Chat with AI
Global Business 3rd Edition by Mike Peng
Edition 3ISBN: 978-1133485933Global Business 3rd Edition by Mike Peng
Edition 3ISBN: 978-1133485933 Exercise 1
A classmate says: "Global business is relevant for top executives such as CEOs in large companies. I am just a lowly student who will struggle to gain an entry-level job, probably in a small domestic company. Why should I care about it?" How do you convince your classmate that global business is something to care about?
Explanation
Verified
Verified
Global business involves the exchange of product, services, ideas, knowledge, and culture between the nations, across the world. Global business is helpful to provide the following advantages:
• The study of global business helps in understanding the domestic business and their scope in global market.
• It helps in understanding the gains from the exports and imports.
• Information regarding the better options of investment can be made.
• The study of global business helps in making decision regarding portfolio management.
Increasing globalization practices across the world have enabled the top executives to dominate the world economy. However, the students might also gain the knowledge of global business and relish the following advantages:
• Enhance their career opportunities by understanding the concept of global business.
• Work as an expatriate in the foreign country.
• Develop competencies and skills to acquire a financially rewarding job.
Hence, it is concluded that the students might utilize the study of global business practices.
• The study of global business helps in understanding the domestic business and their scope in global market.
• It helps in understanding the gains from the exports and imports.
• Information regarding the better options of investment can be made.
• The study of global business helps in making decision regarding portfolio management.
Increasing globalization practices across the world have enabled the top executives to dominate the world economy. However, the students might also gain the knowledge of global business and relish the following advantages:
• Enhance their career opportunities by understanding the concept of global business.
• Work as an expatriate in the foreign country.
• Develop competencies and skills to acquire a financially rewarding job.
Hence, it is concluded that the students might utilize the study of global business practices.
Global Business 3rd Edition by Mike Peng
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
