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Importance of global awareness in business

14/10/2021 muhammad11 Business & Management Masters $15-50 (Short Assignment) 2 Day
REFLECT (SUPPORT, CRITICIZE, EXPAND) ON AT LEAST TWO OTHER STUDENTS INITIAL ANSWERS. Please note the following: You must create a post in order to view other student’s posts in this forum. PERSON ANSWER 1 1) Discuss the three factors necessary to achieve global awareness The main three factors necessary to achieve global awareness are objectivity, tolerance towards cultural differences and knowledge ability. Overall, the globalization of markets are increasing. For example, there are more foreign customers, competitors, suppliers than ever before and competition now comes from both domestic and foreign firms. There are also more foreign-controlled companies in U.S. then ever before. As the world moves towards a globalized economy, global awareness is becoming increasingly important for international corporations. The overall most important characteristic necessary …
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