Question

do you think that study of international business environment is relevant for the managers.give your arguments and explain the economic and financial environment of international business

Answer 1

It is essential as all companies, now will be impacted by the global environment as a customer, supplier, licensee, collaborator or an investor. This study equips you with the analytical insight to understand the global environment, and make decisions that are in tandem with the changes that come up in the environment.

However one should be prepared to understand that scanning and understanding environment is a 24X7 business, as the global complexities change the environment form time to time.