International business

A global company is a firm that has a substantial portion of its productive or distributive apparatus in countries outside of where its home base is located. Therefore, the global firm is not only inseparable from globalization, but is the dominant actor and catalyst for globalization (Harris, pp. 15). Globalized firms become governments in themselves as they spread their assets and productive capacity worldwide.

Pros of Global entrepreneur

?One of the central arguments in favor of globalization and the global firm is efficiency. Firms go global to reach new markets, take advantage of cheaper labor and to be near sources of ...