This presentation discusses the international business environment, globalisation, and the impact of digital technology on globalising corporate processes. It analyzes the key factors of cost, market, environment, and competition that drive global commerce and trade. It explains the complexity of strategic challenges faced by organizations when operating in a global environment supported by specific examples. It also provides recommendations to handle problems and concerns in an effective manner. The subject is Global Business Environment, and the course code is Unit 18. The presentation is relevant to students pursuing business courses in any college or university.