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INB 205 Wk 9 Capstone Discussion Question

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Capstone Discussion Question
Due Date: Day 3 – Wednesday – 9/09 [Main forum]
Post your response to these questions: In what ways has this course
changed how you view international business dealings? Which topic was
most relevant for you, and how will you apply what you have learned?
I never realized how in depth and complex international business dealings are. From
considering currency exchange rates to creating an international strategy the variety
seems limitless. The information regarding international market analyses seems to be the
most important in my opinion. If a company receives an incorrect analysis they could
invest money on a venture that will more-than-likely fail due to unidentified factors;
however, a correct analysis will inform the company about all of the elements which exist
that may affect their ability to succeed. This information will help me as an investor make
informed decisions as to whether or not I should invest in a specific market.
I have always looked at companies going overseas as taking jobs away from us in the US.
I now realize the profits that can be made for going international. Expanding the business
to other countries will give the company more customers. I am still against companies
moving to other countries for cheaper wages but I am for the company expanding. There
are several areas that a company has to look into and understand before making the
decision. If the company does not do the proper research, it could be a total failure.
This course has opened my eyes as far as how international business, and how it operates.
I have learned a lot during these last 8 weeks, and look forward to the next lesson. I have
walked away with a better understanding, and comprehension of the material at hand. I
hope to further my education in this topic, as international business is critical to success
with the modern age comes to terms with new and better ways to conduct business.
This course has introduced me to a beginning understanding as to how the components of
international business actually work. All aspects of this course have proven relevant for
me because I been afforded the opportunity to realize as to how the practice of
international business directly affects the domestic market of existence. Without
international business, the base of trade would not have a purposeful direction. The US
dollar has continued to influence the way foreign exchange is affected. Today's business
world is clearer to me as to why things are as they are because of this course.
Before this class I had not realized how much more productive a company can be by
becoming international. There is so much more to going overseas than just relocating.
Being able to do the research for the company to prepare is much more involved than I
would have anticipated.
Now knowing all of the details involved with a company going international is something
I will be able to take with me and use in the future.
When I first entered this class I didn't really have a good idea of what to expect from an
international business course. I knew that international business was important to how

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