describe the five general cultural factors leading toward growth in global business and the four specific business factors. describe the interconnection among these factors.

Respuesta :

The major factors leading toward growth in the global business are Global communication and transportation technologies.

Explain global business.

An company that conducts its business operations globally is known as a global business. On the other hand, global business, according to Inc. Magazine, refers to the trade of products and services globally.

A corporation that conducts business throughout the majority of the world's nations is known as a global business or multinational. Although the business may have its main activities and headquarters in one nation, its goods and services are used all over the world. The Coca-Cola Company and Sony Electronics are two examples of international corporations.

One advantage of a worldwide company is that it can employ more people, which successfully aids the government in combating unemployment.

To study more about global business.

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