Reference no: EM133903005

Global Systems

Instructions

Please explain the global economic, political, and legal systems, as well as their implications in the development of business in countries such as the United States and China. Answer the following premises in the same structure below:

1) From the perspective of globalization, describe the evolution and growth of international business over the last 10 years.

2) Explain the elements of globalization associated with economics, politics, and culture. Support your answer with examples of companies or products.

3) How can the exponential growth of the Amazon company help to understand the concept of globalization?

4) Differentiate local or domestic businesses from international businesses.

5) Compare the way of doing business in the United States and China from the perspective of the economic, political, and judicial systems. In answering the question, you must explain the different global systems discussed in the course.

6) Explain the role played by the United Nations (UN) in international law applicable to the economic and commercial development of companies and countries.

7) How might knowledge of different global systems help in management and in developing successful business strategies?