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3. Explain ONE key social or cultural factor affected the company’s international business activities.
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- Why cultural issues are important to international business？What are the positives and negatives associated with being an international business traveler11- The exchange of goods and services among individuals and businesses in two or more countries a) International Business b) O International franchise C) Internal transaction d) O Internal Business
- Briefly define International Business and outline the ways in which it differs from domestic business.Give relevant examplesWhy do Companies engage in International Business? What are the major cultural factors that affect International Business? Give suitable illustrations in support of your answers.Please explain why Lack of marketing strategy for international business can effect your company.
- Critically examine the extent at which the following factors have enhanced the growth of International Business: i) Expansion of technology ii) Growing consumer pressures iii) Increased global competition iv) Changing political situations v) Expanded cross-national corporatione. What are the basic forms of international business activities? f. List THREE (3) brands of each product that are made by domestic firms and THREE (3) products that are made by foreign firms?Define and explain culture, and how it affects the conduct of international business.