Global Business (850 words)

This is a short three-page essay in which you will share your thoughts and ideas about what is global business. The content of the essay to be written will need to provide a short introduction, a definition, as well as one or two examples of how global business is achieved and done. This essay will serve as an anchor to help you connect the course learning’s with your professional lives. It will also allow you to reflect on your current knowledge, understanding and thought as you explore new ideas and strategies in the course designed to help you better prepare and respond in the future.

The three-page typed essay must be double-spaced, Times New Roman, 12-point.

The Information Age has been characterized by globalization and liberalization. As the economies have been opening up to allow foreign companies to establish facilities in their domestic territory, businesses have been increasingly becoming global. A global business can be defined as any business whose facilities and operations are not confined to the domestic boundaries of the home country. Such businesses have operations in more than one economy and they target the global market for their outputs and inputs.
Reason behind globalizing of businesses
After World War II, the economies...

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