Emerging Economies and Globalization
Analysis of developing markets and their role in global economic systems
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Running Head: EMERGING ECONOMIES AND GLOBALIZATION 1
Emerging Economies and Globalization
Student
Instructor
Course
Date
Evaluate the trade theories of Comparative Advantage and National Competitive Advantage in
the context of General Electric Healthcare’s operations in India and China. Discuss how these
theories explain GE Healthcare's decision to expand into these emerging economies and the
potential risks and benefits of such strategies. Additionally, analyze GE Healthcare’s human
resource strategy and provide recommendations for preparing expatriates for assignments in
these countries. Your response should be between 1,000-1,500 words.
Emerging Economies and Globalization
Student
Instructor
Course
Date
Evaluate the trade theories of Comparative Advantage and National Competitive Advantage in
the context of General Electric Healthcare’s operations in India and China. Discuss how these
theories explain GE Healthcare's decision to expand into these emerging economies and the
potential risks and benefits of such strategies. Additionally, analyze GE Healthcare’s human
resource strategy and provide recommendations for preparing expatriates for assignments in
these countries. Your response should be between 1,000-1,500 words.
EMERGING ECONOMIES AND GLOBALIZATION 2
Emerging Economies and Globalization
Multinational corporations have been regularly seeing for the latest unsaturated markets
for tapping in the optimisms of enhancing their business along with capitalizing on the upcoming
industry trends. General Electric Healthcare (GEH) has been one of such Multinational
corporations that have been trying to capitalize on incessantly increasing healthcare industry. In
the year 1878, Thomas Edison has launched General Electric (GE) that has been the corporation,
which has set General Electric Healthcare in the year 2004.
General Electric had been the very first organization to invent household light bulb as
well as it has successfully ventured forwarded in electric industry by their innovations as well as
manufacturing of the household appliances, lighting fixtures, light sockets, for founding one of
countries biggest computer organizations. This organization has recently set General Electric
Healthcare in the year 2004 for tapping in the increasing healthcare industry along with in the
year 2005; General Electric Healthcare has innovated along with manufactured world’s 1st higher
definition magnetic resonance (HDMR) system (About US, General Electric website, 2014).
General Electric Healthcare has presently expanded their operations in India along with
China; its India operation has been making newer drugs for healthcare industry and its China
location has been busy in manufacturing the X-ray equipment for healthcare industry. This
research would discuss the General Electric Healthcare business operations along with
following:
Two trade theories, which describe why General Electric Healthcare has enhanced their
operations within India and China. The explanation of trade theories along with the evaluation of
Emerging Economies and Globalization
Multinational corporations have been regularly seeing for the latest unsaturated markets
for tapping in the optimisms of enhancing their business along with capitalizing on the upcoming
industry trends. General Electric Healthcare (GEH) has been one of such Multinational
corporations that have been trying to capitalize on incessantly increasing healthcare industry. In
the year 1878, Thomas Edison has launched General Electric (GE) that has been the corporation,
which has set General Electric Healthcare in the year 2004.
General Electric had been the very first organization to invent household light bulb as
well as it has successfully ventured forwarded in electric industry by their innovations as well as
manufacturing of the household appliances, lighting fixtures, light sockets, for founding one of
countries biggest computer organizations. This organization has recently set General Electric
Healthcare in the year 2004 for tapping in the increasing healthcare industry along with in the
year 2005; General Electric Healthcare has innovated along with manufactured world’s 1st higher
definition magnetic resonance (HDMR) system (About US, General Electric website, 2014).
General Electric Healthcare has presently expanded their operations in India along with
China; its India operation has been making newer drugs for healthcare industry and its China
location has been busy in manufacturing the X-ray equipment for healthcare industry. This
research would discuss the General Electric Healthcare business operations along with
following:
Two trade theories, which describe why General Electric Healthcare has enhanced their
operations within India and China. The explanation of trade theories along with the evaluation of
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