MGM101H5 Lecture Notes - Lecture 2: Financial Accounting, Business Cycle, Canadian Confederation

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MGM101H5 Full Course Notes
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MGM101H5 Full Course Notes
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Our changing world: the growth of developing economies in asia, eastern europe, the middle east, and. The global marketplace: many small and medium-size businesses are also expanding beyond local, regional, and national borders to become players in the global market. Why so global: companies look to move beyond their domestic markets for a combination of reasons, including: New market opportunities: companies need to recognize that markets do mature and that new opportunities for untapped markets for current and future product/service offerings need to form a core part of the strategic planning process. Organizations will need to look beyond their current countries and markets in an effort to discover and leverage new markets for the products and services they offer. Canadian banks are rapidly investing in new market opportunities in the united states, central and south. Ontario are developing new markets for knowledge-based services in saudi arabia, the.

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