International Business 1-task2

International business 1- task2The volumes of world-wide trade have extend dramatically during the recent years . Many political and scientific changes have led to this overwhelming increase in international tradeFirst , most of the companies have discovered that their domestic grocerys are soon too narrow for them to grow . For example , many European companies currently seek new market places to trade their products in because European market does not give them possibilities for selling everything they can generate . The number of consumers in Asia is constantly increasing , and many European companies have found it very profit able to target customers in these marketsSecond , trade barriers have been reduced and rules of trade enforced by the World Trade Organization in many countries in the recent years . For example , such an important ground in the international market as China became a member of WTO , and trading with it became much to a greater extent facilitated as the solvent of this evolution . Thailand also entered WTO , and thus became another important market for foreign companies seeking for new consumers all over the worldThird , the development of technology motivates companies to look for new consumer markets .

As the result of origination of new technologies many companies are currently able to increase their volume of drudgery and thus they need new markets for their production . The development of technologies also often results in job outsourcing , which substance that some jobs from the domestic market are handed over to another countryThose companies which do not take advantage of international trading are destined to fail in the market . By exporting their production to foreign markets , they are able to increase their sales dramatically and thus become more competitive in the world marketBibliographyMercer D . Marketing , Blackwell military control . 1992Brown Seyom . International Relations in a Changing planetary System : Toward a Theory of the World Polity . Westview gouge . 1996...If you want to get a full essay, order it on our website: Ordercustompaper.com

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