Ramsha Mahmood
Global HRM
Midterm #1 Extra Credit
Debate five drivers of the internationalization of business. Give an example of each.
Perhaps the largest and most revolutionary diver of the internationalization of business is
the internet. The advent of the internet has shrunk the world and created pockets where the
lines between cultures and countries are blurred. The use of internet in the business world has
allowed rapid communication which would lead to faster response, integration, and adaptive
behaviors by multinational organizations. Furthermore the internet is a hub of information that
can be used to understand, share, and organize information that will aide organizations in their
desire to adapt to policies in host countries as well as find an equilibrium as it relates to their
goals and international goals. The internet has created a sort of inbetween (a third party) for
companies and the countries they want access in a manner that does not breach rules and
regulations and that is, most importantly, readily accessible and fast.
Linked into the first driver of internalization of business is the search for new markets.
Knowing that the spread of information aids us in determining the best fit for our countries is
extremely helpful in pushing organizations to expand their services abroad. It is important to
have an understanding of what the country is offering in terms of the type of market,
environment etc to take the step into expanding to that country. New markets also means an
influx of a variety of different competitive advantages like more knowledge sharing, different
people with different backgrounds, and a step towards understanding the proper way to
