What are potential challenges a CEO may face in the future doing business on a global scale?
What are potential challenges a CEO may face in the future doing business on a global scale?
The manufacturing and selling of products and services across countries are known as international or global business. Businesses generally manufacture items in other countries owing to reduced operating costs or tariffs, and they offer products and services in the global market due to the great potential for reaching a bigger audience, obtaining new consumers, and increasing income. Although global trading is thrilling, it can also be dangerous. Handling the global business environment may be tough since each nation has its own government, regulations, laws, cultures, languages, currencies, time zones, and inflation rate.
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