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Business activities that involve exchanges across national boundaries

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What question must managers ask concerning the relationship between economic logic and international strategy?

Managers must question how the international strategy contributes to the economic logic of our business and corporate strategies.


With which concept the business profit or economic concept provides the more appropriate basis for evaluating business operations?

Businesses i know are there to maximize profit and minimize cost.On this basis,i think the business profit concept is the most appropriate basis for evaluating business operations because banks,lenders or creditors will the creditworthiness of such business if loan or any other facility has been advanced to such business to see whether they can offset such debt if given to them.


Is the economic environment of Kenya favourable to international business. yes or no substantiate. answer for this question from any books or articles?

yes


How Increases international peace and assistantship by international business?

International business fosters global economic interdependence, which can reduce the likelihood of conflicts by creating mutual benefits among nations. By encouraging trade and investment, countries are incentivized to maintain peaceful relations to protect their economic interests. Additionally, international business often promotes cross-cultural understanding and collaboration, which can enhance diplomatic ties and contribute to a more stable international environment. Ultimately, this interconnectedness can lead to increased cooperation on global issues, further supporting international peace and assistance efforts.


How does political legal influence in international business?

Environmental factors for international business comprise the external relations a firm will face in going global. These include, most importantly, the economic, political and legal environments, each of these always entangled with the others.

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The basis of international business is that a nation is able to import a good or service at a lower cost than if it were produced domestically. This is known as specialization and exchange.


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. What effect does a country's economic development have on international business?

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chtiya question hai


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When was BASIS International created?

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