Wednesday, November 18, 2015

How Companies Are Demonstrating Real Dynamism in the Global Marketplace

Being global is for any size company.  All one needs to know is how to ship overseas, use the Internet, collect or make a payment and have a great idea.  In fact, micro-multinationals, have advantages over small-to-medium-sized enterprises (SMEs). Never heard of the term micro-multinational?
Micro-multinationals enjoy advantages unavailable to SMEs operating in a single market. These include the ability to exploit global variations in knowledge, skills and labour costs. They can operate their businesses around the world and around the clock across multiple time-zones. While micro-multinationals have all the traditional benefits of being small and nimble, they have additional benefits of operating and marketing their products and services in multiple global markets.
According to Martin Davidian, Managing Director Sales UK North and Ireland, FedEx Express, micro-multinationals will change the face of global business in the years to come.

Learn more:  The rise of micro-multinationals

Another related article of a similar title:  The rise of the micro-multinational, and why it matters to the U.S. economy

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