Strategies to deal with Globalisation

• Businesses should be attentive of changes and trends in their related industry
• They should stay up to date with new technology, processes and developments to ensure that they have a competitive edge
• Explore overseas markets for the business' products
• Businesses should ensure that their products meet international standards of quality
• Products that are made available to different markets should be useful, eye-catching and unique
• Source overseas manufacturers/ materials/ suppliers, to ensure then business stays competitive
• Build a strategy for connecting with governments around the world
• Comply with international trade laws to make it easy to trade internationally
• Upgrade the enterprise's information technology network to enable online purchasing