Answered You can hire a professional tutor to get the answer.
Need an argumentative essay on European and international business. Needs to be 8 pages. Please no plagiarism.Globalization has accelerated in recent years, a development that have significant implica
Need an argumentative essay on European and international business. Needs to be 8 pages. Please no plagiarism.
Globalization has accelerated in recent years, a development that have significant implications for the regulation and governance of international business, trade and investment. International business implies no fundamental shift in the underlying principles of trading or business functions but simply more cross – border transactions .In simpler terms it includes all commercial transactions – private and governmental – between two or more countries. Private companies undertake such transactions for profit. governments may or may not do the same in their transactions International Business comprises a large and growing portion of the world’s total business. The world have seen a tremendous increase in the global transactions and foreign trade in the recent years. The main reason behind this is that now more and more countries are getting engaged in trading with each other in order to increase their profit or sales or protecting them from being eroded by competition. The main objectives which are influencing the companies to engage in international business are expansion of sales, acquiring resources, minimizing competitive risk and diversification of sources of sales and supplies (Johnson &. Turner, 2003). Besides these there are few other factors like economic factors, cultural factors, technological factors, and social factors which have influenced to a greater extent.Reasons for recent international business growth:-It’s hard to determine just how much international business has occurred at different
times in history.
