Even managers who spend their careers working in the United States still need to be aware of international macro and micro trends. These external factors, mostly outside of a leader's control, may result in opportunities and threats. More recently, China has been on the radar in terms of international business.

The Global Environment

China changed its political posture in $2021.$ Conduct research on the Internet regarding China's posture towards Taiwan and Hong Kong over the last year. Describe what changes have taken place and how you think this might change business ventures in Taiwan, Hong Kong, and U$.$S$.$ companies that were doing business there until recently or are still doing business there.

As a global manager, why is it important that you have a solid understanding of trade alliances and international affairs?

As a U$.$S$.-$based manager not responsible for global business, why is it still important for you to maintain international affairs knowledge?