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I will pay for the following article Resource Based View of the Firm to Strategic Management in a Global Environment. The work is to be 3 pages with three to five sources, with in-text citations and a
I will pay for the following article Resource Based View of the Firm to Strategic Management in a Global Environment. The work is to be 3 pages with three to five sources, with in-text citations and a reference page. Organization refers to systems and procedures that lie outside hard assets yet add value to profitability. Globalization requires that we expand the definition of resource to include intangible assets that are not easy to measure in terms of dollars.
According to Wheelen and Hungary, globalization is increasingly dependent on regional trade organizations such as NAFTA. The ability of a firm to lobby for successful legislation and work with regional trade partners is imperative for success. Regional trade groups in Asia, Europe, and North America are a step towards international standards and a firm's ability to position itself within this framework, though of great importance to profitability, is difficult to measure in terms of asset allocation.
A firm's existing culture and its ability to adapt is another aspect of a firm that can be measured as a strength or weakness in globalization. A firm's ability to understand and implement business across borders is dependent on the staff's orientation towards the host country's laws, traditions, and accepted business practices. Other intangibles such as brand recognition, respect for intellectual property, and social capital can all contribute to a firm's ability to compete (Rycroft,2002) .
