Question

“The study of international business is fine if you are going to work in a large...

“The study of international business is fine if you are going to work in a large multinational enterprise, but it has to relevance for individuals who are going to work in small firms” Evaluate this statement

I am debating if I agree or disagree with this statement after discussing this with classmates. Trying to get a different point of view.

Thank you

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Answer #1

Answer - No , I disagree with the given statement. International business studies are not only confined to the multinational corporations and the employees working there. Each and every business works in a very dynamic environment where the conditions are very uncertain and full of risk. Every level of business has to keep an eye on the external environment since its ignorance can deeply affect the business. The study of the international business gives a wider view of the dynamic nature , the possible risks and their solutions. Hence whether the business is small or large , domestic or international , the study can be carried on by anyone and gain benefits .

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