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The Internationalization of U.S. Manufacturing: Causes and Consequences
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Internationalization is an increasingly pervasive force in U.S. manufacturing, creating new sources of competition and new standards for competitiveness. The growing importance of imports and exports in domestic manufacturing and the significant rise in foreign investment in the United States in recent years are the most obvious evidence of internationalization. Less obvious, but more important, are the interdependent relationships being established across national borders. International networks of suppliers, customers, researchers, technology developers, and distributors have emerged, creating an unprecedented degree of global interdependence. The formation of these networks is being driven by manufacturing managers seeking to maximize competitive advantages in response to changes in markets, costs, technologies, and politics. Markets are global. Manufacturers cannot afford to ignore the revenue potential of foreign markets, the necessity of attacking competitors abroad to protect domestic market share, or the advantages of learning the demands of customers in diverse markets. For many product lines, penetration of global markets depends on having local production capacity for quick response to customer demand and manufacturing systems that can achieve constant improvement in cost, quality, and value.
NATIONAL ACADEMY PRESS - Organizational Body
0-309-59742-0
NONE
The Internationalization of U.S. Manufacturing: Causes and Consequences
Business Policy and Strategy
English
1990
1-78
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