Most of the ordinary people would say businesses’ main aim is to make profit. True enough, but this may not be the case; profit is not the main priority …
Protectionism means the government interference in trade markets to protect specific industries in the economy. There are three main reason for the government …
A firm directly invests within foreign shores involves with capital, personnel and assets beyond domestic borders. The firm is responsible for the control over …
An economy owns factors of production which are used in production process. Factors of production are also known as inputs of the production process. Level of …
Licensing Through licensing, a firm (licensor) grants a foreign entity (licensee) some type of intangible rights, which could be rights to process, a patent, a …
The expression of a model can be in the form of words, diagrams, or mathematical equations, depending on the audience and the point of the model. These are the …
A firm needs to identify its potential market, locate adequate and available sources of supplies of raw materials and labor, raise initial amount of capital, …
During its early stages, international business was conducted in the form of enterprises that were owned singly or in partnerships. As the size of …
In it’s purest definition, international business is described as any business activity that crosses national boundaries. The entities involved in business …
Present Value of an ordinary annuity (Monthly/Annual investments are made to recover a large some of money at the end of n number of periods) can be found …