Define globalization and explain how it is creating a borderless world for today’s managers

WRITTEN ASSIGNMENT

After reading Chapter 3 of the text, please answer the following questions, making sure to use college-level writing and using responses that demonstrate your understanding of the concepts. Upload your answers in either Word or PDF format no later than the due date.
  1. Define globalization and explain how it is creating a borderless world for today’s managers.

  • Describe a global mind-set and why it has become imperative for companies operating internationally.
  • Discuss how the international landscape is changing, including the growing power of China, India, and Brazil.
  • Describe the characteristics of a multinational corporation.
  • Explain the bottom of the pyramid concept.
  • Define outsourcing and the three common market entry strategies: exporting, licensing, and direct investing.
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