Global strategic management Research Paper Example | Topics and Well Written Essays - 2500 words

Global strategic management - Research Paper Examplerkets as centres for consumerism and innovation, improvement of productivity in the developed market, expansion of global networks, the issue of sustainability and the strengthening of role of read as a business partner (McKinsey, 2014).The purpose of this paper is to describe these forces in details to see to it their expected outcome on the future of the business. There may be many other forces that slew shape the nature of the business and society in the future. However, this paper only limits itself to the five above mentioned forces as they are expected to create maximum impact on the business activities.Global forces have been set forth as external forces which creates significant which are beyond the control of the business. The global business environment is fill with examples where business enterprises have missed global trends and they have not been able to survive in the long-run. For the weather ten years there has been a massive change in the consumer market. The role of the Western economies curiously the U.S.A. as a dominant centre for consumerism and innovation has fallen. This has been accompanied by an equivalent rise of the appear economies as a centre for consumerism. It has been observed that Asian countries especially India, China, Indonesia, Vietnam and Latin American countries like Brazil, genus Argentina and Chile have made significant progress in terms of overall GDP harvest-feast of the country and the overall level of standard of living (Vlad, et al., 2011). The per capita income of the middle-class people have increased comfortably in these countries. This in turn have raised the purchasing power of the people and boosted consumerism.In an trial-and-error research that has been done by Kharas and Gertz (2010) that in the decade of 80s and early 90s the high income countries of the OECD which had accounted for 80% of the global output and captured majority of the world eco nomic growth rate. It has been estimated that by 2009 the divvy up of the