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drivers of globalisation - Coggle Diagram
drivers of globalisation
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market drivers
as local markets become more and more saturated and opportunities for growth are limited —> global expansion is a way most companies choose to overcome the situation.
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germany, france, Great Britain derive more than 55% of their gross domestic product (GDP) from world trade
cost drivers
labour cost vary from country to country and are the greatest source of potential savings accounting for approximately 60 & of the total cost advantage
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