{"id":254,"date":"2015-04-21T16:30:09","date_gmt":"2015-04-21T16:30:09","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=chapter&p=254"},"modified":"2015-07-11T23:02:11","modified_gmt":"2015-07-11T23:02:11","slug":"globalization-and-international-business","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/chapter\/globalization-and-international-business\/","title":{"raw":"Outcome: Globalization and International Business","rendered":"Outcome: Globalization and International Business"},"content":{"raw":"

What you\u2019ll learn to do: define globalization in the context of international business operations<\/h2>\r\nThe globalization of business is bound to affect you. Not only will you buy products manufactured overseas, but it\u2019s highly likely that you\u2019ll meet and work with individuals from various countries and cultures as customers, suppliers, colleagues, employees, or employers. The bottom line is that the globalization of world commerce has an impact on all of us. Therefore, it makes sense to learn more about how globalization works.\r\n\r\nNever before has business spanned the globe the way it does today. But why is international business important? Why do companies and nations engage in international trade? What strategies do they employ in the global marketplace? What challenges do companies face when they do business overseas? How do governments and international agencies promote and regulate international trade? Is the globalization of business a good thing? What career opportunities are there for you in global business? How should you prepare yourself to take advantage of them? These are the questions that we\u2019ll be addressing in this module.\r\n

LEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n