Impact Of Globalization On World Business

1824 Words Oct 20th, 2015 8 Pages
The research paper written in accordance with the impact of globalization on world business was written with reference to a rather generalized research paper on various business cycle synchronizations and financial integrations. This segment is in due correlation with how a business cycle could be improved for the betterment of the world economic upheaval.
How does a company manage to go from being a minor retailer to becoming one of the leading global Multi-National Companies of the world? The answer to this question resides with an illustration of a strategy termed ‘direct opportunism’; a strategy that was most significantly embellished by an MNC running by the name of Samsung Electronics. In order to reciprocate and adjust to an alternate method to synchronize business cycles, an emerging company needs to know how to clone and evolve its corporate DNA; Samsung holds this attribute. In this section, I will explain via a channel of significant events that occurred in Samsung’s progress to perfection, how we could correlate business with technology in all areas of financial expertise.
In order to show this sentiment, a company should know how to participate and eviscerate dealings from country to country. For instance, an established company has its main office in Singapore, an operational side-office in China and a channel of capital goods via borders between two significant industrial countries, say Brazil and Venezuela. If the company is vigilant in maintaining its chain…
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