Trends and Issues in International Planning for Businesses

Abstract

Revolutionary changes in technological advancements have culminated in a hyper integration as well as stiff competitions in various facets of human endeavours. Technology has amalgamated a wide, disconnected, and diverse world with a massive land mass and water into a mere village. The space created is now bigger than the lands, seas, and oceans put together – it is called the cyber space. Trade, a hitherto localized form of exchange of goods and services, and a source of livelihood for human existence, has also metamorphosed into high levels of stiff competitions which have driven business managers to look beyond their domestic local markets for new opportunities even beyond their shores. Communities, on which trade and technologies thrive, have also had their own share of changes in all facets brought about by technological changes. Ages-long cultural practices are now giving way to changes never experienced before. While some cultures have incorporated these changes, others have been swallowed up and therefore gone into extinction.