Factors Impacting Global Business Environment: A Detailed Report

This report offers a comprehensive overview of the global business environment, focusing on the concept of globalization, its driving factors, and the challenges faced by companies. It begins by defining globalization and its impact on international trade and communication. The report then explores the factors driving globalization, such as technological advancements and economic integration. A PESTLE analysis is conducted to examine the political, economic, social, technological, legal, and environmental factors influencing the global business landscape. The report also highlights the disadvantages associated with globalization, such as high investment costs. Ultimately, the report concludes that while globalization presents challenges, it fosters peace, development, and international market opportunities for businesses, and includes a list of references.