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Discuss the forces that are leading international firms to the globalization of their sourcing

Discuss the forces that are leading international firms to the globalization of their sourcing

Discuss the forces that are leading international firms to the globalization of their sourcing, production and marketing.

What are the possible entry modes of a company into the international business? explain a give examples.

Is the Russian Federation part of the European Union?

What is culture and how it affects your international business operation.

How does the physical force affect the production making of a country? Explain and give an example.

The Shariah Muslim law controls the private as well as the public life fo the women. In the Western World Muslim men are starting to demand Shariah Law so the wife cannot obtain a divorce and he can have full and complete control of her. It is to some observers alarming how many western women are now marrying Muslim men and submitting themselves and their children unsuspectingly to the Sharia law. Explain the Sharia law and how it contrast to western law (our law and cultural system).

How would overpopulation affect the business environment. Would it be favorable or unfavorable? Explain.

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……………………..Answer preview………………………

Low cost of production

Cost is an important component for any business because it has a direct impact on their income statement and therefore the profitability of the firm. Labor is one of the major costs of production. In effort to reduce labor costs international firms, opt to produce in countries where labor is cheap and later on ship their products to the market ………………………..

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