However, optimists see in the melting ice caps a positive outcome for global business, most notably ____. A) The increasing unpredictability of the weather will make it easier to configure logistic routes. B) Melting of the ice cap opens opportunities to navigate the Northwest Passage and Northern Sea Route. C) Progressive ice melt will steadily liberate long-frozen ecosystems. D) There will be some benefits, but most have trivial implications to global supply chain logistics.
Understanding the environments of international business moves managers to mind the world’s static as well as changing dimensions. For example, political geography is concerned with the study of both the spatially uneven outcomes of political processes and the ways in which political processes are themselves affected by spatial structures.
Likewise, economic geography is the study of the location, distribution, and spatial organization of economic activities across the earth.
More precisely, Economic geography applied a variety of approaches to many different subject matters, including the location of industries, economies of agglomeration (also known as "linkages"), transportation, international trade, development, real estate, gentrification, ethnic economies, gendered economies, core-periphery theory, the economics of urban form, the relationship between the environment and the economy, and, yes, as you would expect, the matter of globalization.
Both good and bad, we see intriguing developments in the geography of the global business environment.
For example, global warming and climate change is affecting the process of international business activity.
Regarding negative consequences, people point to the melting of the polar ice cap as signaling dire impacts to a host of eco-dimensions.
However, optimists see in the melting ice caps a positive outcome for global business, most notably ____.
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