Posted: October 13th, 2022
How do you think this globalization trend will continue to unfold in the next 15 years?
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The globalization of the world economy has rapidly increased in the past 15 years (see p. 355-358 in our text), particularly as advances in communication technology have been made. However, some recent events (like Brexit, and the recent war in Ukraine), have led some companies to reconsider their globalization strategy. How do you think this globalization trend will continue to unfold in the next 15 years? Do you think that the effects will vary by industry (or classes of industry – like service versus manufacturing)? Can you think of an industry that will likely benefit from this trend or be adversely affected by it? Take a look into your crystal ball and let the class know what you think! Aftbcier all, this will affect your career…
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