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  • December 9, 2023
  • Last Update May 7, 2023 10:40 am
  • Hannover

8. SUMMARY-INTERNATIONAL, NATIONAL AND LOCAL ECONOMICS

Creating a long-term global strategy could be a complicated but important task. As is obvious throughout this chapter, no country is an economic island, and also the economy truly is global. A growing number of companies have become true multinational firms, with operating facilities around the world. they need worked out the way to mitigate their risks both politically and economically, but they need also found how events in one nation can reverberate round the world.

As U.S. businesses contemplate and interact in global expansion, there are endless opportunities, but also potential risks. The U.S. market is also attractive to foreign firms. For a company to achieve success in today’s global economy, its owners and stakeholders must look across borders and understand the world community.

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