Capitalism, Cultural geography, Globalization

Businesses have realized the importance of globalization of operations for growth and profitability and have been aggressively strategizing operations for competing on global scale. Democratic governmental institutions and adherence to the rule of international laws are considered essential for successful globalization of operations. While expanded markets, access to talent and other resources and networking are positives for globalization, uncertainties of government policies, especially under competitive politics, are a threat to global investments. Strategies must factor in both the positives and negatives.