Discuss: The impact of globalization and the internet presents real challenges for corporate strategic planners across the world. What is the impact of globalization and the internet on the corporate world? Explain the important role of strategic planning in today's competitive business world in light of these two forces?
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Globalization and the Internet have greatly changed the way business was conducted. New strategies for doing business such as websites, emails, search engines, and internet marketing were created and proved to be useful. Nowadays, organizations can advertise and market their products and services virtually throughout the different cultures around the world. Globalization has removed national borders with its free trade enhancing economic integration while the rapid revolution of communications making geography and time irrelevant. How ...
This solution discusses new strategies for doing business in a globalized and digitized world in 322 words with references.