Concept explainers
From the perspective of globalization, it describes how international business has evolved and grown over the last 10 years.
Contents:
Explains the elements of globalization associated with the economy, politics and culture. Support your answer with examples of companies or products.
How can the exponential growth of the Amazon company help to understand the concept of globalization?
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It explains the role played by the United Nations (UN) in international law applicable to the economic and commercial development of companies and countries.
How could the knowledge of the different global systems help in the management and development of successful business strategies?
It explains the role played by the United Nations (UN) in international law applicable to the economic and commercial development of companies and countries.
How could the knowledge of the different global systems help in the management and development of successful business strategies?
- I need help with this problemarrow_forwardGlobalization has also led to the growth of __________, which are large multinational corporations that operate in multiple countries around the world. These corporations have significant economic power and influence and are key players in the global economy, affecting trade, investment, and employment patterns.**- A) conglomerates- B) startups- C) state-owned enterprises- D) transnational corporations.arrow_forwardQuestion: what are some examples of successful expansion of global trade, countries are seeing, and using, trade as a weapon during and after recessions? please answer in paragraphs, thank you for your time!arrow_forward
- A) What is globalization? How do we know it is occurring? B) What are the benefits/costs of globalization? C) With current conditions in the world what is happening with globalization? Support yourarrow_forwardQuestion 41 In addition to economic dimensions, globalization has_ and dimensions. O political; social clerical; art history O friendly; unfriendly chemical; biological accounting; intuitivearrow_forward"Globalization refers to the worldwide interconnectedness and integration of commodities, services, people, and ideas." Give enough examples to explain the two aspects of globalizationarrow_forward
- 8. A) What is globalization? How do we know it is occurring? B) What is the benefits/costs of globalization? C)With current conditions in the world what is happening with globalization? Support your answer.arrow_forwardDescribe the role of information technology in globalization with example.arrow_forwardOne of the main features of globalization is the expansion of exchange of goods and services among the countries of the world. the agreement by various economies on what each country should produce. the agreement by various economies not to expand production because resources are limited and exhaustible. None of the above.arrow_forward
- Identify oneeffect of the globalization of culture on the economy (in other words, interaction of the cultural domain on the economic domain) and whether the effect is furthering globalization.arrow_forwardDiscuss malevolent and benign mercantilism. What kind of activities would the State undertake under each to ensure that its country does not suffer due to globalization?arrow_forwardThe two factors that affect the pace and direction of Globalization are: a. Money and Labor cost b. Technology and Money c. Labor Cost and Government policy d. Technology and Government policyarrow_forward
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