New trends impacting global business

Globalization is an international market approach so that organizations can scale up their operations. The global mindset helps organizations to further spread their business across countries using economy of scale. Globalization has changed the way business operates and is influenced by trends like business agility that help organization to manage business in multiple markets. FDI (Foreign Direct Investment) is an emerging trend that is helping MNCs to establish business in host country and able to adopt globalization. The economy of scale is another trend that is making cost of product down and companies are able to well manage the prevailing competition. The innovation and technology has also enabled Globalization since internet, better connectivity and advanced technology and helped business to simplify operations at global level. The outsourcing is another trend that has helped business to reduce overall cost of operations through back office outsourcing and able to well manage Globalization.