Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question

Determine the challenges and opportunities in managing diverse and multicultural teams intoday's globalized business environment.

Expert Solution
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Step 1: Define the term globalized business environment.:

A globalized business environment refers to the condition in which businesses and  profitable conditioning operate on an  transnational scale, transcending  public borders and boundaries. In a globalized business environment,  colorful aspects of the business world, including trade, finance, information exchange, and  product, are  connected and interdependent on a global scale. 

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