ENTREPRENEURSHIP

Detailed explanation-1: -In a global world, customers are no longer limited to the businesses within their country’s borders. Entrepreneurs can take advantage of this interconnectedness to expand their products and services to an entirely new audience beyond their home country.

Detailed explanation-2: -Global entrepreneurship Global entrepreneurs are those who seek out and conduct new and innovative business activities like exporting, licensing, opening a new sales office, or acquiring another venture across national borders. And global entrepreneurship refers to entrepreneurship done on a worldwide basis.

Detailed explanation-3: -Some of the identified challenges for businesses and entrepreneurship includes keeping up with the current trends in business, global market competition, economic issues, information and communication technology (ICT) challenges, the current global health crisis, and other business-related issues.

Detailed explanation-4: -Globalization and Born Globals. Three factors that drive international entrepreneurship. Rapidly Evolving Global Markets. Communication and Transportation. Network Forms of Organization. Global Opportunities for Value Creation. Success Factors. The Challenge and Opportunity of International Entrepreneurship.