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Global Paradox The Bigger the World Economy, the More Powerful its Smallest Players

Global Paradox The Bigger the World Economy, the More Powerful its Smallest Players. By: John Naisbitt Published in 1994. Angela Deng CS 408 – Section 3. “The bigger the world economy, the more powerful its smallest players” Smaller companies are becoming more powerful

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Global Paradox The Bigger the World Economy, the More Powerful its Smallest Players

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  1. Global ParadoxThe Bigger the World Economy, the More Powerful its Smallest Players By: John Naisbitt Published in 1994 Angela Deng CS 408 – Section 3

  2. “The bigger the world economy, the more powerful its smallest players” • Smaller companies are becoming more powerful • Speedier, efficient, and flexible • Smaller players may become more dominant • Will expand if they innovate • Merging and partnerships can be beneficial • Started out as smaller corporations

  3. Increased demand in tourism industry • Predictions for traveling in the future • Diminishing language barriers • International and global businesses • Business travelers take up 50% of industry • Respecting other cultures and legal system • Awareness in sustainability

  4. China’s recent innovations • Cheaper labor • Overpopulation and it’s benefits • Asia and Latin America’s high potential • Decreased expectation for Europe • Luxury products and confidence

  5. How does this apply to class? • How technology and communication has evolved • Global businesses and ethics • Internet and telecommunications Do you recommend this book?

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