This presentation discusses why businesses should prepare for global competition. It gives four main reasons: 1) The rise of technologies like the internet and social media have connected people worldwide and changed how business is done. 2) Mobility has allowed people to communicate freely anywhere. 3) Companies must adapt to changes or risk failure. 4) The global marketplace provides opportunities for growth beyond local or national markets. It provides five tips for competing globally: know your strengths, have a clear plan, differentiate your product or service, understand customers' needs, and think innovatively.