work in these factories,men,women and children working for very little pay.In general to answer your question,They involve others around the world in their products.

Answer 2

First by selling their products in as much countries as possible, which will boost their profits right away, not only from selling the product, but also from selling the franchise to other corporates overseas.
Second : In every country they get into, they introduce their product in different way ( For Arab countries : Palmolive will keep the hair of the conservative Muslim lady strong and clean even under the Hijab (veal), in USA , it Will keep your hair looking good which makes you hot and sexy.
Third : Globalization is a second chance for survival : In case if you did not good in one country market, you gave 1000 other waiting for your product.. also it may reduce costs..
How? Well.. now you can get China manufacturing you hot Guess Jeans for peanuts.. then it will be sold to the American consumer for $75-200 .. Who is the winner here? The Margins of the profit will be crazy.. to sell you product in country X.. you do not need necessarily to produce there if it too much money.. go to other alternatives.. this is as simple as I can explain it.