MBA IN SIMPLE WORDS

The impact of globalization on modern businesses

INCREASED COMPETITION

#1

Globalization has led to increased competition from businesses around the world.

ACCESS TO NEW MARKETS

#2

Globalization has opened up new markets for businesses to sell their products and services.

SUPPLY CHAIN DISRUPTIONS

#3

Globalization has made supply chains more complex, leading to potential disruptions and challenges.

CULTURAL CONSIDERATIONS

#4

Doing business globally requires an understanding of different cultural norms and values.

OUTSOURCING OPPRTUNITIES

#5

Globalization has led to opportunities for businesses to outsource certain tasks or functions to other countries.

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