BA 3301 Lecture Notes - Lecture 86: Boeing 777, World Trade Organization, Free Trade
Document Summary
Globalisaion is thrusing naion-states towards a more ightly integrated global economy. The nature of internaional business is changing in response to the changing global economy. There are some concerns raised by rapid globalisaion. Three are implicaions of rapid globalisaion for individual managers. A fundamental shit is occuring in the world economy. Globalisaion refers to the shit towards a more integrated and interdependent world economy. The historically distant and separate naional markets are merging into one huge global marketplace in which the tastes and preferences of consumers in diferent naions are beginning to converge on some global norm o o o o o o. Sourcing goods and services from diferent locaions around the globe in an atempt to take advantage of naional diferences in the cost and quality of factors of producion, thereby allowing them to compete more efecively against their rivals. Examples of globalisaion of producion o o o.
