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International Business essay - Coursework Example
International business concerns international trade. Nowadays, most companies do business worldwide. The reasons are various, among them are the contacts that people have over a wide range of countries. These contacts enable people to acquire more products and services and have access to various resources.
The competition is increased globally since companies look for the best suppliers offering high quality at low prices, search for international human talents and acquire the best possible know how in order to satisfy better their customers' needs.
As a result of the above mentioned the cooperation of countries is expanded. The countries understood that may gain reciprocal advantages, they can react to problems better when they work together with other countries rather than trying to solve the problems alone. Lastly, the countries with globalization main deal with issues e.g. environmental issues that are not in their territory.
2. After summarizing the positive and negative aspects of offshoring, state whether you support or are against offshoring and why. Include any experiences you or someone you know has had in which offshoring is affected.
"improvements in technology will have as a result the need for fewer employees to accomplish the same task/work, particularly for the less skilled jobs that are easiest to offshore". (Hackos, 2004). ...