A Worldwide Business – Why Is Politics So Interfering With Global Business Growth?
The term worldwide has two different meanings. The prefix global is derived from Latin and means “of the outer world”. The prefix global is derived from Greek and means “of the outer space”. The term worldwide thus implies the entire globe.
The second meaning of worldwide is “all things present or existing in the world”. This is inclusive of human activities and occurrences. Thus, it could also mean “all things existing in the universe”. Both of these definitions are grammatically correct, but it would be more accurate to say that the world as a whole is included in the term worldwide.
The world’s political system is another way of thinking globally. All political systems ultimately mean the same thing: the rule of a common law system governed by universal laws. A common law system is a set of rules that are observed throughout the world. Universal laws are abstract principles that do not have a reference to any particular political system. Universal laws therefore are global, and they apply to all people, regardless of their political systems.
Thus, worldwide communication is an aspect of the political system. The Internet is viewed globally, because the Internet can be accessed by anyone anywhere in the world. The postal system can be worldwide, since the postal service is postal. The political systems of the many countries are intrinsically connected to each other through trade, and information is exchanged internationally every day.
International organizations are also political, and they attempt to effect change in political systems and society at large. For instance, the United Nations Security Council is a worldwide organization that is led and governed by political leaders of nations. The United States of America and Russia are two major members of the United Nations Security Council. Therefore, the United States is considered a part of the worldwide organization, while Russia is not.
Worldwide politics is therefore intertwined with the global economy. An economy is considered to be global if it is based on the interaction of the market at large with all nations. Since the Internet has become an integral part of the market, all nations interact with each other via the Internet. Therefore, political systems determine the level of interaction of markets. All this means that politics has a direct effect on the level of globalization.
Therefore, businesses, governments, and individuals have to face the political challenges of globalization. How to deal with political issues that affect the worldwide community of businesses? How to protect companies from political attacks? How to increase the competitiveness of a nation? Those are some of the questions that entrepreneurs must ponder on.
At the same time, many entrepreneurs are finding it difficult to make their mark on the worldwide scene. They are losing customers to other nations because of poor political environments. They may be creating a negative impact on the political system of a nation, which is damaging to its economy. In order to stay ahead of political times, business leaders must have an impact on political decision making. Otherwise, the competition will be crushed. Therefore, having an entrepreneur to help you find solutions is very much necessary.