Globalization Services

The Globalization Handbook
Part III

Globalization
A Key Part of Your Business Plan
by Tom Epply

The Globalization Glossary

All In -- The total employee cost including wages, taxes and all benefits

Composite Wage -- Averaging high cost wages with lower cost wages in different locations to create a new average overall labor cost.

ESG&A -- Combination of overhead cost. Some companies breakout and separate these charges.

E = Engineering
S = Sales
G&A = General & Administrative

Globalization -- Matching the best technical strengths in the world with the lowest cost.

Paradigm Shift -- Changing a concept accepted by most people as being correct.

Value Stream -- The entire process required from concept to finished goods delivered to the customer.

1. The Globalization Handbook
2. Globalization: A Second Option
3. Globalization Glossary

• Globalization Home
• The Globalization Handbook
• Part 2
• Part 3 (Glossary)
• Success Stories and Case Studies