Costs of doing business in a particular country


Problem:

What technological advances in telecommunications and transportation have influenced global business in the last decade? How have these technological advances affected regional economic development? What trends may be anticipated in these areas? Would globalization have been possible without these technological advances?

Discuss how culture, language, and religion might influence the costs of doing business in a particular country. Support your statement with examples.

Discuss the following theory: The study of global business is relevant if you work or plan to work in a large multinational company, but it has little or no significance for individuals who work in smaller national firms. Do you agree or disagree? Defend your argument with at least two supporting statements.

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International Economics: Costs of doing business in a particular country
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