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Author Question: Describe four subject areas or skills that are important to international business and explain why ... (Read 125 times)

newyorker26

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Describe four subject areas or skills that are important to international business and explain why they are important.

Question 2

Describe how geographic conditionsthe climate, terrain, seaports, and natural resourcesof a country can influence its business decisions.



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wshriver

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Answer to Question 1

Answers should include four of the following subjects/skills: (1) historyawareness of the past helps you better understand today's international business relations; (2) geography helps you understand how the climate and terrain of a country affects transportation, housing, and other business activities; (3) foreign language knowledge enables you to communicate effectively with people from other societies to conduct efficient business activities; (4) cultural awareness skills allow people to be more sensitive to customs and traditions of other societies in order to make sound business decisions; (5) study skills add the ability to keep up to date on changes in international factors that affect international business.

Answer to Question 2

Answers should include the following concepts: (1) climate can affect the types of crops that can be grown and even the types of businesses that can operate in that climate; (2) terrain can affect how goods are shipped to other locations; (3) seaports enable companies to easily ship products for foreign trade; (4) an abundance of natural resources expands the ability of domestic businesses to produce a wide variety of goods, while a scarcity of natural resources make a country more dependent on imports.





 

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