Globalization brought both opportunities and challenges from "summary" of When the Heavens Went on Sale by Ashlee Vance
Globalization has fundamentally altered the way companies operate in the modern world. The interconnectedness of global markets has provided businesses with unprecedented opportunities for growth and expansion. Companies can now access new markets, tap into diverse talent pools, and benefit from economies of scale like never before. This has allowed businesses to reach a larger customer base and increase their profits exponentially. However, along with these opportunities come a myriad of challenges. Globalization has intensified competition in almost every industry, forcing companies to constantly innovate and adapt to stay ahead. The speed at which information and technology can spread across the globe has made it more difficult for businesses to protect their intellectual property and maintain a competitive edge. Additionally, the interconnectedness of global markets means that a crisis in one region can have ...
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