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Global business has been a great boost to many multinational corporations


Trade has enabled the MNCs to expand both in production and also in sales. Global business has reduced operational costs, increased market shares and also enhanced competition. Firms are attracted to engaging in global business due to factors that are both internal and external. The need to venture into the global market depends on factors such as the company’s financial abilities’,’Global Business Personal Reflection Report’, ‘Building on concepts explored during the course, write a 3-page double-spaced paper, or make a 5 minute video, in response to two questions. You will be assessed on thoughtfulness, thoroughness, and how well your work builds on the content of the course. 1. How have you personally developed during this course? For instance, what has changed or not changed in your beliefs about who you are in the world community? What, if anything, stands out as particularly enhancing your understanding of the world community? What gifts do you feel you will bring to the world community, no matter whether in business or another field of endeavor? What excites you about engagement in the world community, and what challenges might that entail for you? What do you want your contribution to be on the global stage? 2. What are your obligations in our world community? For instance, what are your thoughts on the ethical responsibilities of business managers in the world community? What is your conviction about globalization on balance, why do you believe it is good or bad? What actions, even sacrifices, do you foresee that your beliefs might require of you as a matter of ethical integrity? Hint; now is the time to draw on the intellectual capital you have created for yourself if you have been diligent in your striving to: 1.become conversant with the technical information, broad principles, and philosophical problems presented to you 2.be skeptical of the assertions presented to you, and to evaluate, challenge, and decide about those for yourself. make note of your ideas, likes, and wishes during class times, and to develop those in class discussion 4. refine your beliefs, aspirations, and convictions about your ethical role in a world community.

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