Question

Is International business is relevant for big companies only?

Is International business is relevant for big companies only?

Homework Answers

Answer #1

The given statement is false and this is because of the fact that international business is applicable to each and every firm or even individual who is having a market abroad for a customer abroadand in this regard it is applicable to even a small manufacturer who exports is products abroad where he has to follow all the rules set up by the World Trade organisation and it is not relevant for just big companies where the big companies might have had huge volume of trade but it is just not applicable to only the big companies on the whole

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In a sentence or two - What is BREXIT? Why is BREXIT relevant for international business?...
In a sentence or two - What is BREXIT? Why is BREXIT relevant for international business? A response of 1 -3 sentences is sufficient, but in your response specifically highlight at least one topic covered in class since our first exam.
Describe a future, major concern for international companies planning to do business in the world’s developing...
Describe a future, major concern for international companies planning to do business in the world’s developing economies. How might the international manager create opportunity out this concern? Refferences
Recommend legal compliances approaches used by companies conducting international business. Which approaches would you use for...
Recommend legal compliances approaches used by companies conducting international business. Which approaches would you use for Fiji?
International business environment When global companies recruit new employees for their overseas operations, what are the...
International business environment When global companies recruit new employees for their overseas operations, what are the different options for staffing policies available to them? Which option do you think works best and why?
Explain why biotech companies are willing to sell their patents to big pharmaceutical companies and why...
Explain why biotech companies are willing to sell their patents to big pharmaceutical companies and why those big companies are willing to purchase the patents. Use a diagram to show the minimum and maximum price of the patent.
International Data Systems' information on revenue and costs is relevant only up to a sales volume...
International Data Systems' information on revenue and costs is relevant only up to a sales volume of 108,000 units. After 108,000 units, the market becomes saturated and the price per unit falls from $20.00 to $11.80. Also, there are cost overruns at a production volume of over 108,000 units, and variable cost per unit goes up from $10.00 to $10.25. Fixed costs remain the same at $58,000. a. Compute operating income at 108,000 units. Operating income    b. Compute operating...
Written Assignment 250 word minimum There are companies leveraging big data. Choose one of the companies...
Written Assignment 250 word minimum There are companies leveraging big data. Choose one of the companies and explain the challenges they faced and the advantages they gained in using big data. Then, find information on a company not mentioned in the text that has used big data, and explain the challenges they faced and the advantages they gained in using it. (Please include a reference to where you found this information.)
What are the basic reasons for the recent growth of international business activity? How has technology...
What are the basic reasons for the recent growth of international business activity? How has technology contributed to the globalization of markets and production? Comment on the following statement: “Ultimately, the study of international business is no different from the study of domestic business." Please introduce a relevant current events story from the news, provide a link to the story, a proper citation and your comments, summary or interpretation of the story and its relevance to our studies this week.
Can you think of companies that have gone out of business because they focused only on...
Can you think of companies that have gone out of business because they focused only on cost and were not able to achieve minimum quality standard? ALL I NEED IS COMPANY NAMES, (more than one please!!)
how the big middle theory operates in business and, benefits and shortfalls of big middle
how the big middle theory operates in business and, benefits and shortfalls of big middle
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT