International Business Tactics

Approaches in Global Exchanges

Arjun Patel

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English

Self
08 January 2024

Behavioural economics; Company, commercial & competition law

Summary
Details

Global Business: Definition and Key Concepts

What is Global Business?

Global business is the flow of goods, services, and investments between countries. It is conducted through the establishment and maintenance of business relationships between different countries. Global business is a powerful force that can influence a country's economy.

Key Concepts of Global Business

Here are some key concepts of global business:

- International Trade: This is trade that occurs between two or more countries.

- Globalization: This is the growth of relationships between countries around the world.

- Economic Integration: This is the growth of the flow of goods, services, and investments between countries.

Benefits of Global Business

Global business has many benefits, including:

- Economic Growth: Global business can help to increase productivity and promote economic growth.

- Job Creation: Global business can help to create new jobs.

- Competitiveness: Global business can help companies to become more competitive.

Drawbacks of Global Business

Global business also has some drawbacks, including:

- Economic Inequality: Global business can benefit developed countries more than developing countries.

- Environmental Impact: Global business can have a negative impact on the environment.

- Social Impact: Global business can have a negative impact on society.

By: Arjun Patel
Imprint: Self
Dimensions: Height: 229mm, Width: 152mm, Spine: 4mm
Weight: 113g
ISBN: 9798869128096
Pages: 76
Publication Date: 08 January 2024
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active