0
International Business and Trade
International business and trade refers to the exchange of goods and services across international borders to maximize profit. Ideally, a country will export a good if its domestic price is lower than the international price.
1,891 Questions
Someone who organizes a business venture and assumes the risk for it
What are the 3 different types of barriers?
Three distinct types of barriers are:
- structural barriers,
- material barriers, and
- mental barriers.
For example, The Great Barrier Reef, located in the Coral Sea, off the coast of Queensland in north-east Australia, is an expansive (133,000 sq. mi.) saltwater ecosystem built upon billions of nearly immobile living ocean organisms, known as coral polyps. Coral reefs are often referred to as "barrier reefs;" because, as living biological structures, they provide coastal land environments physical protection against strong ocean currents and waves by slowing down the flow of seawater before it reaches shore.
MATERIAL BARRIERS:Likewise, a physical/material barrier refers to any substantial action, phenomenon, force, influence or object which impedes and prevents any other action, phenomenon, force, influence or object from proceeding toward, arriving at or achieving an intended result. In sharp contrast to protective structural barriers, many material barriers are often considered to have a detrimental effect on the otherwise beneficial forward direction of an object or action toward development, progress and positive change.For instance, "'trade barriers,' [...] a general term that describes any government policy or regulation that restricts international trade," are usually physical or material in nature. Such barriers may take numerous concrete & tangible forms, including tariffs, import/export licenses & quotas, subsidies, voluntary restraints, local content requirements, and embargo.
Most trade barriers are founded on one common principle: an imposition of cost on trade which in turn increases the price of traded products. Barriers to international trade are often criticized for the negative impact they have on the developing world; where as, "in theory, free trade involves the removal of all such barriers, except perhaps those considered necessary for health and national security," and has often been touted a panacea for global economic crisis and poverty.
MENTAL BARRIERS:In addition to structural and material barriers between objects and/or actions, one may often experience mental barriers; which, by contrast, are defined as immaterial, intangible and abstract psycho-ideological and/or spiritual impediments to the achievement of one's actions or to the construction and conclusion of one's thoughts. Such cerebral or emotional barriers may be either protective or detrimental in nature.More often than not, human thought and action may be either challenged or encouraged by both physical (i.e., structural & material) and mental barriers. Let us consider barriers to listening as an example. Physical barriers to effective listening "include hearing impairments, noisy surroundings, speaker's appearance, speaker's mannerisms, and lag time," while mental barriers that may impede, prevent or hamper successful listening may "include inattention, prejudgment, frame of reference, closed-mindedness, and pseudo-listening."
A quick comparison of this dichotomous binary grouping of barriers to listening does indeed expose an obvious opposition between two distinct types of barriers: tangible vs. intangible, material vs. cerebral, and/or physical vs. mental. The barriers cataloged in this example, however, are not protective in nature; they are instead solely considered obstacles which negatively impact the listening process.
There are also social barriers,which include religion, where and what you work at, where you live or plan to live, money, all of which should be immaterial to who you know or what you know
Khalid al-Mansour is a Muslim and black nationalist who is rumored to have close ties to President Barack Obama. According to reports in 2008, Al Mansour sought to raise funds for Obama's Harvard education. The reports made at the time have been denied.
What is liberal theory of international trade?
The liberal theory of international trade is derived from neoclassical economics and asserts that free trade, and the liberalization of domestic economies will produce positive gains for all nations. However, evidence suggests that poverty in developing countries has been perpetuated, and in some cases deepened within the framework of free trade. The term 'neo-liberal' is now used in a pejorative sense mainly by those who are critical of these kinds of market reforms.
What procedures would you use when dealing with foreign creditors?
In order to answer the question, knowing whether or not the borrower is a corporate entity or an individual is important given the management of international creditors. Please provide the additional information so we can adequately answer the question.
What is the purpose for an organizational structure in a health care facility?
Organizational structure indicated areas of resposiblity and lead to the most efficient operation of the facility. (Provide better service)
The accounting estimate is a financial approximation. This approximation is used for financial statements to make financial statements more accurate with their crediting and debiting.
What crops are grown in Zimbabwe?
There are several crops grown in Zimbabwe, with the biggest being tobacco. Other crops grown there are sugar, tea, cotton, and corn.
Benefits to society of business activity?
The society benefits from the business activities as people fulfill their needs and wants that are produced by the business organisations/factories and unemployed people find jobs.
What was the purpose of a protective tariff?
A protective tariff is a fee that is added to items that imported from other countries. The purpose is to make imported goods more expensive so that people will buy goods made in their own country. For example, if the goverment wanted me to buy American made T shirts instead of Chinese made, they could charge a fee of $10 per Chinese t shirt.
How much are euros worth in dollars?
In mid-2010, one US dollar is worth about 0.7875 Euros.
This makes one Euro worth $1.27 USD.
This will change every day, and even during the day.
You can easily convert almost any amount of any currency to any other currency with the currency calculator at the related link below.
What special problems do landlocked countries have when importing and exporting goods?
They have problems exporting boobs and penises
What are the objectives of management accounting?
Ø Planning: The success of any business depends upon the proper planning. Planning also involves foreseeing the problem of arranging adequate funds or resources to implement the various plans. It can render valuable information as to what should be the cheapest source in terms of cost involved.
Ø Organizing: By following various techniques of it, each department of the organization can be examined separately. It helps the management in performing this function by assigning specific responsibilities to different people.
Ø Controlling: Management Accounting helps the managements in controlling the performance of the business. The actual results are compared to plan objectives. Budgetary control, cost variance, and interpretation of financial statements are helpful in this direction.
Ø Decision making: Decision-making is a very important function of management among all the functions of the management, It can be very helpful in this regard. Under this function, to management finds various alternatives, which should yield maximum profit. Marginal Costing, Break-even analysis etc. can help to the managements in this regard.
Ø Time saving: It is concerned with the analysis and interpretation of financial statements. It selects only that information, which is useful to managements and hence save the time of the managements.
Product line of Hindustan Unilever Ltd?
Some of its brands include:
- Kwality Walls ice cream,
- Lifebuoy,
- Lux,
- Breeze,
- Liril,
- Rexona,
- Hamam,
- Moti soaps,
- Pureit Water Purifier ,
- Lipton tea,
- Brooke Bond tea,
- Bru Coffee,
- Pepsodent and Close Up toothpaste and brushes,
- Surf, Rin and Wheel laundry detergents,
- Kissan squashes and jams,
- Annapurna salt and atta,
- Pond's talcs and creams,
- Vaseline lotions, Fair & Lovely creams, Lakmé beauty products,
- Clinic Plus, Clinic All Clear, Sunsilk and Lux shampoos,
- Vim dishwash, Ala bleach and Domex disinfectant.
Why is communication the lifeblood of a business organization?
Is communication the lifeblood of a business organization?
What made the triangular trade important?
Triangular trade was important because it was useful. It was mosty trading in the from of a triangle.
A democratic political system is an essential condition for sustained economic progress?
Typically the advantage of the free market economy coupled with a democratic political system is best suited for sustained economic progress. The free market economy offers basic incentives for entrepreneurship versus a state-owned which would offer nothing. The sustainability will be a direct derivative of competition which also would be non-existent in a state owned economy. Hill the author, claims China, South Korea, Taiwan, Singapore, and Hong Kong have all been exceptions to the rule citing each fostering a market economy with strong property rights protection. Hill continues to tell us that a democracy may not be a condition of economic stimulation but subsequent growth may follow with a democratic regime.
What is quality in the context of TQM - Total Quality Management?
In business, particularly in manufacturing, total quality management is the focus on quality from start to finish in the business stream. The quality of materials coming in the door from which the company's products are made is reviewed, and there are standards for everything that is received. Work and product in the work stream are looked at to ensure quality (functionality and adherence to requirements) at each step. Final tests verify adherence to specifications and product reliability. The effectiveness of the sales force and the support team is also reviewed to ensure quality service. Total quality management has standards or other methods which measure the quality of materials, workmanship, life-cycle costs, products, and services at key points in the business process. Indices are put in place to foster continuous quality improvement throughout the entire process.
the international marketing variables that affect coke.
Is there a company called TRIAX that provides security services in Iraq?
There is a company called TRIAX who offers services not just in Iraq but all over the globe!
