Impact Of Globalization On The Global Business Environment And The Expected Future Trends

1493 Words Nov 1st, 2015 6 Pages
Executive Summary
Competitiveness of a country is defined as the set of institutions, policies and factors that contribute to the level of productivity (World Economic Forum, 2015). Numerous empirical evidences show that productivity is the most fundamental element in explaining the level of prosperity of companies and Americans. So the United States is competitive to the extent that corporations operating in this country are able to achieve success in the global economy while supporting increasing wages and high living standards for the average citizen (HBS U.S Competitiveness Project, 2015). In short, competitiveness is a shared prosperity that firms win and citizens thrive.

US competitiveness ranking experienced a fluctuation during the period of 2008 to 2015. The United States ranked the 1st in 2008 and then steadily decreased to the 7th in 2012, but it gradually increased to the 3rd in 2015 (Global Competitiveness Report, 2015). This report mainly focuses on the current situation of US competitiveness in the Global Business Environment and the expected future trends.

The report is divided into four parts: current role interpretation, key strengths analysis, key weaknesses analysis and how to improve US global competitiveness in the future. The first part is about how well the United States performed in the Global Competitiveness Index (GCI). The second and third part are used to highlight areas of relative strengths and weaknesses. International trade and investment…
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