Issues in Global Business is a single-volume reference that offers relevant perspectives and explains impacts of current events such as COVID-19, Brexit, and immigration across industries and regions. Topics covered include the on-demand economy, global manufacturing, Bitcoin, data security, and more. Coupled with a comprehensive overview of the business landscape around the world by Dr. Mamoun Benmamoun, an assistant professor at the Boeing Institute of International Business at Saint Louis University, this book provides students with the essential information they need to assess business practices through an international lens.
Chapter : Introduction: The State of Global Business
Introduction: The State of Global Business
Boeing Institute of International Business
Saint Louis University
Richard A. Chaifetz School of Business
The latest trends in the global business environment are altering the pattern of international trade and investment. Businesses are dealing with myriad new disruptive trends that present both opportunities and considerable risks. The severe crisis caused by the COVID-19 pandemic, the political shift toward economic nationalism, the deepening of China’s economic slowdown, the evolving role of disruptive technologies and automation, Brexit, and other economic, social, and political trends have prompted firms to rethink their business strategies. They must manage these trends effectively to exploit opportunities and mitigate risks.
COVID-19 Pandemic: Implications for International Business
While the economic impact ...