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Global business environment

   

Added on  2023-02-02

12 Pages480 Words34 Views
GLOBAL BUSINESS
ENVIRONMENT

Table of Content
Introduction
Key factors that drive global commerce and trade
Complexity of strategic challenges faced by organisation
Conclusion
References

Introduction
Global business environment is refer as a situation in different
independent nations having factors endogenous which is to home
enterprise environment that assists in influencing decision making on
abilities as well as resource utilisation. For performing the operations in
international market, it is essential to has appropriate strategies and
direction.

Key factors that drive global commerce and
trade
Globalisation is considered as process for interaction as well as
integration between individuals, firms and governments internationally.
It has grown due to transportation and communication technology.
With the growth in international interactions, this leads to development
in global trades, thoughts, ideas and so on. It is considered as the
economic process for combination as well as interaction of ethnic and
cultural aspects.

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