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What theory identifies specialization as a reason for international business?

comparative advantage


What are the theory identifies specialization as a reason for international business?

theory of comparative advantage.


Why was one reason for the growth of the domestic slave trade?

The international slave trade ended /apex


What are the reason for the growth of international business?

The growth of international business can be attributed to several key factors: advancements in technology have facilitated global communication and logistics, making it easier for companies to operate across borders. Additionally, the reduction of trade barriers and tariffs through globalization and trade agreements has opened up new markets. Economic factors, such as the pursuit of new consumer bases and cost efficiencies through outsourcing, also drive expansion. Lastly, cultural exchanges and increased consumer awareness of global products encourage businesses to explore international opportunities.


Why it is necessary to update business plan?

The reason why we update business plan is to give a direction to our efforts deployed towards business growth. Business plans include both long term and a short-term statement of a business, which makes updating business, plans sort of an inevitable activity. Updating a business plan makes sure you are headed on to the right track and the long-term goals of the business are achieved.Here's why updating business plans are necessary:Offer stability against changing market conditionsImproves business modelCreates a balance between management and administrationHope this helps!


What are the reasons for the growth of Bombay from 17th century onwards?

I think that for the business enviourment is the main reason of groth of bombayin 17th century,


What is the purpose of business communication and its role in business?

The purpose of Business communication is to convey in a best possible manner the core reason behind the initiatives such as to retain clients, maintain cordial relationship with business partners and serve to expansion of business. It acts as the catalyst for growth in any Business.


What role did railroads play in the growth of coal industry?

Railroads was the main reason why the coal industry kept in business, it depended largely in the railroads


Why frims need to calculate profit?

The reason is very simple if one doesn't know that what are the profits of her business and are her profits enough to cover its revenue then how one can judge the success and growth of her business. http://australiawholesalers.com/


Which was not a reason for the growth of suburbs?

One reason for the growth of suburbs was increased automobile ownership and improved transportation infrastructure.


Are golden showers legal?

No reason why not - so long as it's done in the privacy of your own home. What couples get up to during sexual activity in private - is no-one else's business.


What is the growth potential for the handyman business?

I believe that with the fear of selling a home or buying a home for whatever economic reason. People will turn to remodeling, improving, and rehabbing their homes. They, more than likely, have the money or are not afraid to borrow the money to do a remodel. So, with that said, I think the potential for handyman business growth is great.