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Even the worldâs largest and most powerful business organisations are affected by a changing business environment, a point well illustrated by the problems currently being faced by General Motors (GM), the largest car company in the world. 1-Page Academics 21st Century Education The business world changes so rapidly. Author/Editor Walter Antoniotti . Therefore, govern- List the advantages and disadvantages of each form of business organization. Student Centre Just for students! Research has shown that failures in international business relationships most frequently result from an inability to understand and adapt to foreign ways of thinking and acting (Ferraro, 1998). This report was prepared by PricewaterhouseCoopers (PwC) for the specific use of the World Economic Forum and is not to be used, distributed or relied upon by any third party without PwCâs prior written consent. 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