Business plan

A Case Study on Globalization and International Trade

Globalization and international trade are one of the biggest contributors to the GDP of any country. In the context of the Samsung multinational company in South Korea, it can be seen that they were contributors of 17% of the total GDP. Consumers across different countries in the world purchase Samsung product. Therefore, the company is able to increase their revenue and that of their country as a result of its globalization activities. Herein is the advantage, disadvantage and impact of globalization on Samsung