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What are the differences between international business and domestic business?

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


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.


How might costs be lowered in a business with technology?

because it can


The study of international business is fine if you are going to work in a large multinational enterprise?

The study of international business is required for every business student because nearly every business will be international in the coming years. By understanding international business you can better understand your contribution to the organization.


How does technology improve business?

it improves the efficiency of a business because more work is being done


Why IT is a business pressure?

Information technology can be a high pressure business because of the rapidly changing technology. Keeping up with all of the changes can cause stress.


Challenges of business environment?

The business environment faces many challenges. Technology is one challenge because it is rapidly changing and businesses need to stay up-to-date. Another challenge for the business environment is the direct impact of the overall economy like interest rates and international markets.


How do you calculate premium on debentures in cash flow statement?

Premium on debenture is shown in cash flow from financing activities because debentures are used to finance the business activities.


How is environmental scanning useful to international business?

Environmental scanning is important in international business because the needs of consumers change rapidly. With environmental scanning, a business can adapt to the market as necessary.


Definition and Examples of International Business?

International business refers to exchanging good and services with individuals and businesses in multiple countries. Walmart is a perfect example of international business because this company exports and imports a lot of products and services.


Is a business international if it is in both England and Scotland?

No, because both are in the UK.


What is international business diplomacy?

International business diplomacy refers to negotiating with lawmakers in various country. This process can be difficult because diplomacy measures are different based on the country the business is operating in globally.