Today in Global Small Business: Why Study Global Business?

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What's affecting me, my clients, my colleagues and other global small business owners:

• Why study global business?  Five benefits to consider.
• Why developing a global strategy is important.
• Quote of the week:  "We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the world's people share the benefits of globalization." – Kofi Annan
• An excerpt from Euromonitor’s Q4 economic forecast 2022.
• How Alibaba, Amazon, and Mercado Libre compare in the global marketplace.
• While a significant downturn is forecast for 2023, the labor market remains strong and consumer spend elevated — suggesting that any recession hitting the U.S. will be mild.