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 60 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?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library