Global Business Environment: Overview, Factors, and Challenges

Global buiness
Environment

Table of Content
• Introduction
• Introduction to the concept of globalization
• Driving factors of Globalization
• Significant impact of digital technology upon globalization
• PESTEL analysis
• Strategic challenges for globalization
• Recommendation
• Conclusion

Introduction
Global business environment is the overview of various countries
where different factors affect the business in order to expand their
business globally. It include various factors surrounding business
environment that affect the operations or decision making process.

Introduction to the concept of globalization
Globalization is described as a phenomenon where countries and
people interact or integrated with each other so many things become
globalized. Where people comes under the contract and similarly
countries deals with each other under the contract is called
globalization. It include that, countries coming together for the big deal
in the economy which make is make international trade easy.