This topic contains a solution. Click here to go to the answer

Author Question: Describe four subject areas or skills that are important to international business and explain why ... (Read 124 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wshriver

  • Sr. Member
  • ****
  • Posts: 318
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.





 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

For a complete list of videos, visit our video library