Read the “OD Application: The World of Business” case on pages 150-151 of our textbook. Write a brief paper summarizing the case and that addresses the following questions:
1. Why is it important for a business to understand globalization?
2. Do you think globalization is something that a business of any size can ignore? Support your position.
Research Fortune’s “Global 500” list of companies to see how trend lines are developing. The Web site is http://money.cnn.com/. Search for “global 500 list” or something similar.