Globalisation and business enterprise Essay Example | Topics and Well Written Essays - 1500 words - 2

internationalisation and seam enterprise - Essay ExampleANZ has on offer a wide range of monetary related products and in addition services. The bank has a global forepart. The bank has branches in Asia, United Kingdom, Europe, the Pacific region, and to a fault in the United States. It is considered as one among initiations 100 largest banking organizations.Global recession is express to be a period of time when global economy slows down considerably. In the recent times, the world economy entered into recession since the year of 2008. Due to crisis occurring because of sub-prime scenario the trade of both goods and pluss decreased throughout the world. Business unit of ammunition related correlation had increased during the sub-prime crisis. Due to this trade of goods as well as GDP sexual congress pecuniary openness also increased. But the needed change in allocation of this goods and trade was not properly correlated with the shifting of the business cycle synchroniza tion. Due to this scenario through out the world the global economic has seen a severe decline and for this reason the worlds financial situation has been touched in almost every sector (Imbs, 2009).ANZ National Bank in New Zealand has an omnipotent presence in the lives of people of the country. It has touched their lives through a wide range of scenario. It is one of the highest profit and asset making companies of the country. They have around 9,000 employees in the bank through out the country. The bank is a financial source for home loans. It also generates Gross Domestic Product (GDP) for the countrys economy. It has associated itself with charitable events and also other events of sponsorship (ANZ National Bank Limited, 2010).In the present day, globalization has changed the way business is done. It has made business organizations to think of global trade and potential of growth in the overseas market. It is considered that global trade has a possibility of changing the stand ard of living of people by improving