BSB119 Lecture Notes - Multinational Corporation
Document Summary
The study of global business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms. Globalization is the shift towards a more integrated and interdependent world economy and effects not only large-scale organisations. The statement is incorrect as no matter how large a organization may be, in society today, almost all products and goods are imported from all over the world. It is difficult for small firms to be unaware of what is going on in the economy, as eventually it will affect their business in one way. Those small firms who do not wish to take part in gloablisation are simply placing their firms at a disadvantage. Successful international business managers are often described as possessing a. Knowledge extensive knowledge, ability to learn fast, board perspectives. Reflective able to take on new challenges, aware of surroundings.