Global Business Environment

Global Business Environment

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
A. Risks global social media firms face from government regulations.......................................3
B. Trump's economic policies and their impact on foreign countries.........................................4
C. Opportunities in emerging economies for business expansion...............................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Global business environment can be defined as environment or factors that influence any
businesses or organization heavily. Those factors include legal or political factors, economic or
labour factors, technological factors, competitors in particular economies etc. This report
includes how these factors affects global social media firms and what opportunities do emerging
economies offers, and also how Trump's economic strategies affects world.
MAIN BODY
A. Risks global social media firms face from government regulations.
Many countries including USA, Europe, India or China etc, are now heavily controlling
the operations of giant social media firms such as Facebook, Twitter, Instagram etc. Because of
concerns regarding data leaks, privacy of users, misuse of these firms in influencing any
economy and their citizens (Wenguang and et.al., 2018). This hugely affects there businesses in
different economies. Major countries in which these social media firms have large amount of
market share are keen on suppressing or limiting the platform's usage by citizens. They are
introducing strict regulations and propositions for these firms. The factors which required
government to impose regulations are rapid spread of fake news, conveyance of misinformation,
increasing spammers and fake accounts, increasing cyber crimes such as bullying or harassment
(Loukis, Charalabidis and Androutsopoulou, 2017). Many governments have proposed that
anytime it can order investigation into any social media firm about hrier business policies, if they
found any serious concern. Some regulations force these social media firms to obtain permission
before using any informations of them. Social media firms can also face monetary losses, if they
are found guilty in breaking any regulations. Some legislatures also proposed regulation which
restricts posting of political and other advertisement on these social media firms, and also
ensures that foreign economies are not governing those ads. There are such regulations too which
orders these firms to identify and control the accounts which are considered as 'bots'. Some
provisions will also force the social media firms to disclose about the information they collect
from user's and how they use or share them. Government also has made laws that can demand
about company's business policies any time. Government of different economies are also planing
to propose regulations like implementing strict guidelines on data flow process, making company
responsible for users data. These regulations also forces company's to remove appropriate
content and provide justification for that content. Social media firms also has to delete accounts