What is going on in the world Find a current event (within last six months and is not related to Covid 19) business related Please include a link to the article and thorough explanation of why it is relevant, what business concepts it is demonstrates, and the significance of the news This is NOT a summary of the news this is where you practice and demonstrate critical thinking You only need to thoroughly and thoughtfully address one of the concepts The topics covered this week were Value Chain Firms value chain Outsourcing Industry value chain Vertical integration, Horizontal integration Strategic Alliances Strategic alliances equity and nonequity alliances Risks of alliances Mergers and Acquisitions Acquisitions, takeovers, mergers, and acquisition strategy Basic reasons that firms complete acquisitions LBOS, downsizing, downscoping International Dominant international strategies Global, multidomestic, transnational Basic contractual modes for entering international markets

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Question: What is going on in the world? Find a current event (within last six months and is not related to Covid-19) business related . Please

What is going on in the world? Find a current event (within last six months and is not related to Covid-19) business related. Please include a link to the article and thorough explanation of why it is relevant, what business concepts it is demonstrates, and the significance of the news. This is NOT a summary of the news; this is where you practice and demonstrate critical thinking. You only need to thoroughly and thoughtfully address one of the concepts. The topics covered this week were:

Value Chain

- Firms value chain
- Outsourcing
- Industry value chain
- Vertical integration, Horizontal integration

Strategic Alliances

- Strategic alliances
- equity and nonequity alliances.
- Risks of alliances

Mergers and Acquisitions

- Acquisitions, takeovers, mergers, and acquisition strategy.
- Basic reasons that firms complete acquisitions.
- LBOS, downsizing, downscoping

International

Dominant international strategies: Global, multidomestic, transnational
Basic contractual modes for entering international markets

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