It is an absolute truth that businesses nowadays whether they like it or not are affected by such globalization issues and if a certain organization or companies do not comply with this standards they may become weak in international trade especially during recession when competition always thought about changes and revolution to best demonstrate and maintain their position in the industry. They tend to switch to international policy to lay down their ground and open up massive opportunities that is now overwhelming our world, thus they penetrate the worldwide market when given the opportunity.
If a certain company will only focus on local market they may delimit and lose their chances to a bigger part of their business and soon may saturate their market niche even if they become a leader in the industry they represent. Some companies may be afraid to extend their position because globalization is costly and may required an extensive studies that may take a huge amount of investment on their part because expanding in geographic location and hiring people plus studying another countries business policy is a total headache especially in small enterprises, they tend to defer the globalization issues and settle to be... [continues]
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(2011, 10). International Business Environment. StudyMode.com. Retrieved 10, 2011, from http://www.studymode.com/essays/International-Business-Environment-819797.html
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"International Business Environment." StudyMode.com. 10, 2011. Accessed 10, 2011. http://www.studymode.com/essays/International-Business-Environment-819797.html.