Description
Explain and analyze the external factors on or of international business (e.g., political, legal, economics, culture, etc.) and how these may impact business.
Write 2 full pages of text, not including the cover page and references. Minimum of 3 references are required.
No Wikipedia, BLOGS with ads from yahoo.com or Google.com, UKEssay.com; www.buzzle.com, study.com or site that may present a biased opinion and high SafeAssign.
Explanation & Answer
Attached.
Running head: EXTERNAL FACTORS AFFECTING INTERNATIONAL BUSINESS
External Factors Affecting International Business
Institutional Affiliation
Student’s Name
Date
1
EXTERNAL FACTORS AFFECTING INTERNATIONAL BUSINESS
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Introduction
International business refers to transactions of goods and services from one country to
another. This trade takes place between individuals, government agencies, and business firms.
There are several external factors that, although they are not controllable in any way by a business,
they can significantly impact the business in a particular region or country. Some of the external
factors include political, legal, cultural, and economicamong others. This paper critically analyses
the external factors above and how they impact international business.
External Factors Affecting International Business
Values are a way of life, and it encompasses our eating, dressing, mode of interaction,
among others. This aspect differs from one state to another. For insta...
