Case study flat-panels TV`s

1)Companies in that industry, because of high levels of competition, have had to reduce their prices to remain competitive and profitable, so they are taking advantage of the economies of scale by acquiring the cheapest labor and materials from around the world.

2)Who benefits from the globalization of the flat-panel display industry?who are the losers?

The clear winners from globalization are consumers and efficient manufactureres. As producction has been redistributed along cheaper countries around the world, these made posible so many profitable changes. Also as always, there are losers from others joy. The film fimrs that make cathode-ray tv are losers and also manufactureres from countries whom are not profitable to investors.

3)Then they would make the product more expensive, and thus less accessible to population. They would eventually kill the industry and probably favor substitute goods for flat televisions. In a balance, this would be really bad, both for Asian and Mexican economies as well for the consumption of them in the US. Restricting trade through barriers and useless tariffs is always a bad idea.

4) What does the example of vizio tell you about the future of production in an increasingly integrated global economy? What does it tell you about the strategies that enterprises must adopt to thrive in highly comptetitive global markets?

Vizio gives the perfect about globalization, that they will never have to worry about changing providers eventhough they are in different countries. The reason is that they dont finance any of these manufactureres as son as another country provides a cheaper way to produce the needed material, they can take it.

The strategie needed is that they need to move faster and take advantage in economies of scale, because if not they will be left