Podcast
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Explain the importance of international business and why all managers need to have a basic knowledge of it.
Explain the importance of international business and why all managers need to have a basic knowledge of it.
International business is important because it allows firms to tap into new markets, access resources, and diversify risk. All managers need to have a basic knowledge of it to meet the challenges of global competition and to understand the increasing involvement of firms in international business.
What are the 5 kinds of drivers leading firms to internationalize their operations?
What are the 5 kinds of drivers leading firms to internationalize their operations?
The 5 kinds of drivers leading firms to internationalize their operations are all based on change, and they include market drivers, cost drivers, government drivers, competitive drivers, and technological drivers.
What are the key arguments for and against the globalization of business?
What are the key arguments for and against the globalization of business?
The key arguments for globalization of business include access to new markets, cost efficiency, and increased competition. Against globalization, arguments include loss of jobs, exploitation of workers, and cultural homogenization.
Why is it important for companies to have employees with a global business perspective?
Why is it important for companies to have employees with a global business perspective?
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How does the globalization of an international firm occur?
How does the globalization of an international firm occur?
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