Question

What are the various approaches to international business?

Answer 1

Explanation:

There are mainly four IHRM approaches. These include ethnocentric approach, polycentric approach, geocentric approach, and regiocentric approach (Wall et al, 2010).

Answer 2

Answer:

The various approaches to International Business.

Explanation:

International Business is the leading exchange of goods and services with, knowledge prohibited and resources, skills and companies.

This particular exchange is among the individuals or group businesses in different countries.

There are these four approaches,

(1) Ethnocentric approach

(2) Polycentric approach

(3) Re glocentric approach

(4) Geo centric approach, which are highly managed to look for the international business in various countries, including India.

Understanding these approaches in detail is a part of its process to lead one international approach.