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Managing Global Environment

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- Outline the different global environmental factors that impact global business
- Complete the Management in Practice Experimental Exercise (Rate Your Global Management Potential) and discuss the possible steps you could take to better prepare yourself.
- Which of these environments presents the greatest challenges for global businesses? Explain your rationale.
- Analyze why it is necessary to conduct cross-cultural training.

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This solution helps with a problem regarding global environment.

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1) One global environmental factor that impacts global business, are the political environments within the nations in which you are doing business, due to the fact that these political factors can determine the legal parameters within which a business has to function and perform. Another global environmental factor that impacts global business, are the cultural environments in which global businesses must function. This environmental factor impacts global businesses significantly, due to the fact ...

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