Chapter 1.7, Problem 2QS7

Summary Introduction

To Determine:

The Differences between managing an international firm and a purely domestic firm.

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.

This course is based on the idea to develop the skills required for international business management, which includes important discussions like Globalizations, Technological innovations, and Management of international businesses.