Translation of the theme Globalization in International Business

Globalization in International Business

* International Business *

International business consists of transactions designed and carried out across national borders to meet the objectives of individuals, companies and organizations.The basic forms of international business is the import and export trade and foreign direct investment.

The definition of International Business focuses on the transactions.

The globalization of business presents new opportunities and threats for governments, businesses and individuals. The challenge is to compete successfully in the global market as it exists today and how to develop tomorrow.

GLOBALIZATION: THREAT OR OPPORTUNITY?

The globalization of business is seen by many as a tool for creating wealth and benefiting nations and individuals worldwide. Peter Woike, World Bank, argues that globalization provides the essential ingredients of successful entrepreneurs and corporations in developing regions, ie, can help industrial potential to change the labels of developing countries to developed .However, entry into the global economy also causes a number of problems, critics of globalization believe that international businesses increase their wealth mainly from corporations and investors at the expense of the poor.Proponents of globalization believe that it is simplistic to blame the globalization of world poverty. The causes of poverty are numerous and complex.According to the global process of adjustment to globalization continues, negotiations between those who benefit from it and the losers will continue.

GLOBAL LINKS OF THE DAY

International businesses have forged a global network of connections around the world that unites us all, and have caused a global shift in production strategies.Besides the production of goods, services firms are increasingly a part of the international scene. Companies and governments recognize the global impact of production in the common environment for all.