The report takes into account the aspect of global governance and connected the concept with business world. Global Governance refers to a movement towards political cooperation between various actors across the world, mainly aimed to tackle responses to problems which affect more than one state or region. In today's generation, one of the most important things to consider for businesses, which are going global, is to comply with the rules, regulations and laws applicable in different countries abide by their directives. Governing things globally is regarded as an international process of coming to a common consensus which generates guidelines and agreements that has affect on national governments and international corporations. Businesses are increasingly becoming a global affair and the significance of governance has increased manifolds.