Laudon & Traver argue that expertise is one of the current business events which have remodeled the activities in most companies. For example, most companies use internet in promoting their services and products. Internet has additionally been used to communicate with clients and this is an opportunity to strengthen the feedback mechanism of a firm. Moreover, most corporations presently contemplate e-commerce method of transaction as that is fast and handy.

Globalization can be a current business event that impacts the business actions. Most corporations such because the Coca-Cola Company have been involved in trade integration by establishing subsidiaries in foreign nations. This process requires an organization to know the legal requirements of the foreign nation. Globalization is among the ways by which most corporations have diversified their economic activities to make sure excessive earnings. President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world’s largest economy and …