Assess The Scope Of The Integrated International Production System In Managing And

NameUniversityCourseTutorDateIntegrated International Production SystemsDue to their low developed economic factors , growing countries have highly incorporated the tool of merged supranational ware system to return a standard in which the facets of economic objectivity can be formulated . This is provided by the interaction phenomena with which multinational corporations that operate in many countries provide strange condition investments for the exploitation of the unexploited elections within the evolution countries . Due to other low status of the economic tuition , ontogenesis countries lack the resource br aptitude for utilisation in the exploiting the resources within their economic framework . In decorous in resource dispensation comprise twain high technology capacity that would provide economies of scale in the action system as well as qualified human capital that would other be expenditured in performing outturn processes (Cassen , 1994 br.75However , the facets of combine transnational production system provide the legitimacy with which the production systems can be imported and exported across the national boundaries of unitary country to another Foreign direct investments that have been facilitated by multinational corporations have been the benchmark in check of contrary direct investment . The nature of such foreign direct investment has been an important implement with which the developing countries have been provided with resource mobilization tools for economic growth and development . Largely , integrated international production systems within the developing countries have acted as a benchmark for support of comparative advantages in the international markets where products and service outputs managed through such production systems have been highly competitive in the international markets . Since economic development implies the assign of equilibrium between the level of exports and imports , the short run conditional relation of many developing countries without such integrated production systems has been unfavorable . This is because of the effect and consequences of high import levels compared to the levels of export .

With such a condition , there has been a negative balance of pay , which has direct to low levels of economic development (Walters , Blake , 1992 , pp .66The use of foreign direct investment by multination has been a mechanism towards linking both international markets and also production systems between countries . Integrated production systems have come as a refuge to the traditional production system where a country could pursue its ingest production mobility . However , this has compromised the level of economic development in many developing countries where the production systems cannot provide the most adequate structures for producing internationally competitive productsHowever , the current global economic self-direction has provided the standards for support of high complex system of integration strategies for their production purposes . This has been through both horizontal as well as vertical systems of production integration . The end result has been bear on division and economics of value chain strategies in support for more competitive production system within the developing nations International integration production system has been achieved through the use integration strategies of complex corporate capacities , which are used in exploiting both global and regional states of economic specialization . This has led to networks...If you want to get a full essay, order it on our website: Orderessay

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