Global Competitive Dynamics - Essay Example

Global Competitive Dynamics College: Introduction The resource base of a country of a country influences its competitive capabilities in terms of industrial performance as a whole. The manufacturing sectors of different nations are the most hit by this phenomena. The table below illustrates the degree of different manufacturing industries from the highly concentrated to the highly fragmented. Given also is their ranking per revenue based on the manufacturing sector that they belong.Table-(Industry Week, 2013).

IndustryCompany CountryRevenue ($ billions)AerospaceBoeing CoUnited States81,698AirbusNetherlands74,694United Technologies CorpUnited States57,708Lockheed Martin CorpUnited States47,182BeveragesPepsiCo IncUnited States65,492Coca-Cola Co.United States48,017Anheuser-Busch Inbev SABelgium40,442LVMH Moet Hennessy Louis Vuitton SAFrance37,041ChemicalsBASF SEGermany105,072Procter & Gamble Co.United States83,680Wesfarmers LtdAustralia60,570Dow Chemical Co.United States56,786FoodNestle SA Switzerland101,027Archer-Daniels-Midland CoUnited Kingdom89,038Unilever Group Bermuda67,648Bunge Ltd.

United states60,991 From the table above it is very evident that the United States overly performs better than any other country in the world in the the manufacturing sector like aerospace, beverages and chemicals. This would be attributed to the fact that the United states is well endowed with resources including primary demand drivers like high military domestic budget, threat of international warfare, demand for alternative and new commercial travel and profitability drivers like availability of technical expertise and accurate long-term contract prices in case of aerospace manufacturing.

Conclusion Therefore, from the illustration of the United States and performance in aerospace manufacturing, it is evident that the resource base endowment of a country influences the global competitive dynamics of its industries in any given sector of the economy especially the manufacturing sector that solely depends on availability of resources to thrive and prosper (Global Edge n.d.). Thus, resource and capabilities of a nation influences the competitive dynamics of industries in the manufacturing sector.

ReferencesGlobal Edge (n.d.) Your Source for Global Knowledge. Retrieved from http://globaledge.msu.edu/industries [Accessed: 6 March 2014].Industry Week. (2013). Advancing the Business of Manufacturing. Retrieved from http://www.industryweek.com/resources/iw1000/2013?page=2 [Accessed: 6 March 2014].