In this world, global culture serves as an important part of human interaction and understanding. This means businesses must consider factors such as beliefs, values, and cultural dynamics. In a global marketplace, the management of change requests is crucial. It emphasizes the importance of adaptability and cross-cultural competence to achieve success. For this assignment, you will explore emerging trends in the global marketplace.
answer the following questions:
- What factors might affect the successful implementation of a multinational company’s global strategy?
- What elements of society (e.g., beliefs and values) are crucial for businesses to develop a global organizational culture?
- Why is it vital for multinational companies to effectively manage change?
- What strategic insights can be gleaned from analyzing emerging trends in the global marketplace?
Include a minimum of 3 references and corresponding citations in your Individual Project each week.