Business organisations in a Global Economy
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Business Organizations in a Global EconomyGlobalization of the global economy comes with both merits and demerits. For the case of the business organization, the globalization of the economy has enabled them to venture into new foreign markets to sell goods and services. Therefore, in this modern era, it has become easy for a business to venture into a foreign market without significant hindrance. In the course of venturing in the new foreign markets, a company like Coca-Cola will gain significant benefits such as an increase in the market value, increase in sales volume and substantial increment of the profit margin. Coca-Cola ranks among the group of the largest company in the world. It is one of the few beverage companies that has been ranked by Forbes magazine as a result of posting im...
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