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Q Review " The global company’s Challenge, McKinsey Reports, 2012 (in Blackboard under Supplemental Reading)e Class Notes) and • Briefly summarize the article • Offer your opinions and comments • Discuss relevance to this week’s topics Article Link: https://www.mckinsey.com/business-functions/organization/our-insights/the-global-companys-challenge

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Global organizations management has been a challenge for business for centuries. But the task nature is changing with economic activity shift accelerating from North America and Europe to markets in Latin America, Asia, and Africa. It has been suggested by the research of McKinsey Global Institute global growth of around 40% will be generated by over the coming 15 years by emerging-market cities that are midsize of about 400 in number. Many among these were not familiar in the West. It has been confirmed by the International Monetary Fund that during the years ten economies that are fastest-growing will be in markets that are emerging.