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understanding the global business environment—that is, the interconnections of cultural, political, legal, economic, and ethical systems; exploring basic concepts underlying international finance, management, marketing, and trade relations; and; identifying forms of business ownership and international business opportunities.
The analysis of the global environment of a company is called global environmental analysis. This analysis is part of a company's analysis-system, which also comprises various other analyses, like the industry analysis, the market analysis and the analyses of companies, clients and competitors. This system can be divided into a macro and micro ...
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
Environmental scanning reinforces productive strategic plans and policies that can be implemented to make the organization get the maximum use of the business environment they are in. Environmental scanning not only helps the business find its strengths in its current environment but it also finds the weakness of competitors, identifies new ...
Global Environment Outlook (GEO) is a series of reports that review the state and direction of the global environment, issued periodically by the United Nations Environment Program (UNEP). The GEO project is a response to the environmental reporting requirements of UN Agenda 21 and to a UNEP Governing Council decision of May 1995.
This new global interconnectedness and free flow of information has radically altered notions of other cultures, conflicts, religions and taboos. Now, social movements can and do form at a planetary scale. Evidence, if more were needed, of the link between social and environmental global change came with the 2008–2009 global financial crisis ...
Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP). [ nb 1 ] According to the World Bank , the 2013 nominal GWP was approximately 75.59 trillion United States dollars . [ 2 ]