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Cultural Issues and Ethics in International Business

In: Business and Management

Submitted By newyorktimes
Words 1481
Pages 6
Cultural Issues and Ethics in International Business
Introduction
The expansive and unstoppable process of globalization has forced employers to form their ability to trade and negotiate with the outside world. However, it is important not only they are immersed in this subject, your staff, or one who is qualified to do so, you should also have access to the most significant aspects of foreign trade, logistics, and the impact. Companies are not limited to conduct private and government operations locally, but also with other countries. Precisely what we call international business is the relationship between an organization and its external world (Maddox, 1993). This type of activity also involves foreign trade and international, which includes transactions such as exports, imports, investments, or financing that are performed worldwide. Among the success factors that can be mentioned in the international business operations are competitiveness, financial support between the parties and logistics. This aspect is very important because when the actors involved are from different countries or regions, the business success is more complicated. In analyzing the economy, we must review the dimension that transcends the borders of a country, i.e. which addresses the problems international economic purposes (Maddox, 1993). The importance of international relations in trading, politics or culture has reached a global level, a deeper meaning that one cannot speak only about goods but also exchange programs of integration. The international economy requires to study the problems of international economic transactions. Therefore, when we talk about international economy is talking about the international trade factors. International business is the exchange of economic goods that takes place between the two or more nations in a way that rises the outflows...

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