Describe five global trends that will have the greatest impact on future business.
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Describe five global trends that will have the greatest impact on future business.
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- How does globalization affect the business environment, and what challenges and opportunities does it present for businesses operating in different regions of the world?List and describe the key factors that form part of the Global Attainment ApproachWhat is global business environment? Discuss its importance
- Regardless of the type or size of a business, there is a close and continuous interactionbetween the business and its environment. Consequently, each business firm has toexist, survive and grow in relation to the various forces of the business environment.Select and approach any business entity of your choice in Africa and critically identify andanalyse with examples both the internal and external business environment forces.In your opinion, what are some of the most effective strategies for achieving sustainable competitive advantage in a global industry/market segment? Why do you think these strategies are effective? Are there any examples of companies that have successfully achieved sustainable competitive advantage in a global industry/market segment? What can we learn from these companies? How can companies stay up-to-date with the latest trends and developments in a global industry/market segment? What are some strategies for staying ahead of the competition?How does globalization impact the business environment? Discuss both its advantages and challenges for businesses