QuestionRead the Management Focus on Vizio (CH 1) in textbook Global Business Today, Charles Hill, 7th Edition, McGraw Hill. and answer the following questions:
While the technology for flat panel televisions was developed in the United States in the 1960s, virtually all production now takes place in low-cost locations.
a) Why is the manufacturing of FLAT PANEL TVS migrating to different locations around the world?
b) Who benefits from the globalization of the flat panel industry? Who are the losers?
c) What would happen if the U.S. government required that flat panel displays sold in the United States had to also be made in the United States? On balance, would
this be a good thing or a bad thing?
d) 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 in order to thrive in highly competitive global markets?
To learn more about Vizio go to http://www.vizio.com/ and also consider http://www.businessweek.com/magazine/content/10_18/b4176051946906.htm