The effects in global economic concern definitely have some affects on the operating environment of local businesses too
Explanation:
The operational environment of a business depends upon political, social, legislative, economic, cultural and natural environmental factors of both domestic country and foreign countries that significantly affect the implementation of any cooperation.
The truth is the changes in globalization often point to its negative or positive effects on local communities/ businesses, The effects in global economic concern could be have affects on the operating environment of local businesses too .,
Example
The spread of Corona virus attack starts from china affects so many countries., even it's a disease.,not only affects the health but also crucially affects the business
