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global business environment

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Respond to Discussion Questions with 350-700 words.
· How would you define the global business environment?
· Present your opinion on Globalization. What are the positive and negative sides of Globalization?

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Solution Summary

This solution discusses how one could define the global business environment.

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The global business environment can be defined as the environment in different sovereign countries, with factors exogenous to the home environment of the organization, influencing decision making on resource use and capabilities. This includes the social, political, economic, regulatory, tax, cultural, legal, and technological environments.

Source: http://wiki.answers.com/Q/What_is_the_definition_of_Global_Business_Environment

Positive Sides of Globalization:

- Increased free trade between nations
- Increased liquidity of capital allowing investors in developed nations to invest in ...

Solution provided by:
Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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