Several factors drive the growth of global business: - Technological Advancements: Innovations in communication, transportation, and information technology facilitate international trade and investment. - Trade Agreements: Regional and global trade agreements reduce tariffs and barriers, making it easier for companies to operate internationally. - Economic Policies: Globalization-friendly policies adopted by governments encourage foreign direct investment (FDI). - Consumer Demand: Increasing consumer demand for foreign goods and services propels companies to expand globally.