Ch 3: Considerations for a Global Company

About This Chapter

The act of globalizing your company can be a beneficial, yet complex process. The short video lessons in this chapter can help your company leaders explore the considerations they'll need to be aware of as they push your organization toward globalization.

Considerations for a Global Company - Chapter Summary

When deciding whether to globalize a company, it's important for your leaders to understand issues they could face along the way. The short video lessons in this chapter discuss factors they'll need to consider before initiating the globalization process. Leaders will learn about the following:

  • How globalization impacts countries at various stages of development
  • The role of politics in international business
  • The ways businesses can collaborate with governments to address global issues
  • Legal complications you might encounter as you conduct international business

Comprehensive video lessons examine the specific considerations your company leaders can make as they prepare for globalization. Self-assessment quizzes and a chapter exam can help them review these topics. Use the chapter exam to gauge your employees' understanding of the important political and legal considerations for globalizing your business.

How It Helps

  • Creates awareness: It's important for corporate leaders to understand how the act of globalization affects other countries and how their business will be impacted.
  • Offers guidance: The lessons guide corporate leaders through key considerations to help them determine if globalization is right for your company.
  • Emphasizes collaboration: As your corporate leaders discuss international expansion, they can determine how to best manage interactions with various governments and navigate their politics.
  • Aids in prevention: Corporate leaders can use the lessons to prevent legal, government and political issues that could crop up during the act of globalization.

Skills Covered

By the end of this chapter, corporate leaders will be able to:

  • Understand the impact globalization could have on their choice countries of expansion
  • Describe the political environment they could face during the act of globalization
  • Outline how they can effectively collaborate with governments of the countries to which they'd like to expand
  • Explain the legal complications they could encounter when conducting international business

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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Other Chapters

Other chapters within the Assessing Globalization Opportunities for a Business course

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