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
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Chapter 1, Problem 3TAI2
Summary Introduction

To Determine:

If the rapid change is outpacing the capability of government to manage the global economy.

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 for the government to upgrade its policies in order to tune up with the globalization.

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