Three Compelling Points Made by Any of the Speakers and Review
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Weekly assignment
Won Seok Chung G22483623
Please identify Three compelling points made by any of the speakers in today;s class, and write a paragraph linking each of these points to the material covered anytime in this semester class.
First of all, Tebabu Assefa, the CEO of Blessed coffee has explained the business process of Blessed Coffee. He told stories to excite markets and promote in African culture, which create international market for higher value and profit with producer to improve economic and social development. Increased globalization of coffee it increases production of coffee not only in Africa but also in other parts of the world.
Moreover, Brian Bieron from eBay has explained the evolution of technology development. Technology development established inclusive commerce that empowers both consumers and businesses of all sizes. Ebay’s experience indicates that companies can foster a culture of innovation by attracting innovative people and creating an environment where they can thrive and their work gets recognized and rewarded.
Lastly, Rex Pingle has expressed his experience in commercial investment banking in emerging markets. There is no doubt that globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position with its competitive advantage. Also, through his long experience of not only the US, but also Asian countries such as South Korea and China, we were able to recognize how the world has been enormously developed compared to past from the growing globalization. In other words, positive relationship between foreign competition and innovation show that supply chain of multinational enterprises and international trade are also important channels.