« previous next »

Author Question: How does international business differ from domestic business? Why is it important for business ... (Read 188 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jul 7, 2018
How does international business differ from domestic business? Why is it important for business students to learn about international business?
 
  What will be an ideal response?

Question 2

What is a code of ethics? What are the characteristics of an effective code of ethics?
 
  What will be an ideal response?


hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 7, 2018
Answer to Question 1

Domestic business involves transactions that occur within a single country, while international business involves transactions that cross national borders. Students should learn about IB because most large firms have global operations and many small firms are expanding into the international arena.

Answer to Question 2

A code of ethics is a written statement indicating the values and ethical standards that guide a firm's actions. A code of ethics should be clear and in writing. It should address the major elements of ethical conduct relevant to the environment and business operations. It must be adhered to when a problem arises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

K@

  • Hero Member
  • *****
  • Posts: 608
Reply #2 on: Jul 7, 2018
Thank you


hanadaa

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jul 7, 2018
No problemo


« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

It is important to ask patients what other health care providers they are seeing, such as the dentis It is important to ask patients what other health care providers they are seeing, such as the dentis
Two important changes occur in the upper airway in croup:The epiglottis swells, thereby occluding th Two important changes occur in the upper airway in croup:The epiglottis swells, thereby occluding th
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Region’s Culture in International Context Region’s Culture in International Context
Proteins play an important role in keeping your skin healthy and your nails strong Proteins play an important role in keeping your skin healthy and your nails strong
International Economics: Theory and Policy (10th Edition) International Economics: Theory and Policy (10th Edition)
Video: Transcription—A molecular view

For a complete list of videos, visit our video library