Global Business Environment

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Global Business
Environment

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 INTRODUCTION
 key factors of cost, market, environment and
competition
 Explanation of complexity of strategic challenges
 Significant impact of digital technology upon
globalising business operations
 Recommendations
 CONCLUSION
 REFERENCES
Table of content

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 The global business environment is described as
an environment containing characteristics that are
endogenous to the organisational environment in
different self-governing nations and influence the
decision-making process on use of resources and
skills (Rönnberg, 2017). Simply said, the global
environment is referred to essentially as an
overall environment in which an organisation
operates. This notion comprises a variety of
components, technology, culture, politics,
geographical location and economic standing.
INTRODUCTION

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 Globalization is referred to basically as a formative
exchange between different sorts of countries involving
commodities, technology, products, services and
information (Leke, Signé, and Initiative, 2019). The
globalisation factor leads to the influence of a corporate
environment in general. A country efficiently benefits
from several kinds of elements, including increasing per
capita income, job possibilities, easy resource availability
and more. Globalization is mostly seen in the market for
energy, capital, commodities and gold. Thus, the free
trade movement of goods, information, technology,
services and data is an easy part of globalisation process
key factors of cost,
market, environment and
competition