globalization in business

Today, after decades of expanding opportunity to all citizens, institutions are applying the lessons
learned, to the task of meeting the new and growing needs of business, as well as of the larger society.
The term diversity is embracing an international as well as multicultural perspective. The positive benefits
that can be recognized from this diversity are significant to today’s executives, corporations, and higher
education. Commercial success in the future will depend, even more than it does today, on men and
women who take leadership roles in an increasingly global economy. The intensity of today’s global
economy challenges corporate executives to compete successfully with anybody, anywhere, and at
any time. Which brings about the reason for this paper, which will include some advantages and
disadvantages of global management. Even if someone does not want to specialize in international
management, there are some important advantag...