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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.
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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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Chapter 1 Solutions
International Business: The Challenges of Globalization (8th Edition)
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