Reference no: EM133183681

Question - Multinational Business continues to grow as new global businesses develop, emerging markets, develop, and as existing global environments mature. The acceptance and presence of multinational firms in previously regarded strange climates for business has reached a new evolution peak.

Multinational businesses are changing old perceptions at a hurried pace and are doing away with a number of long-held negative assumptions of financial management in third-world nations. Instead, many firms are in a quest to find new methods that will propel them to the front of the line and become the trend setter, the leader, and the dominant entry that captures market share into new global markets.

Explain the role that the leadership of firms seeking to do business in new global markets should take.

Discuss some of the risks that domestic firms face abroad, which are new to global business.