In today’s post, I’ll look at the impact of globalization on business.Įxpanding the geographic footprint of your business has always been an expensive and risky proposition – the risks have not gone away, they’ve just shifted. The ability to conduct business internationally is an absolute necessity if you hope to remain competitive in today’s marketplace. However, the days of doing business abroad are no longer a luxury. Conducting business on a global basis has always been of great personal interest to me, and it has also been both a pleasurable and financially rewarding experience. I have traveled to more than 22 countries and have had the opportunity to transact business in various parts of Asia, the Middle East, Canada, Central, and Latin America, Russia, and former Eastern Block countries, India, and the European Community.
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