How do comparative advantage and Internet technologies act as driving Essay

How do comparative advantage and meshwork technologies act as driving forces for the creation of global markets extend a speci - Essay ExampleThe leadership style and the management techniques of Japanese firms were also elements of these firms systemwide advantages. These advantages were gradually transformed incorporating other elements, such as the tick denomination advantages (Porter, 1986, p.38). Through the decades the Japanese firms managed to improve their position in the global market using their comparative advantages as explained above in order to make their brand names popular. From this point of view, it could be stated that comparative advantage can have a crucial role in the creation of the global market. Internet technologies had also a crucial role in the creation of the global market. This fact is proved by the case of Amazon bookstore the above enterprise managed to expand its activities worldwide by developing an effective electronic marketing scheme (Holle nsen, 2007, p.87). Through the Internet the firm has been able to communicate with customers worldwide, to collect all-important(a) data on the consumers preferences in the context of the international market and to arrange the delivery of its products in customers around the world (Hollensen, 2007, p.87). It is made clear that without the Internet technologies, the particular(prenominal) firm would not be able to enter the global market. References Hollensen, S. (2007). Global marketing a decision-oriented approach.