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The Trend in the Global Business Environment

Becoming 'data-driven' has been a commonly professed objective for many firms over the past decade or so, but leading corporations seem to be failing in their efforts to become data-driven according to a survey conducted by NewVantage Partners.

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Added on  2023-01-19

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This article discusses the impact of globalization and the global trend in the business environment. It explores the importance of maintaining organizational architecture for globalization and the backlash against globalization. The article also highlights the vital impact of globalization on businesses and the world.

The Trend in the Global Business Environment

Becoming 'data-driven' has been a commonly professed objective for many firms over the past decade or so, but leading corporations seem to be failing in their efforts to become data-driven according to a survey conducted by NewVantage Partners.

   Added on 2023-01-19

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The trend in the Global Business Environment
Article 1: the State of Globalisation in 2019
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The Trend in the Global Business Environment_1
Table of Contents
Introduction.................................................................................................................................................2
Article Summary.........................................................................................................................................2
Literature review.........................................................................................................................................3
Conclusion...................................................................................................................................................5
References...................................................................................................................................................6
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The Trend in the Global Business Environment_2
Introduction
The primary purpose of the paper is to provide an effective view regarding the globalisation and
the international business process within the field. It is highly effective for the value of the firm
to analyse their situation and provide the most effective working function within the market. The
paper discusses the impact of globalisation and the global trend within the market that would
enhance their value and their business process effectively for the development of the business
and the working function.
Article Summary
The article shows the concept regarding the globalisation and the trend in the global business
environment in the year 2019. Globalisation from the time of Brexit as well as Trump shock in
the year 2016 has formed the shape of tug of war within the economic fundamental as well as the
policy threats. The article even shows that the new DHL Global Connectedness index effectively
demonstrates that the world ended in the year 2017 as the more globalised than ever. This is
because in the year 2017 the strong growth across the world propelled can be effectively
identified. The trade proportion even increased that lead to the most effective globalisation factor
within the world. The article also shows that in the year 2018 the primary policy threats
generally turned from the rhetoric to the reality of the entire world. With the help of the
globalisation the strong momentum effectively running up against of the powerful headwinds
and for that it becomes highly essential to recognise that the market integration is still limited
within the process with the absolute terms. The article even shows that the foreign operations of
the multinational firms all over the world generate only 9 % of the global output. The suitable
questions that could be arising from the articles are as follows;
If the company changes its competitive strategy is it highly essential to adjust the
organisational architecture for maintaining the globalisation within the world?
Is the backlash against the globalisation is considered to be the part of the backlash
against the big business within the world?
The organisation in most of the situation is still domestic rather than the international
where the societal anger is regarding the globalisation that has the domestic root cause
within the market?
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The Trend in the Global Business Environment_3

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