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Business Studies Notes On Global Business'
Business Studies
9 Pages • Topic Notes • Year: Pre-2021
BS notes on Global Businesses Growth of the global economy: Businesses are taking an integrated approach to their work, viewing markets, suppliers and customers in global terms. Era of multinational economy; rapid growth of international trade, US and Europe build factories in diff markets, multinational companies build factories in duff markets, t improve profitability businesses became global. Era of global economy; customers all over the world have similar needs/wants, business sources raw materials from one market and manufacturers in diff markets, companies in global economy are transnational.
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