Globalization of Businesses and New Challenges Raised

Explore how the globalization of businesses has given rise to several new challenges that leaders must address when doing business in the global arena.

Analyze why globalization of industries is common today. Discuss why some industries are more ”global” than others. Evaluate how consumption patterns are becoming similar worldwide. What are the strategic implications of this trend for your chosen company? What do the leaders of the company do to formulate and implement a response to the trend? Assess the issues that international leaders of your chosen company must address when doing business abroad (e.g., advantages and disadvantages).