Global Business Environment : Industry 5.0 and Beyond

This book discusses the shifting paradigms in global business environment from the Fourth Industrial Revolution (Industry 4.0) to the Fifth Industrial Revolution (Industry 5.0). It captures the current shifts in the global environment for business caused mainly by the disruptive nature of rapid technological advancements and the consequences of globalisation, which impact political, social and economic changes. Divided into six sections—Political, Economic, Socio-Cultural, Technological, Ethical & Environmental, this book attempts to build perspectives on current trends sweeping globally across political, technological, socio-cultural and economic landscapes. Furnished with up-to-date examples and case studies, it presents an exhaustive yet lucid view of current socio-economic realities, the latest technological advancements, political undercurrents, and the issues and challenges confronting organisations and institutions both globally and locally. It is a compelling narrative based on ongoing years of deep research, cases, theoretical frameworks and insights that can help navigate what seems like an unimaginable future. This book will be useful to students, researchers and teachers of management, economics, liberal arts and related social sciences disciplines. It will also be a useful reference for those studying Public Policy and Law.