Globalization and Its Impact on International Business Essay

1558 Words May 20th, 2008 7 Pages
Table of the content

Introduction....................................................................3

What is Globalization....................................................4

The engines for Globalizations…………………..……5

Globalization’s impacts on international business…..7

The road ahead for international business……..……9

Summary…………………………………….………..11

Reference………………………………..……………12

Introduction

Every day we hear it on the news, read it in the papers, overhear people talking about it… and in every single instance the word globalization seems to have a different meaning. So, what is globalization? What are its main drivers? Why and how does globalization impact international business? What’s the future of
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This is linked to technological changes, innovation and invention in many different markets. If the MES is rising this means that the domestic market may be regarded as too small to satisfy the selling needs of these industries. Overseas sales become essential.

Globalization’s impacts on international business

The trend towards globalization and internationalization, together with the nature of competition, means that an increasing number of firms need to deal with business issues in an international context. Why does this trend toward a global economy mean for managers with an international business? Let’s exam the global business environment and see how globalization environments impacts on international business. Generally, the global
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