BUSN 11 Introduction to Business Student Edition
11th Edition
ISBN: 9781337407137
Author: Kelly
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 1LO
Summary Introduction
To discuss: Business opportunities in the world economy.
Expert Solution & Answer
Explanation of Solution
An activity or an organization that provides the services and goods with an effort for earning profit is known as business. The advancement of technologies and the less trade barriers have created a huge international business opportunity. Despite of the global economic crisis in the year 2008, higher population developing countries like country C, country I, country B, and country IN continues to be the most potential in
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Explain the advantages and disadvantages of doing business globally.
Why is international business different from domestic business?
Describe five global trends that will have the greatest impact on future business.
Chapter 3 Solutions
BUSN 11 Introduction to Business Student Edition
Knowledge Booster
Similar questions
- Analysis some of international business activitiesarrow_forwardExplain how Technology Flattened the World (Thomas Friedman) affects the business and trade.arrow_forwardEmerging Markets. Explain the concept of emerging markets. In your explanation Identify four main characteristics of an emerging market.arrow_forward
- Identify at least three ways in which the globalization of business affects businesses in your community.arrow_forwardDiscuss the roles of tourism and hospitality in economic development.arrow_forwardHow can globalization and international trade impact businesses, and what strategies can companies use to succeed in global markets?arrow_forward
- Emerging Markets. Explain the concept of emerging markets. In your explanation: Briefly contrast an emerging market with a developed market.arrow_forwardDifferentiate local or domestic business from international business. Compare the way of doing business in the United States and China from the perspective of the economic, political, and judicial systems. Explain the different global systems.arrow_forwardA significant economic challenge in a global business environment is:arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning