Ch 12: Changes in the Global Marketplace

About This Chapter

The lessons in this chapter are designed to teach you about changes in the global marketplace. The interactive study aids we provide make your learning experience more enjoyable.

Changes in the Global Marketplace - Chapter Summary and Learning Objectives

Businesses that haven't incorporated a global awareness cost themselves money in lost sales and excessive production expenses. The lessons in this chapter will teach you about changes in the global marketplace that you'll need know about to be able to compete. Lessons are short videos with a quiz at the end for assessing your understanding of the materials. It is easy to review anything you didn't get the first time by referring to the video transcript or making use of the video timeline tool that allows you to replay any section of the video. When you have completed these lessons, you will know:

  • Ongoing changes in the global marketplace
  • How the global marketplace functions
  • Decision making approaches for a global business to choose from
  • How worldwide changes are affecting globalization in business
  • Impact of international business trends on expatriation

Lesson Objective
The Changing Landscape of the Global Market Consider the dynamic global market and its opportunities.
The Global Marketplace: Definition & Overview Evaluate where we are with global markets and how developed they are.
Decision-Making in a Global Business Analyze the business strategy of business-as-usual versus a proactive approach to developing a global market.
How Worldwide Change Affects Globalization in Business Focus on the dynamics of worldwide changes and globalization.
Trends & Impact of Expatriation on International Business Appraise the role of the expatriate in today's international business.

5 Lessons in Chapter 12: Changes in the Global Marketplace
Test your knowledge with a 30-question chapter practice test
The Changing Landscape of the Global Market

1. The Changing Landscape of the Global Market

The global market is still developing, and a market that is developing is dynamic. The constant change offers opportunities and presents risks to countries and their domestic industries. In this lesson, you'll learn about some of these risks and opportunities.

The Global Marketplace: Definition & Overview

2. The Global Marketplace: Definition & Overview

We have been on the fast track to a global market, but are we there yet? In this lesson, we will define global market and discuss some of its key concepts. A short quiz follows the lesson.

Decision-Making in a Global Business

3. Decision-Making in a Global Business

In this lesson, we explore decision-making in a global business environment, and look at executives as proactive or reactive. They can be aggressive with decision-making or stay passive with decision-making.

How Worldwide Change Affects Globalization in Business

4. How Worldwide Change Affects Globalization in Business

In this lesson, we'll explore globalization with definitions and examples. We'll also analyze how global change relates to and affects globalization in business.

Trends & Impact of Expatriation on International Business

5. Trends & Impact of Expatriation on International Business

In this lesson we address trends impacting expatriates, those who reside and work in a foreign country. We look at the effects on individuals and companies and highlight the different categories of expatriates, including traditional, shot-term, commuter, and appointee.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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