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Business Globalization

Business globalization is generally connecting economic regions worldwide in a network of trade, communication and transportation. The companies that use these networks manage resources on a global scale to meet their financial goals.

1,232 Questions

What are the benefits of studying international business?

There are many benefits of studying international business. As a business person, you will be able to look at the business trends from different parts of the world which will help in making crucial decisions for your business.

Difference between Licensing and contract manufacturing?

The main difference between licensing and contract manufacturing is the cost of doing business. Licensing manufacturing will require an agreement much like a franchise. The main entity supplies most of the products to conduct business. In contract manufacturing, the cost of materials is with the maker making it higher cost.

WHo is the British Gas Registrar?

British Gas are part of Centrica PLC and their registras are Equiniti and the dedicated helpline number is 0871 384 2985

What are some facts about globalization?

  • Humans produce so much carbon dioxide from cars, power plants, chemical plants, wasting electricity, wasting water, littering, that all that carbon dioxide goes up into the greenhouse gases and creates warmth.
  • Right now this is melting glaciers at an alarming rate. With those glaciers melting and becoming water, the sea levels will rise very very much.
  • Which could mean bigger floods and hurricanes. (that's very bad.)
  • The earth is being heated even more to unnatural temperatures for some places.
  • More heat will warm the earth and animals (that are used to different climates) habitats will be all messed up.
  • Some animals, insects, and amphibians will become extinct.
  • So it's very important to reduce the amount of carbon dioxide us humans produce because every little bit WILL hurt us in the end too.
  • Global Warming is a long term secular increase in average temperatures, for all locations on the Earth.
  • Global Warming is associated with changes in the climates at many places on Earth's surface. Some will become more arable, and some will become less.
  • Global Warming is associated with a reduction in the mass of ice in glaciers, and at the poles (in general). In addition to the increase in sea level (from ice not supported by land), the water itself is warmer which serves to further increase average sea level.
  • Global Warming is associated with increased storm intensity, if not frequency.
As sea level rises, the moment of inertia of the Earth increases (like a spinning skater moving his/her arms out), and the length-of-day increases.As more water mass is available to carry tides, the recession rate of the Moon will increase.As the oceans cover more area due to increased levels, currently low lying inhabited areas will either have to install dikes, or be abandoned to the sea.

Definition of international firm?

The definition of an international firm is a company who deals in important and exports. They do so internationally thanks to licensing and franchising.

What is a domestic business and give the example of some domestic business organasations?

Domestic business is a business that was founded in the country and stays in the country like for example Texas has HEB which is domestic because its only in Texas but Mcdonalds would be international because its everywhere

How should a US firm that currently exports only to ASEAN countries respond to the creation of a single market in this regional grouping?

A US business firm that is currently exporting to only ASEAN countries should

seriously consider opening a facility somewhere in this grouping, as the economics of a common

market suggest that outsiders can be at a disadvantage to insiders. The opening of borders within

ASEAN also has the potential to increase the size of the market for the firm. Of course it is

possible, after careful consideration, that exporting may still be the most appropriate means of

serving the market.

What is one effect of globalization?

It makes us feel like we're part of a broad community.

Why has globalization contributed to the problem of worldwide disease pandemics?

C. It has increased the chances a person will carry a disease into another country.

Why is globalization potential damaging to the environment?

Protecting the environment increases production costs and reduces competitiveness.

What is physical environment for business?

The physical environment for a business is the material objects that are used for a business. For instance, a business may be located in an office building with tables and chairs, or it may consist of a factory that makes products. All of the things that are in the area are part of the business physical environment.

What interconnected global commerce structure has happened?

Consumers can often no longer easily see the source of the products they buy.

How is globalization measured?

The warming is a rise in temperature, so it is measured in degrees.

Since 1900, the air and sea surface temperature has increased about 0.8 °C (1.4 °F), with about two-thirds of the increase since 1980.