The economic environment in which a business operates has a great influence upon it in this lesson youll learn about the economic environment. In this lesson well discuss the global economic environment while learning how it can affect international business operations well also take a. The global economy can have a big effect on how your business does because if there isnt much excess cash around its hard to get your hands on it. Definition of economic environment in conversation the concepts of communism and socialism are used interchangeably to refer to the essentially the same economic . The definition of global business environment is multiple sovereign nations outside of the organizations home environment influencing how the organization
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