The Role Of The Born Global Firms In International Business Assignment

The Role Of The Born Global Firms In International Business - Assignment Example b) Globalization and born global businesses are highly related to each other. One is the cause of the emergence of the other. Both the emerging globalization and the born-global businesses share some common issues with each other. Here, the issues found in the article have been briefly discussed.ïÆ'Ëœ Trade barriers are totally removed from most of the European economies of western countries. There each of the companies from domestic to international all of them competes with each other according to their potentiality.ïÆ'Ëœ The emerging industrialization, as well as modernization, caused globalization in the eastern economies like India, China. This indirectly helps the born global firms of the European countries to get a global market for performing their business.ïÆ'Ëœ It has also been observed nowadays, that the regional integration like NAFTA and the European Union has massively increased, which made easy for a born global firm to expand its business internationally (Case 1).à ¯Æ'Ëœ The growing integration in the global financial market has made the born global businesses more effective in the emerging economies. When the European countries would suffer from the debt crisis, the born global firms of those countries were much concerned to expand their business initially in the developing economies so that they can give potential threat to their American rival in the global financial market.Q.2. The smuggling business is growing rapidly among the spiritual Syrian people