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Q: What advantages General Electric seek to attain from its international business activities?
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What are the primary activities that take place in international business?

The primary activities that take place in international business transactions are exporting and importing.


What are the advantages and disadvantages of government involvement in business activities?

The advantages of government involvement in business activities is that it helps regulate the prices of commodities as well as ensure only quality products are in the market. The disadvantages include interference with the business activities and levying high taxes among others.


What is the economic basis for international business?

Business activities that involve exchanges across national boundaries


What is global enterprices?

The global enterprises refer to the business establishments that have major international activities.


What are the differences between international business and domestic business?

domestic trade:- same currency foreign trade:- different currency are used


What is the difference between international trade and international finance?

international trade :exchange or business of goods and services across the bordersinternational finance :dependence on foreign countries to fund some activities or support economy


How is international business broader in scope compared to international trade and international marketing?

According to BKD, "International Business is as broad as the roads in Delhi, and international trade and international marketing are those roads in Mizoram", He stated that International business includes all the activities across the international boundaries (governmental, Private, Logistics, investments, C.I.D, etc) whereas international trade and marketing includes only the trade activities like selling and purchasing of goods that are being under the trade restrictions. So international prostitutes cannot come under this. According to Obadia Vanramnghaka, "Zanghrot loa om ahrehom ati" which means international business means a lot to the nation.


What are the advantages of a small business going international through incremental stages rather than as a global start up?

The advantages of a company going international through the small business stage model, or through incremental stages, is a minimized exposure to risk and a gradual development of the company's international expertise (245). Source, textbook: Multinational Management by Cullen & Parboteeah, 5e


What is the importance and advantages of a business plan?

The importance of business plan is that a person can able to determain which business may give out more profit in that environment and social activities,and its advantage is that they able to mantain thier scarcity.


What are the Advantages of business letter?

what are the advantages of a business letter?


Advantages of business ethics?

advantages of business ethics


What risks do organizations face when engaging in international finance activities?

International finance activities are a risky business because international business laws and regulations are not the same. It is possible for the international organization to 'dupe' the other out of money or products and the company could face no legal ramifications for the actions. Where company A could lose money and products and company B could gain money, products, and lost nothing. It is important for each company to do extensive research in verifying the legitimacy of the company and familiarize themselves with the laws and regulations in the country they are doing business.