Global business environment

  • Dr. Anand V. Kulkarni

Abstract

A global business environment is a global business environment in which globalization is a process through which international trade, services, capital, goods, knowledge, technology exchanges are increasingly interconnected. Creating new opportunities for businesses to maximize profits by expanding global business markets and giving them greater access to resources. On the other hand, global business also opens up or makes available domestic markets to new competitors, thereby reducing demand for local products. Arguing on the benefits or disadvantages of global business is like putting climate change into climate change: it's here and there to be acknowledged and then find out how it's going to affect you.

Published
2019-12-27
Section
Articles