Discuss the importance of global business
Find an article relating to global business in any national or regional media source published in the past 14 days and comment on its impact on the U.S.
Sample Solution
Global business is becoming increasingly important in today's economy. Globalization has opened up international markets to companies, giving them access to new customers, products, and services that were previously inaccessible or difficult to obtain. Companies are able to make use of cost savings by relocating certain aspects of production abroad due to lower wages and other associated costs. For example, Apple Inc manufactures many of its products in countries like China where labor costs are much lower than the United States. Additionally