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[Solved] MGT603 GDB Solution & Discussion Spring 2020
MGT603 Strategic Management GDB Solution & Discussion Spring 2020
MGT603 GDB Solution idea:
Yes, I think that globalization carries opportunities or threats for the local companies because Domestic firms entering the international arena need to consider the politics, economies, and culture of the countries where they plan to do business. Government trade policies can be loose or restrictive, countries can be nationalistic, and governments can change. In the area of culture, many products fail because companies don’t understand the culture of the country where they are trying to sell their products. Some developing countries also lack an economic infrastructure, which often makes it very difficult to conduct business.