Ch 17: Global Business Environment Overview

About This Chapter

Review the global business environment with this comprehensive business chapter. Containing short lessons and interactive quizzes, the chapter is a great option for anyone who needs to prepare for a test or improve their overall understanding of the global business environment.

Global Business Environment Overview - Chapter Summary

This series of bite-sized video lessons explores fundamental concepts regarding the global business environment. Follow along with our expert business instructors to review the process of globalization, international company management, regional integration, the ethics of international business and much more. To help you remember the most important terms and concepts from the chapter, we've included lesson-specific quizzes and a chapter exam. The chapter can be studied on any computer or mobile device, or you can print the accompanying lesson transcripts to study offline. When you're finished, you should be able to:

  • Identify the major drivers and institutions that have shaped globalization
  • Outline the process of business globalization and internationalization
  • Describe the operating environment of international companies
  • Assess the benefits and costs that are involved with the globalization of a business
  • Evaluate government-business relations
  • Understand how international companies are managed
  • Compare a global business' political and economic systems
  • Define the concept of regional integration
  • Analyze ethical issues pertaining to international business

9 Lessons in Chapter 17: Global Business Environment Overview
Test your knowledge with a 30-question chapter practice test
Major Drivers of Globalization & Institutions that Shaped the Process

1. Major Drivers of Globalization & Institutions that Shaped the Process

Technological progression and changes in institutions across the world are major drivers that shape globalization. Learn more about globalization, the key factors leading to the proliferation of globalization and the three international institutions that impact these processes.

Internationalization & Globalization of Businesses

2. Internationalization & Globalization of Businesses

To increase opportunities for expansion, many businesses participate in the international market. Explore the internationalization and globalization of businesses and explore various methods companies use to do operate in the world markets.

International Companies' Operating Environments

3. International Companies' Operating Environments

There are three major environments which international companies operate in: domestic, foreign, and international. Learn more about these three operating environments and evaluate the challenges and benefits of each type.

Benefits & Costs of the Globalization of Business

4. Benefits & Costs of the Globalization of Business

The phenomenon of globalization is the integration of countries, companies, and economies across the globe that affects each others production of goods and services. Learn more about the benefits and costs of globalization in the world of business.

Government-Business Relations in Global Business

5. Government-Business Relations in Global Business

Government-business relations within global business have a major impact on how international businesses create public policy. Learn more about government-business relations, including fiscal, monetary, economic, and social services policies.

Managing in International Companies

6. Managing in International Companies

To ensure the greatest success, managers of international companies must consider the various aspects of each market in which their companies operate. Explore the main five factors of managing in international companies.

Political & Economic Systems in Global Business

7. Political & Economic Systems in Global Business

Political and economic systems in global business can affect the world's international, financial, and commercial landscapes and are a necessity to be studied in business research. Learn more about political and economic systems in global business and define major economic systems.

Regional Integration: Definition, Influence & Purpose

8. Regional Integration: Definition, Influence & Purpose

Formal trade agreements developed through regional integration are a vital feature of international trade. Learn the definition of regional integration and discover its purpose and influences on the decision-making of businesses involved in international trade.

Ethical Issues in International Business

9. Ethical Issues in International Business

An international business must tackle ethical issues in order to grow successfully and protect its integrity. Discover more about this concept, including corruption, employment, pollution, and improving global ethics.

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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