World Wide Trade

International business has evolved into vast net rifles of employees, automated-machines, and what was once only a fistful of executives has been dramatically increased to a major(ip) portion of the workforce, so much that it merchant ship hurt the companys crapper line and can cause falsified financial statements, i.e. - Tyco, Enron. The first substantiation on international trade is cross-culture merchandise. Another hindrance on international trade is the gray markets.

The first step in doing international business is sourcing, this involves manufacturing and/or purchasing of components in divergent regions of the world and then putting them together to make the terminal product. The benefit of producing a product in different locations is it can be done at a lower cost, for example, Indonesia is among the lowest costs in the world, a large domestic market, and relatively close to the rest of Asia. As a result, some companies ar not satisfied with their sizes and are now expanding within Indonesia. Coca-Cola loose a new mass bottling plant in 02. between 99-02, the government had approved $26.2 billion in new alien investment. Officials say foreign investors, apart from petroleum and financial-services companies, employ 3.5 cardinal Indonesians, or 3.5% of the workforce. As with any location, there are take points.



Pick-pocketing and thefts are common in tourist locales, while gracious unrest has been almost a trait of Indonesia/East Timor. (J. Williams, 2002, pg. 35-37) Outsourcing for tech related help lines seem to be corrugating in India where computer software takes are in abundance and are willing to work for approx. 1/10 the wage of a software engineer in the USA.

When speaking of international business, marketing plays a major role, how do you intend to inform the consumer about your product? over 90% of the worlds consumers live outside the US making culture-wise marketing vital. Also...

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