Authors

  • Nigina Artikova
    Higher School of Business and Entrepreneurship under the Cabinet of Ministers Master's student in Global Management

DOI:

https://doi.org/10.71337/inlibrary.uz.ijai.73542

Abstract

This article analyzes how the international business environment is changing in the digital age. It also highlights new trends in international business, changing consumer demands and expectations, and the requirements placed on companies to maintain competitiveness in the digital economy.

 

 

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INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE

ISSN: 2692-5206, Impact Factor: 12,23

American Academic publishers, volume 05, issue 03,2025

Journal:

https://www.academicpublishers.org/journals/index.php/ijai

page 380

CHANGES IN THE INTERNATIONAL BUSINESS ENVIRONMENT

IN THE DIGITAL AGE

Artikova Nigina Mukhtarovna

Higher School of Business and Entrepreneurship under the Cabinet of Ministers

Master's student in Global Management

Annotation:

This article analyzes how the international business environment is changing in the

digital age. It also highlights new trends in international business, changing consumer demands

and expectations, and the requirements placed on companies to maintain competitiveness in the

digital economy.

Keywords:

artificial intelligence, global environment, business, digital technologies, Big data,

business environment, global competition.

At the current stage of our country's development, the process of globalization of the

national economy into the world economy is becoming an objective necessity. Integration

processes between countries and the international division of labor are deepening, investments

are growing rapidly, and the world is turning into a "global system". Transnational companies

play an important role in implementing these processes. International companies make strategic

decisions for the mutual benefit of international diversification of production forces, that is, for

the internal and external environment. The global competitive environment encourages

companies in countries to develop strategies for organizing and managing their participation in

international business.

Doing business on a global scale is fundamentally different from organizing the

management of companies in the domestic environment of the country.

1

When conducting

international business, it is necessary to take into account a deep study of the political, social,

economic and cultural values ​ ​ ​ ​ existing in the countries. Therefore, international

managers are required to create a corporate environment that can respond to the processes taking

place in the conditions of international competition and to formulate clear strategies for the entry

of their organization into the international market.

The more internationalized the business of any country, the more open it becomes to a

global, that is, business service that is completely independent of national affiliation and is

focused only on the economic efficiency of a diverse package of services.

There are a number of mandatory conditions that international business imposes on every

firm seeking to enter it, one of the most important of which is to take into account the factor of

business culture, that is, the sum of the requirements and restrictions that the culture of this

country imposes on all firms doing business in it (or with it). This problem becomes more acute

the more the cultures of the country from which the firm comes and the country in which it

operates differ. The additional benefit (or loss) of the cultural factor depends, of course, on the

organization, situational factors, etc.

1

Nazarova G.G., Salikhova N.M., Mukhamedjanova G.A., Akhmedov I.A., Ismailova N.S. International Management.

/ edited by prof. A. Sh. Bekmurodov (textbook). – T.: TDIU, 2011. p. 191.


background image

INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE

ISSN: 2692-5206, Impact Factor: 12,23

American Academic publishers, volume 05, issue 03,2025

Journal:

https://www.academicpublishers.org/journals/index.php/ijai

page 381

The global nature of international business is a very important aspect that defines it today

2

:

It encompasses (and is encompassed by) the global structure of business information exchange,

the World System, the entire World financial market, the global structure of technological

innovation, etc. Globalization itself harmoniously combines the five characteristics mentioned

above (openness and generality; gradualism of development; technological globalization;

financing; divergent-convergent interactions of the national and international). The final

comparative analysis conducted within its framework now allows us to sufficiently clearly define

and constructively consider the category of “international business management”.

International business management is a specific type of management, the main goals of

which are the formation, development and use of competitive advantages of firms due to the

opportunities for doing business in different countries, as well as the appropriate use of the

economic, social, demographic, cultural and other characteristics of these countries.

The course of business as an activity depends on many factors and conditions both within

the enterprise and outside it. The market environment surrounding any firm has a significant

impact on its competitiveness, stability and security.

Any organization receives resources from the external environment, uses them in its

business processes (internal environment) as endogenous factors of production of products that

are stored and supplied to the external environment. At the current stage of economic

development, each organization operating in the market must manage its competitive advantages.

The competitiveness of an organization can be ensured not only by high product quality or

reasonable price, but also by effective management of the processes taking place in the

organization. The relevance of studying the business environment is that corporate business

processes begin and end in the economic space, of which the company itself is an integral part.

In this regard, there is a need to study the essence of the organization's business environment.

When interpreting the concept of "business environment", many authors (Bayard O. Wheeler,

Arthur M. Weimer, Barry M. Richman, Melvin Copen, A. Busigin, O. Dashkevich, V. F.

Presnyakov) rely on this term and define it as the conditions under which an economic entity

operates.

3

This, in turn, is carried out on the basis of digital educational technologies. Today, digital

transformation has become one of the main driving forces of the global business environment.

Technological progress, innovations such as artificial intelligence, big data (Big Data), cloud

technologies and blockchain are changing traditional business models. Companies are rethinking

their strategies to remain competitive and adapt to market demands.

The modern world is increasingly using digital technologies, including augmented reality.

Digital technologies include data processing and storage systems, algorithms and platforms for

automating company activities.

The Internet and other digital technologies are increasingly penetrating business.

Companies are investing in the development of new technologies. At the end of 2016, Amazon

opened the world's first cashierless store. In 2018, the second such store was opened. This trend

is expanding, and now in academic circles there is increasing talk about changing existing

2

N.Q. Yo’ldoshev, Z.J. Adilova, M.G. Umarkhodjaeva, N.R. Kadirkhodjaeva. International Management. Textbook -

T.: LESSON PRESS, 2018. - 227 pages.

3

Jakе, Kate Persy. Бизнес-среда предприятия: понятие, элементы [Электронный ресурс] / Kate Persy Jakе. –

Режим доступа: https://jkpersyblog.com/biznes-sreda-kompanii-ponyatie-i-faktory. − Дата доступа: 17.03.2017.


background image

INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE

ISSN: 2692-5206, Impact Factor: 12,23

American Academic publishers, volume 05, issue 03,2025

Journal:

https://www.academicpublishers.org/journals/index.php/ijai

page 382

processes in the organization, removing people from the provision, accounting and control

processes. Given the changes taking place in individual business processes, digital

transformation also affects the business model. The first companies operating in a completely

virtual space are emerging. Their business model is associated with statistical data and work with

customers through special software. For example, Airbnb

4

, Uber

5

companies do not have their

own physical resources, they are only developers who provide a virtual platform for the

implementation of their own or partner proposals.

The growing trend of digital transformation is not just another puppet, but a working

system that requires attention. For example, in March 2019, Apple announced its entertainment

service Apple TV +. Key figures in the global media industry, such as Oprah Winfrey and

Steven Spielberg, have already agreed to cooperate with this service. This is a significant event

in the field of entertainment content, which will take the competition between similar services to

a new level. In the future, Disney and Amazon will introduce their own streaming services.

More and more companies are discovering technologies and innovations. Some of them are

ignored, while others are moving in the direction of change, combining old and new approaches.

Perhaps the main achievement of digitalization is not the introduction of new work standards and

new data processing systems, but the ability to understand and quickly respond to changes, to

solve creative tasks.

Digital transformation continues to shape the face of modern business, presenting

companies with new opportunities and challenges. In 2024, we will encounter a number of

promising trends that will determine the dynamics of the industry. Let's look at the main areas

that will have a significant impact on business and IT.

Expanded use of artificial intelligence (AI) The use of artificial intelligence in business

processes is expected to continue to grow in 2024. AI not only automates tasks, but also actively

participates in strategic decision-making. Machine learning is used to analyze large volumes of

data, which helps companies identify trends, predict consumer preferences and optimize

production processes.

Cloud technologies: flexibility and scalability. Cloud solutions play a key role in digital

transformation and provide companies with flexibility, scalability and high availability. In 2024,

more enterprises are expected to switch to cloud services for data storage, application

deployment and security.

The growing role of data and analytics. In the information society, data is becoming a gold

mine for businesses. Data analytics focuses not only on collecting and storing, but also on

extracting valuable information. Business processes are optimized based on analytical insights,

which helps in making more accurate decisions.

Cybersecurity: A constant concern As the volume of digital data increases, attention to

cybersecurity issues is also increasing. In 2024, companies will actively implement advanced

technologies to protect themselves from cyber threats while ensuring the reliability and

confidentiality of their data.

Ecosystem Integration and Collaboration Digital transformation involves deeper

integration and strategic partnerships with external ecosystems. Together, this creates

opportunities for innovation, resource sharing, and increased competitiveness.

4

Корпорация Airnbnb [Электронный ресурс] Режим доступа: www.Airnbnb.com

5

Компания Uber [Электронный ресурс] Режим доступа: www.uber.com


background image

INTERNATIONAL JOURNAL OF ARTIFICIAL INTELLIGENCE

ISSN: 2692-5206, Impact Factor: 12,23

American Academic publishers, volume 05, issue 03,2025

Journal:

https://www.academicpublishers.org/journals/index.php/ijai

page 383

In short, the digital age is fundamentally changing the international business environment.

As a result of technological advances, traditional business models are changing, and companies

are forced to adapt to digital transformation. Global markets are now evolving with the help of

innovations such as artificial intelligence, big data, cloud technologies, and blockchain.

One of the main trends in international business is that companies are offering their

services and products through digital platforms. E-commerce, online payment systems, and

remote work opportunities are expanding. At the same time, consumer demands and expectations

are changing: personalized services, fast processing, and secure transactions are becoming a

priority.

However, digital transformation also poses a number of challenges for international

business. Cyber ​ ​ threats, data privacy and cybersecurity issues are increasing. Rapid

technological development also requires companies to constantly innovate and develop new

strategies.

In the future, the digital economy will develop further, and the digital integration of global

business will increase. To maintain a competitive advantage, companies must invest in

technologies, adapt to new markets and offer services that meet the needs of consumers.

Therefore, companies that adapt to changes in the international business environment and

effectively use digital transformation will succeed in the global market.

LIST OF REFERENCES:

1. Nazarova G.G., Salikhova N.M., Mukhamedjanova G.A., Akhmedov I.A., Ismailova N.S.

International Management. / edited by prof. A. Sh. Bekmurodov (textbook). – T.: TDIU,

2011. p. 191.

2. N.Q. Yo’ldoshev, Z.J. Adilova, M.G. Umarkhodjaeva, N.R. Kadirkhodjaeva. International

Management. Textbook - T.: LESSON PRESS, 2018. - 227 pages.

3. Jakе, Kate Persy. Бизнес-среда предприятия: понятие, элементы [Электронный ресурс]

/ Kate Persy Jakе. – Режим доступа: https://jkpersyblog.com/biznes-sreda-kompanii-

ponyatie-i-faktory. − Дата доступа: 17.03.2017.

4. Корпорация Amazon [Электронный ресурс] Режим доступа: www.amazon.com

Корпорация Amazon [Электронный ресурс] Режим доступа:

www.amazon.com

5. Корпорация Airnbnb [Электронный ресурс] Режим доступа:

www.Airnbnb.com

6. Компания Uber [Электронный ресурс] Режим доступа: www.uber.com

References

Nazarova G.G., Salikhova N.M., Mukhamedjanova G.A., Akhmedov I.A., Ismailova N.S. International Management. / edited by prof. A. Sh. Bekmurodov (textbook). – T.: TDIU, 2011. p. 191.

N.Q. Yo’ldoshev, Z.J. Adilova, M.G. Umarkhodjaeva, N.R. Kadirkhodjaeva. International Management. Textbook - T.: LESSON PRESS, 2018. - 227 pages.

Jakе, Kate Persy. Бизнес-среда предприятия: понятие, элементы [Электронный ресурс] / Kate Persy Jakе. – Режим доступа: https://jkpersyblog.com/biznes-sreda-kompanii-ponyatie-i-faktory. − Дата доступа: 17.03.2017.

Корпорация Amazon [Электронный ресурс] Режим доступа: www.amazon.com Корпорация Amazon [Электронный ресурс] Режим доступа: www.amazon.com

Корпорация Airnbnb [Электронный ресурс] Режим доступа: www.Airnbnb.com

Компания Uber [Электронный ресурс] Режим доступа: www.uber.com