The retreat of the global company.docx

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The retreat of the global company In the retreat of the global company, the article focuses on global firms where over 30% of their sales come from outside their home region. The article also highlights how these global firms that are considered to be  “the apex predator of the global economy” have shaped the ecosystem, directed the flows of goods,  services and capital, and orchestrated supply chain. However, for the past three decades, these big firms  have been in trouble because as stated in the article, “the world is losing its taste for global businesses."   The weakness of other currencies against the dollar is part of the story but there was much more to the  significant drop in profits. The article states that after the financial crisis, “Multinational firms started to be  seen as agents of inequality.” "Though multinationals account for only 2% of the world’s jobs, they own or 
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