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THE POSITIVE PARTSocial networking Web sites are helping businesses advertise, thus social networking Web sites are benefiting businesses...

Advertising,Networking Sites,Social Media,Social Network,Website,World Wide Web,

Computers are perhaps the best innovation in the field of microelectronics that has suited well with the advancement in the brand-new century. T...

Computers,Invention,Scientific Inventions,

Jane and Steve have been married for five years. Steve lost his job a year ago and has been unable to find employment since then. Jane is a succ...

Case Study,Laughter,

As this is my first internship, I decided to give myself the best opportunity in a 5 star resort & spa hotel to enhance my experience, to de...

Hospitality,Internship Experience,

→ Production-centered managers – set rigid work standards, organized asks down to the last detail, prescribed work methods o be followed and clo...

Leadership,Leadership And Management,

INTRODUCTIONToday, we are living in a modern age engaged in highly computerized technology where computer devices manifest everywhere aim...

Job,Software,World Wide Web,

Ralph has chosen this song as he loves it. It’s a song he’d love to be able to play on guitar. Ralph has stated he loves to play his guitar. How...


In tonight’s session we have been learning further about Carl Rogers and his conditions of a successful person- centred therapy. We have been ex...

Journal,Psychology,Social Psychology,

In our society, free will is something that is ingrained in our set of beliefs that every citizen of the world should possess. We generally beli...

Determinism,Free Will,Society,

The chief object of ports is, of course, bodily exercise. “A sound mind in a sound body” is a well-known saying. The heath of the body is essent...


Anna, define the term ‘duty of care’The term ” Duty of care” refers to the obligations and responsibilities. It is a key concept in wor...

Abuse,Essay,Human Nature,Risk,Safety,Workers,

Since the beginning of time mankind has found that harmony and togetherness are more beneficial to the entirety of the group than dissonance and...


I have always been interested in art since I was young so it did not take me too much time to decide the general area for my project. Drawing, s...

Keyboard,Learning,Music,Piano,The Piano Lesson,

You are watching TV and you see the latest celebrity that pops onto the television screen who is dressed in revealing clothing, which has now be...


1. Analyze the effectiveness of the approach to change taken at VC Brakes. 2. Was Andrew Ryan effective? What could he have done differently? 3....

Case Study,
Sus Portfolio
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IntroductionWrite an Introduction to the assessor (sometimes this is the last thing you write, although it is the first thing the asses...

Education,World Wide Web,

MCDONALD’S CORPORATION:McDonald’s Corporation is the world’s biggest chain of hamburger quick food dining establishments which serves aro...

Human Resource Management,

Our world today is a crazy one, in many ways. It is so different to what it used to be. The advancement of technology, coupled with such things ...

Hiv Virus,Iraq War,Technology,World,

In Certain cases, never cross your mind that City life is better than village life. However, there are so many advantages and disadvantages in c...

City,Country,Village life,

IntroductionIn the next couple of pages the author will firstly discuss the main advantages of the crossroad growing adoption of IFRS, ...


Critical Thinking and Discussion Question

Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Britain? North America? Hong Kong?

After World War II, America used to be the number one leader in the world while Britain and China have less role. For the rich industrial countries like the UK, US, Denmark and New Zealand is declining of the FDI. Conversely, the developing countries like China has become more influential in the world economic over the last 30 years and expected to be the first leader in the world.

Especially, exporting of china has a significant blooming.

“The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms.” Evaluate this statement.

International business or globalization is talk about the trend towards a more integrated global economic system. I’m disagree with that there is no relevance for individual who are going to work in small business because every business should consider about economic and the economic depend on the would situation.

So, not only a big enterprise must study international business but small business should understand the role of global business also.

How have changes in technology contributed to the globalization of markets and production? Would the globalization of production and markets have been possible without these technological changes?

For the globalization of markets and production, they have changed with lower cost communications networks and lower transportation cost.

Both lead to easier to enable firm s to create global markets and allow firms to better respond to customer demands. For example; The Internet has facilitated the creation of a 24/7/365 marketplace where information is available in real time. So that make sense that the globalization of production and markets have been possible without these technological changes.

“Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in having a separate course on international business.” Evaluate this statement.

The international business differs from the domestic business because: Countries are different in economic, political, legal and culture. The range of problem confronted by a manager in an international business is wider and the problems themselves more complex than those confronted by a manager in a domestic business. International transactions involve converting money into different currencies.

How might the Internet and the associated World Wide Web affect international business activity and the globalization of the world economy?

Over the last 20 years, internet static has increase sharply. Most business have a website that kind of another advertising. Customer around the world can access your business 24 hrs. Real location is not necessary because of power of internet. Some business only has in online and they can make more profit than existing business.

If current trends continue, China may emerge as the world’s largest economy by 2020. Discuss the possible implications for such a development for

The world trading system:
Many countries try to sign a contract with China for trade because its market is big and very interesting. In the future China economic could be larger than the US and other countries. The world monetary system:

China’s currency, Yuan, might be powerful than U.S. dollar or equal or more than other world currency. The business strategy of today’s European and US-based global corporations: They will invest in China or more corporate will shift to China. In term of exporting, they try to reduce tariff. In addition, they will co-business with Chinese and learn chinese also. global commodity prices:

The goods that is made in China is cheaper than other countries. Most global commodities will import from China.

Reread the Management Focus on Vizio and the market for flat-panel TVs and answer the following questions:

Why is the manufacturing of flat panel TV’s migrating to different locations around the world? Because they concern about cost of production, comparing between cost and profit in different countries.

Who benefits from the globalization of the flat panel display industry? Who are the losers? Vizio company: lower production cost
Vizio customer: high-quality with low price
labor: get job
host country: higher pollute environment

What would happen if The US government required that flat-panel displays sold in the United States had to also be made in the US? On balance, would this be a good or a bad thing? It will be a bad thing. In the short run, if the flat panel displays must be made in the United States, the total cost of the products will increase and become less competitive with other brands.

What does the example of Vizio tell you about the future of production in an increasingly integrated global economy? What does it tell you about the strategies that enterprises must adopt to thrive in highly competitive global markets? This is an example of benefit-cost analysis. The way to reduce production cost through the integrated global economy. They looking for out sourcing suppliers that cheaper than their country.

Date: Oct 12,2021