Read the “OD Application: The World of Business” case on pages 150-151 of our textbook.  Write a brief paper summarizing the case and that addresses the following questions:

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1. Why is it important for a business to understand globalization?

2. Do you think globalization is something that a business of any size can ignore? Support your position.

Research Fortune’s “Global 500” list of companies to see how trend lines are developing. The Web site is Search for “global 500 list” or something similar.

Remember to integrate references from at least two different sources to support all conclusions and recommendations. You may use the textbook as one of the sources/references neede