An Investigation into Rethinking Business Strategies and Opportunities in a Deglobalizing World- Empirical Model

Abstract

The phenomenon of deglobalization has started to alter the dynamics of global commerce and industry in an era of unparalleled connectedness. In-depth analysis of the effects of deglobalization on company strategy is provided in this study paper, along with suggestions for enterprises adapting to the new environment. This research analyzes data from several worldwide firms and develops conclusions from their tactical adjustments to a deglobalizing environment using a blend of quantitative and qualitative approaches. According to preliminary findings, deglobalization not only poses difficulties for companies that depend heavily on global supply chains but also creates opportunities for specialized market research, localized strategy, and innovative product and service delivery. Businesses may use the empirical prototype created here as a base to negotiate the challenges of a deglobalizing economy and to reorient their strategy to take advantage of new possibilities.