International Business Essay, Research Paper
The Rise of International Business
In today s global arena, international business plays a critical role in the success and longevity of almost all business activity. The growth and expansion of international business has been dramatic in recent years, overtaking that of domestic business. While companies continue to expand sales, acquire resources, diversify sources of sales and supplies and minimize competitive risk, pursing international business has become an essential goal as well. Because international business involves a large and increasing portion of the world s total business, it is important to understand the factors responsible for this expansion.
One factor that can be held responsible for the expansion of international business is the rapid increase in and growth of today s technology. In recent years, the rate of technological advances has accelerated at a remarkable pace (Daniels and Radebaugh 7). Simple things taken for granted today has had a major impact on international business. The evolution and widespread use of the Internet has played a key role in the international business. Imagine life now without such things as email and fax machines. It is amazing how much everyday business activity relies on just those two things. Also, the advances made in transportation greatly impact the expansion of international business activity. Business travelers are now able to fly almost instantly to other countries that proves to help the global relations. Looking at the improved cost of communication, managers are able to better control foreign operations and perform business interactions. Because both transportation and communication play a vital part in the rise of international business, the advances that have been made in these areas greatly impact the international arena.
Another factor responsible for the expansion of international business is the liberalization of governmental policies on cross-border movements of trade and resources. In the past, heavy restrictions have been made along countries borders in regards to the movement of goods and services and its resources. With every country imposing such restrictions, engaging in international business has been expensive to initiate. Today, governments require fewer restrictions and barriers in regards to movement of good, services and resources that have allowed companies to pursue in international relations. Some reasons found for the lower government barriers are: the desire of citizens to access a greater variety of goods and services at lower prices; they find domestic producers will become more efficient as a result of foreign competition; and they hope to encourage other countries to reduce their barriers to international movements (Daniels and Radebaugh 8). It can be said that, due to the commencement of the World Trade Organization (WTO) in 1995, government restrictions will continue to decrease. Although more opportunity can be gained by lowering restrictions and barriers, some controversy has surfaced. In 1999, protestors voiced their opinion about this topic during a WTO meeting. Many people stated that they would rather have more restrictions than fewer in regards to cross-border movements.
The development of supporting services can also be a factor to the rise of international business. Banks have provided services that allow companies to conduct business more resourcefully and efficiently. Companies now receive payments of foreign sales without the hassle of converting foreign currency. Postal services also contribute to supporting international opportunities. Countries have the luxury of mailing items over international land without worrying about different stamps needed or payments needed to be made. With supporting services, goods are flowed more easily and less risk is taken.
Lastly, the increase in global competition has caused international business to grow. Competition induced by foreign companies tempts companies to expand its business into international markets ((Daniels and Radebaugh 9). Once products are introduced in the global market, other companies are able to encounter foreign activity as well. With production in various countries, companies are finding pressure to compete in the market.
Другие работы по теме:
Business Knowledge Essay Research Paper Using Your
Business Knowledge Essay, Research Paper Using Your Business Knowledge 1. Babysitting-I make very good money and it?s a very good learning experience on how to deal and take care of children which is something that everyone needs to eventually learn in life.
Fantasy Story Essay Research Paper Thinking that
Fantasy Story Essay, Research Paper Thinking that it maybe was about time for something not so spectacular, I grabbed this book by Iain Not-M Banks while I was at the bookstore (getting The Naked God). Good thing.
Marketing Essay Research Paper FOREWORDThe first time
Marketing Essay, Research Paper FOREWORD The first time I visited an IKEA-store was in Elisabeth, New Yersey, The U.S. The year was 1995 and I still rember the joy and excitement when I entered the building. It was huge and it
Boss Essay Research Paper Business is an
Boss Essay, Research Paper Business is an extraordinary avenue to meet both your financial and personal goals because of the endless job opportunities. You are on your own and your own boss all at the same time. Since you are on your own, you have all the privelages of setting the structure and limitationsw of your business.
Land Mines Essay Research Paper Land mines
Land Mines Essay, Research Paper Land mines greatly contribute to the danger of international security because they are used as military weapons. Because land mines have caused great destruction there has been an effort from international and non-governmental organizations to ban mines and clear areas infected with them.
Environmental Scanning Essay Research Paper This paper
Environmental Scanning Essay, Research Paper This paper will discuss environmental scanning, marketing procedures, and describe how the environment affects marketing in relation to the automobile detailing business.
Foreign Bribary Essay Research Paper Since moral
Foreign Bribary Essay, Research Paper Since moral standards vary across cultures, firms that develop in global markets have to face more complex ethical issues than if they just made business in one country and one culture. Laws and customs in one country don’t necessarily agree with the laws and customs from another country and that is what makes the international business system so complex.
Untitled Essay Research Paper Business has always
Untitled Essay, Research Paper Business has always been the major of my choice because of the endless possibilities. You are on your own in a business – but you are also your own boss. And with this comes the privileges. Structure your business to the limits of your imagination. Anything can be sold for the right price.
Guilded Age Essay Research Paper This was
Guilded Age Essay, Research Paper This was a common thought process of the Guilded Age. Andrew Carnegie was There are many different views on whether or not business should be regulated during the Guilded Age. The rich who controlled the government at the time were against any kind of regulation of business.
Nyu Essay Research Paper NYU essay By
Nyu Essay, Research Paper NYU essay By: mike From the early beginnings of my high school career, I have dreamed of attending a private university on the East Coast. Upon learning about New York University, it seems to fit perfectly. NYU offers the education and facility for me to achieve my dream of becoming a business leader in addition to having a solid foundation in the liberal arts.
Fdr Essay Research Paper The Depression for
Fdr Essay, Research Paper The Depression for the US lasted from 1929 until 1941, resulting in a decline in production and rise in unemployment. Hoover regarded the Great Depression as a recurring downturn that will eventually recover. Therefore, he didn’t rush to give direct relief assistance to the needy.
10 Business Opportunities Essay Research Paper 10
10 Business Opportunities Essay, Research Paper 10 Possible Business Opportunities 1. Graveyard for the elite in Defense Phase 8 2. CNG Gas station in Hyderabad (with installation of kit facility) and on Super highway
Labor Forces Essay Research Paper The Massachusetts
Labor Forces Essay, Research Paper The Massachusetts AFL-CIO has partnered with the Massachusetts Business Roundtable to examine the future role of workforce training and education programs in the Commonwealth.
Dell Business Analysis Essay Research Paper Where
Dell Business Analysis Essay, Research Paper Where are we going? Dell is currently migrating to new technology. They have opened new facilities in Europe and North America to help customers and independent software providers with next generation Internet technologies. They also are gaining rapid experience and know-how into applying the rules of business.
Teamwork In Business Essay Research Paper In
Teamwork In Business Essay, Research Paper In any large business organisation, teamwork is the ultimate key to the organistions success The issue of teamwork in successful business organisations is a complex one. There are many factors that influence success in business. Teamwork is an important and necessary factor but, not the only one.
Computer In Buisness Essay Research Paper The
Computer In Buisness Essay, Research Paper The personal computer has changed the way the world does business. Through the possibility of customers being able to access the Internet, They
Intewrnationl Day Essay Research Paper International DayInternational
Intewrnationl Day Essay, Research Paper International Day International Day was a day where the students from foreign country’s get to share there pride in there country and culture and that’s exactly what they did. This international day was the first one I’ve ever attended and I will attend them from now on.
Article 23 Essay Research Paper Universal Declaration
Article 23 Essay, Research Paper Universal Declaration Of Human Rights ARTICLE 23 -Everyone has the right to work, to free choice of employment, to just and favourable conditions of work and to protection against unemployment-
Social Role Essay Research Paper About Its
Social Role Essay, Research Paper About Its Social Role Waxing eloquent about stakeholder management and corporate social responsibility is in some circles the surest way to stifle a business conversation, if not a business career. Corporate philanthropy brings satisfaction to those who give and receive, the argument goes, but let us not get carried away by talk of give-aways.
Big Stores Return To Mean Streets Essay
, Research Paper Big Stores Return to The Mean Streets The retailers are getting advantages from the government if they place their business in the inner cities; the government is offering them the store as incentive to them. The retailers have to go through a bureaucracy process to get a business in the downtown .
The Man On The Train With The
Glasses Essay, Research Paper How is it that one’s thoughts can enter another’s mind? The paper reads dreadfully slow I was minding my own business She was sitting across from me
The Computer Mouse Essay Research Paper The
The Computer Mouse Essay, Research Paper The Computer Mouse The computer mouse is a common pointing device, popularized by its inclusion as standard equipment with the Apple Macintosh. With the rise in
Nothing Essay Research Paper An ecommerce solution
Nothing Essay, Research Paper An e-commerce solution for a business is the incorporation of all aspects of the business operation into an electronic format. Many well-established businesses have been selling on-line for years. For example, Dell Computers Corp., has been selling computers directly to end-users for years.
Lincoln Application Essay Essay Research Paper Now
Lincoln Application Essay Essay, Research Paper Now is a time to make decision in life that will help me succeed in the future. The decision is to choose the right high school that will help me meet my goals and prepare me for college. A school that can train and give me all the tools I need to be an international business.
Vice President Of Personnel Fun
& Games International Essay, Research Paper 9 Warwick Rd. Stratford NJ 08084 1/24/01 Ms. Paula Hougen Vice President of Personnel Fun & Games International
Effective Business Communication Essay Research Paper Effective
Effective Business Communication Essay, Research Paper Effective business communication is an essential component in today’s commerce. Without it, there can be little if any cohesion among employees, management and consumers. In order to establish this basis of communication within the workplace, employers have to abandon their supervisory egos in exchange for an atmosphere of openness, encouragement and teamwork.
Business Studies Essay Research Paper Business Studies
Business Studies Essay, Research Paper Business Studies [ Your display is set for the "US-ASCII" character set. ] [ Some characters may be displayed incorrectly. ] ^+What is Business Studies?^+ ^+Business studies is the study of how businesses are set up, financed,organised and controlled, how people are employed, managed and paid, howgoods are developed, produced and sold, how goods and services arepriced and how the local, national and international government help orhinder businesses.^+1 In studying the setting up of a business there are many aspects thatneed to be considered.
International Students Essay Research Paper International Students
International Students Essay, Research Paper International Students on Campus There are many International students that attend East Texas University. There are Hispanics, Russians, and Chinese that attend this institution. I talked to Mario and he said that East Texas really helps the International students in many ways.
Rise Of Sociology Essay Research Paper The
Rise Of Sociology Essay, Research Paper The Rise of Sociology The field of sociology evolved as a response to the impact of profound social and political fragmentation experienced in the West. A fundamental shift in both social and intellectual patterns created by the economic evolution of the eighteenth century led to great concern among scholars of the period.
International Relations Realism Essay Research Paper In
International Relations: Realism Essay, Research Paper In the discipline of International Relations realism, which developed as a reaction to idealism during the Cold War, has become the dominant school of thought . Realism makes power the currency of international politics. Realist argue that by accumulating power states can ensure the security of the population within the state.
Business Rules Essay Research Paper The Rise
Business Rules Essay, Research Paper The Rise Of Big Business The rise of big business came about with railroads, which were the first big businesses. In the early 1850’s there were several major trunk lines, they each controlled about 500 miles of track and employed several hundred to sometimes thousands of workers.
Early To Bed Essay Research Paper Early
Early To Bed Essay, Research Paper Early to Bed ?Early to bed early to rise makes a man healthy wealthy and wise,? is one of the most widely quoted proverbs from Benjamin Franklin’s Poor Richard’s
Cambodia Essay Research Paper Cambodia is known
Cambodia Essay, Research Paper Cambodia is known for its war torn history as well as its factor in international business. By using Griffins framework, and reading the article A Bumpy Road to Reform out of the September 11. 2000 issue of Business Week it is easy to see why such large companies such as Nike, Target, Gap, JC Penny and Wal-Mart see interest in this war ravaged nation in need of export earnings and investment.