Key Factors Driving Global Trade

GLOBAL BUSINESS
ENVIRONMENT

TABLE OF CONTENT
 Introduction
 Key factors of cost, market, environment and competition that drive
global trade
 Impact of digital technology upon globalization
 Complexity of strategic challenges in relation to operate in global
environment
 Conclusion
 References

INTRODUCTION
 The global business environment involve social, political, economic, cultural, legal and
technological view.
 This presentation is based on CAMCCO which is chemical company .
 It will analysis key factors of cost, market, environment and competition which drive the
global commerce and trade.

Key factors of cost, market, environment
and competition that drive global trade
Globalization is the procedure of interaction and combining between people, firms and government
worldwide. It is considered be some as kind of capitalist expansion which allows the integration of localized
and nationalized economies into international unstructured market economy. Due to advances in
transportation and communication technology, globalization has grown. Increasing the international
interaction comes the growth of global trade, thoughts and culture. There are four factors which are driven
globalization such as:
 Cost
 Market
 Competition