Question

Well-develop explanation:

1. Conclusion about International Business.

Answer 1

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International business is the working of a company that has its foot in a lot of different countries, supporting the factor of globalization. A lot of companies, that are well developed in their own country of origin have failed miserably to effectively form a business in another country to a point that the company's home business has also been disrupted, while some companies have successfully implemented a working model of a business in several different countries.

Most companies lack one of many things that are necessary for the realization of an international business strategy. It could be things like financial strategy, market entry mode, country's trade laws and presence of a healthy market with active competition that drives it. Even one out of any of this factor can cause a company to lose business in a foreign country and cause the business to collapse.

Co. Panties that har successfully developed businesses globally have acknowledged the fact that the factors that affect how a business operates in a foreign country try can be both unpredictable and/or rewarding. It depends on how a company utilizes their resource, experience and capital and the choices they make which enable them. To be able to successfully create a business. An example of a successful international business can be considered to be McDonald's and Walmart which has a reach in a number of different countries spanning different continents while at the same time, Walmart has failed in a lot. Of different countries too like Germany and Korea due to the miscalculation sand decisions in the business processes.