Multinational Firms Dominate Global Supply Chains, Transforming International Trade Dynamics
The article discusses how businesses in the global market focus on improving their competitiveness by managing their supply chains effectively. It highlights that multinational companies are taking advantage of supply chain management to boost their position in the global competition. Large companies are actively expanding their operations internationally, which involves the global supply chain. Understanding global supply chains and international trade relations helps in developing business strategies and choosing partners wisely. The main aim here is to show how important it is for companies to consider the global supply chain in their strategies and operations for success in the competitive market.