Question

opic for discussion:

"Ultimately the study of international business is no different from the study of domestic business. Thus there is no point in having a separate course on international business"

Evaluate this statement

Answer 1

Answer - The above given statement is not correct. There is a vast difference between the domestic and international business. The domestic environement is a familiar environment unlike the completely different international environment. In the international business , there are more than two government involved , the rules and regulations , category of customers , cultures ,currencies , everything is different from the domestic business. In order to be successful in international business , the separate study is a must.