Read chapter 4 in book | The Legal and Ethical Environment of Business | and answer the following questions. In 400 words or more..
1 Pick three to five topics, terms, concepts, or subjects that interested you in this chapter.
2 Discuss in detail the chosen topics, terms, concepts or subject areas, to include what you learned and why it interests you.
3 Each topic, term, concept or subject area highlighted should be no less than one paragraph containing four to five sentences.
Please explain each sentences further. Thank you!
1. Planning to expand the business on a worldwide scope. 2. Giving up the distinction between domestic and foreign market and instead developing a global outlook of such business. 3. Locating the production and the physical facilities of the business by considering global business dynamics irrespective of national consideration. 4. Creating product development and production planning on a global market sphere. 5. Global sourcing of the factors of production such as raw materials components, machinery, technology, finance, and others that are obtained from the best source anywhere in the world. 6. Global orientation or organization structure and management culture.
