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In today?s economy, most economic boundaries have disappeared and those remaining will continue to diminish. This has happened with rapid growth of electronic communication which allows information transfer for sales, marketing and manufacturing. To add, well-knit distribution networks, supply chains, and transportation hubs have made movement of products easy. And the well spread networks of worldwide financial institutions reduce currency issues. Ultimately, most business professionals will in one way or another is impacted by international influences. So while individuals plan a career in business must understand the intricacies of doing business with partners from other countries. Culture, language, political systems, geography are some of the factors that influences a person?s business practices. Thus, we need to study international business to be prepared for diverse business opportunities.
Last updated:
05.02.2015