Fundamentals of Global Commerce and Economic Integration
What is International Business?
Definition: International business involves the integration of goods, services, technology, capital, and knowledge across national borders.
It encompasses all commercial transactions that take place between two or more regions, countries, and nations beyond their political boundaries.
These transactions include private (for profit) and governmental (profit and political) activities, such as sales, investments, logistics, and transportation.
Economic resources transacted
Read MoreUnderstanding Social Business, CSR, and Impact Measurement
Defining Social Business and Social Needs
What is a Social Business?
A social business is defined as an enterprise whose primary objective is to solve an existing social need. It utilizes economic activity as a tool to contribute to the solution of the identified need.
What is the Main Objective of Social Businesses?
The main objective of social businesses is to maximize social impact.
Key Characteristics of Social Businesses
Social businesses are a new phenomenon that does not yet have a universally
Read MoreManagement: Definitions, Objectives, Roles, and Theories
Characteristics of Management
Management is a process that concentrates on reaching specific goals by working with and through people and other organizational resources.
Management – Definition
Management can be defined as the process of reaching specific goals by working with and through people and other organizational resources.
Objectives of Management
Organizational Objectives
- Reasonable profit
- Survival of business
- Growth & expansion of business
- Improve the reputation of the enterprise
Personnel
Read MoreManagement Concepts, Functions, and Roles
Management
What is Management?
Management is a process involving planning, organizing, directing, and controlling an organization’s resources.
Concepts of Management
There are five key concepts of management:
- Function Concept: Management is what a manager does (planning, executing, and controlling).
- Human Relation Concept: Management is the art of getting things done through and with people in organized groups.
- Leadership and Decision-Making Concept: Management is the art and science of preparing, organizing,
Business Correspondence: Sample Letters & Inquiries
Business Correspondence Samples
Dispatch Confirmation
We are pleased to inform you that the consignment was collected this morning for road transport to Madrid. Should there be any breakages or any other reason for complaint, please do not hesitate to let us know. We look forward to receiving your first payment by bank transfer or cheque.
Inquiry Regarding Products
We saw your goods at the Fair in Madrid last month. We are a surf specialized company. We may be able to place large orders with you. Please
Read MoreCrafting a Persuasive For and Against Essay
For and Against Essay: A Comprehensive Guide
Paragraph 1: Introduction
Introduce the topic. State that there are arguments for and against the central idea. Conclude with a rhetorical question to engage the reader.
Paragraph 2: Arguments For
Present two arguments supporting one side of the issue. Back up at least one argument with a fact or a relevant example.
Paragraph 3: Arguments Against
Present two arguments supporting the opposing side of the issue. Use contrasting linkers to highlight the opposing
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