The Challenges of Globalization

Running Head: The Challenges of Globalization
The Challenges of Globalization
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The Challenges of Globalization
Globalization has comes along with several challenges though it is among the top four factors that determine the chances of success rate of a firm. Globalization has resulted to new manufacturing in a globalized society. This essay focuses on the challenges posed by globalization and evaluates whether the US can regain its dominance in manufacturing industry.
There are limited chances that the US firm`s will regain its dominance in manufacturing industry due to challenges brought by globalization. Among the most notable challenge is competing on the same platform for the global market irrespective of the cost of production. The cost of production ...