Strategic Options include a set of strategies that helps a company in achieving its organizational…

Standardization and differentiation are the two sides of globalization. By standardization, we mean to show…

Here is a list of some compulsions that a global business might have to face −…

To survive in the world of cut-throat competition, companies must sell their products in the…

There are four major trade blocs in current times that have the reputation and will…

The disadvantages of having a Regional Trading Bloc are as follows − ●      Regionalism − Trading blocs have bias…

The economic importance of international business is discussed below. The points below highlight the importance…

The advantages of having a Regional Trading Bloc are as follows − ●      Foreign Direct Investment − Foreign direct…

A regional trading bloc (RTB) is a co-operative union or group of countries within a…

Business firms abide by the rules and regulations formed by the government. The government assumes…