International Business: The Challenges of Globalization (8th Edition)
International Business: The Challenges of Globalization (8th Edition)
8th Edition
ISBN: 9780133866247
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
Question
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Chapter 1, Problem 1TAI1
Summary Introduction

To Determine:

The actions of the companies to prepare their managers for the international markets.

Introduction:

Globalization is the process which allows a business to go beyond its territorial boundaries. In other words, globalization is an integration of international businesses. Globalization affects culture, sovereignty and physical environment of nations. Hence there is a need to upgrade the managers in order to tune up with the globalization.

Expert Solution & Answer
Check Mark

Answer to Problem 1TAI1

Solution:

Companies should give international exposures to their managers and a company operating in mutilations should change the locations of their managers to give them the practical exposure of locations as many as possible.

Explanation of Solution

Given information:

The discussion talks about the effect of globalization on managers and what should the companies do to prepare their managers for international markets.

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