ASSIGNMENT # 1 .docx

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Assignment # 1 : 10 Items --- Please read Chapter 1 and review Chapter 01 Powerpoint slides from Blackboard before attempting Assignment # 1. Feel free to cite PPT# to support your responses (for instance, see CH 1 PPT #31) Attach your answers in “text format” (when done, save it as TEXT) and post on the Blackboard under Assignment #1 ( DUE DATE -- September 7, Wednesday 11.59 pm ) 1. Discuss the conditions that have led to the development of global markets. The increase in the number of foreign companies building and manufacturing plants. Many organizations in United States are giving the contract of their buildings to foreign organizations like Emaar Pvt. Ltd. Emaar Properties is a real estate development company located in the United Arab Emirates . The company operates internationally providing property development and management services. With six business segments and 60 active companies, Emaar has a collective presence in 36 markets across the Middle East, North Africa, Pan-Asia, Europe and North America. By looking into such reputation of Emaar, many big organizations are giving their contracts for the head office building to them. This generates revenue and helps in creating the global market for Emaar Pvt. Ltd. Increase in the number of companies controlled by citizens outside the country (PPT #13) Difficulty of domestic market to sustain the customer rates of growth Rapid increase in globalization. There is a huge increase in the rate of globalization.
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