Types of Corporations by Multinational Expansion Strategy

There are different reasons and strategies that drive corporations to expand internationally: Raw material seekers are corporations extracting resources, processing them, and making them available on global commodity markets for industrial use. Many emerged at resource-rich locations and developed technical capabilities and scale in the extraction of specific resources. As

Offshoring, Nearshoring and Farshoring

Outsourcing and offshoring are often confused when they are related to different processes. While outsourcing is the transfer of an organizational function, including manufacturing, to an entity (subcontractor) outside the firm, it takes place irrespective of the geographical context. Outsourcing can take place within the same country or on another