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Globalization of Business

It has been widely lauded that the globalization of business has had a tremendous impact on businesses throughout the world. 1. How has the dynamics of doing business changed since the world has become more globalized? What has changed in the way we now conduct business as a result of globalization? 2. Do firms really have a choice when it comes to globalization? Or, is doing business on an international level a requirement for all businesses? 3. What impact does globalization have on firms that voluntarily and consciously choose not to engage in international business? 4. How does the neo-classical economic paradigm fit with the new globalization business model?

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