scholarly journals GLOBALIZATION AND ITS IMPACT ON INTERNATIONAL BUSINESS

2019 ◽  
Vol 7 (1) ◽  
pp. 256-265 ◽  
Author(s):  
Rabiul Islam ◽  
A. Fakhrorazi ◽  
H. Hartini ◽  
Md. Abu Raihan
Keyword(s):  
International Business ◽  
Business Environment ◽  
Technological Advancement ◽  
Goods And Services ◽  
Cross Border ◽  
Business Executives ◽  
The Subject ◽  
Business Entities ◽  
Vast Range

Purpose of the study: The aim of this paper is to boost the knowledge regarding globalization and its impact on international business. International business is a vast range of business activities involving the exchange of goods and services among individuals and businesses across national borders. In conjunction with the galloping of globalization, international business has been a topic among business executives and has drawn the attention of all industries. Methodology: Data for this study were obtained from existing literatures on the role of globalization and its impact on international business. The methodology relied on existing previous literature on the subject being dealt with. Findings: Globalization in the international era and the contrasts between countries result in both opportunities and threats to international businesses. Therefore, all business entities need to bear in mind and take notes on any changes in the globalized business environment when executing any adjustment and resolution and in administering current international operations. Implication: The present study broke down how the various types of globalization affected international business. A firm’s competency to trade goods and services internationally, transfer their production to other countries, and pick up the knowledge from abroad on the efficiency of operation. It has been growing due to the technological advancement, rising earnings, liberalization of cross-border movements and cooperative arrangements among nations.

scholarly journals Theoretical approach of the international business environment

2021 ◽  
Author(s):  
Nicolae Țău ◽  
◽  
Ibrahim Mustafa Sharfeldin Mohammedelkhatim ◽  
Keyword(s):  
International Business ◽  
Theoretical Approach ◽  
Business Environment ◽  
Large Field ◽  
Huge Number ◽  
Knowledge And Skills ◽  
Goods And Services ◽  
National Boundaries ◽  
Definition Of

The definition of international business is related to commercial transactions that occur across country borders. The exchange of goods and services among peoples and businesses is organized between multiple countries. The term is composed of two words; International has many meanings, among them external and global. The word Business has also various senses such as trade, transaction and commercial relations. This huge number of words and concepts describes the large field of affairs. International business means the exchange of goods, services, resources, knowledge and skills among other things between two or more firms and/ or countries. It can also denote the trade conducted across national boundaries for the profit of all parties connected on an industry. It refers to negotiated commerce and investment performed by firms across boarders functioning together at several levels.

THE ROLE OF LAW ENFORCEMENT INSTITUTIONS IN PREVENTING AND COMBATING THE CRIME OF HUMAN TRAFFICKING

2020 ◽  
Vol 136 (4) ◽  
pp. 258-272
Author(s):  
ANETA ŁYŻWA
Keyword(s):  
Law Enforcement ◽  
Special Role ◽  
Legal Regulations ◽  
Human Beings ◽  
Effective Prevention ◽  
Cross Border ◽  
The Subject ◽  
Operational Activities ◽  
Polish Law

The subject of this study is the characteristics of Polish law enforcement authorities in the fi eld of preventing and combating the crime of traffi cking in human beings. The author points out that, based on existing legal regulations in Poland, the foremost burden related to prevention and prosecution activities of this type of crime lies within the scope of duties of the prosecutor’s offi ce, the Police, and the Border Guard. Thus, the article is devoted to a concise description of the indicated entities in terms of their legal instruments which make it possible to effectively implement the tasks and duties imposed by law and regulations upon the institutions. In the author’s assessment, the key role in the system is played by the prosecutor, who is the only authority sanctioned to make decisions on initiating the investigation and entrusting its conduct in its entirety or the indicated scope to other authorities, primarily the Police or the Border Guard. The prosecutor’s special role also results from the fact of being solely entitled to draw up and support an indictment in court in cases involving traffi cking in human beings. Nevertheless, according to the author, in practice, the main responsibility to carry out procedural and operational activities in this category of cases lies with the Police and Border Guard. The author points out that, at present, the Polish law enforcement system has appropriate instruments, both at the legal and institutional levels, ready for the effective prevention of and combat against crimes of human traffi cking. However, bearing in mind that the phenomenon of human traffi cking has, in principle, a cross-border dimension, the article highlights the aspect of international cooperation between the relevant institutions established to detect and prosecute these crimes.

scholarly journals THE ROLE OF CROSS-CULTURAL COMMUNICATIVE COMPETENCE IN THE BUSINESS SPECIALISTS’ PROFESSIONAL TRAINING

2016 ◽  
pp. 200-205
Author(s):  
T. Yu. Osadchaya
Keyword(s):  
International Business ◽  
Intercultural Competence ◽  
Professional Training ◽  
Communicative Competence ◽  
Business Environment ◽  
Business Professionals ◽  
Professional Performance ◽  
Intercultural Interaction ◽  
Modern Business

The paper discusses the importance of intercultural competence for future international business professionals. This competence becomes increasingly popular today because in terms of integration and globalization, it affects the person’s professional performance in the modern business environment. The paper explores the nature and content of the phenomenon of intercultural competence of a specialist in the field of Economics and Business, defines the role and importance of studying the main characteristics of the world business cultures for efficient intercultural interaction.

scholarly journals The Impact of Investment in Human Capital on the Exports of Goods and Services

2021 ◽  
Vol 2 (2) ◽  
pp. 161-192
Author(s):  
Samina Siddique ◽  
Zafar Mahmood ◽  
Shabana Noureen
Keyword(s):  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Developed Countries ◽  
Business Environment ◽  
Least Square ◽  
Goods And Services ◽  
Foreign Countries ◽  
The Impact

With the growth of services economy worldwide, it has become essential for policymakers to comprehend the export competitiveness of nations to identify offshore export locations or alternatively offer their own sites as an exporting location. Human capital investment is considered as a key component in attracting foreign countries for outsourcing purposes. Earlier studies have shown mixed role of human capital investment on off shoring activities. This study assesses the effects of control variables (business environment, wages and IT infrastructure) and human capital investment on export of goods and services from the selected Asian outsourcing countries. Panel Estimated Generalized Least Square (EGLS) technique is used with country weights to specifically overcome the problem of autocorrelation. Empirical findings show that investment in human capital is significant for both goods and services exports. We found a large impact of human capital investment on exports of goods and services in selected Asian countries as compared to selected developed countries. Empirical findings further suggest that human capital is more essential for export of goods than export of services. From these findings, the study draws important implications for policymaking in countries who intend to offer themselves as an attractive location for exporting and for those who intend to locate their production activities overseas.

scholarly journals THE ROLE OF GOVERNMENT ON POLITICS AND INTERNATIONAL TRADE

2019 ◽  
Vol 7 (3) ◽  
pp. 642-650
Author(s):  
Rabiul Islam ◽  
Salwani Arbak ◽  
Mohd Hasanur Raihan Joarder
Keyword(s):  
Political Economy ◽  
International Trade ◽  
Role Of Government ◽  
Goods And Services ◽  
The Subject ◽  
Political Intervention ◽  
The Government ◽  
Global Exchange ◽  
Basic Position

Purpose of the study: The aim of this study is to discuss the role of government on politics and trade. Political economy brings the production and exchange of goods and services that are parallel with the country’s law. The government plays a massive role because if it is not effective then the trade profitability will be decreased. Thus, political intervention is needed to protect the development of economy, sovereignty, and citizens of the state. Methodology: The data for this study were obtained from existing literatures on the role of government on politics and international trade. The methodology relied heavily on existing literatures on the subject being dealt with. Result: Political economy on international trade enables the cheap production and import of goods and services in the country. This is because international trade does not limit to commodities as they are produced by only some countries. Finally, political economy can be surveyed by comprehensively gathering political aspects, such as national policies and their administration, and this will take a basic position on the existing and ideal financial models, organizations, and related policies which are being formulated by micro- and macro-economic agendas. Implication: The interest for the political economy of trade arrangement is the complementary impact of global exchange on local and worldwide legislative issues.

scholarly journals Predicting The Role of Entrepreneur Strategies on Improving Cognitive Positioning in Global Business

2020 ◽  
Vol 9 (4) ◽  
pp. 92
Author(s):  
Diyar A. Mustafa Khoshnaw ◽  
Ari A. Hameed
Keyword(s):  
Field Testing ◽  
Business Environment ◽  
Global Market ◽  
Global Business ◽  
Rapid Changes ◽  
Intellectual Assets ◽  
The Subject ◽  
Current Area ◽  
Traditional Competition

The current area characterized with strong competition, the changing pattern of the business, move the value from physicals to knowledges and information, and the shift of the benefits from traditional competition cognitive and intellectual assets, most of the organizations are looking for new methods to achieve a state of leadership and uniqueness in the global market in order to develop the competition.The current study aimed to identify the role of Entrepreneur Strategies on improving cognitive positioning in the global business area. Moreover, field testing of the views of leaders as a sample of foreign organization operating in Erbil - Iraq, where these dimensions vary in their effects towards the competitive position in global business sector, because of rapid changes in the global business environment as a result of increased competition, as well as the variation of the capacity of the organizations in the adoption of competitive as one of the modern models in the conduct of organizations. This is why the subject of entrepreneur strategies and cognitive positioning in global business became under the attention of many researchers and scholars being of contemporary themes with impact on the performance of organizations in pursuit of excellence on others, prompting the researcher to choose these subjects to be his field for study.

scholarly journals MANAGING ECONOMIC SECURITY OF AN INTERNATIONAL VENTURE: A PSYCHOLOGICAL PERSPECTIVE

2021 ◽  
pp. 57-66
Author(s):  
Yevheniia V. Voroniuk ◽  
Karina V. Satusheva
Keyword(s):  
Cultural Values ◽  
International Business ◽  
Corporate Culture ◽  
Market Competition ◽  
Effective Interaction ◽  
Business Environment ◽  
Economic Security ◽  
Successful Implementation ◽  
Theoretical Concepts ◽  
Business Entities

This article seeks to provide argument that effective performance in modern realia of business and management is impossible without understanding the socio-psychological processes that accompany entrepreneurial endeavours. Further development of market competition in the national economy, its inclusion in the system of global economic relationships, aggravation of internal barriers to successful implementation of economic reforms significantly raise the issue of exploring a psychological aspect of economic security of businesses, and in international ventures, in particular. An emphasis is put that the roots of genesis and evolution of economic psychology refer to radical changes, especially changes occurred in the economic paradigm and attitudes towards ownership for the means of production in the first place, as well as the emergence of new economic actors. Apart from that, pressing globalization trends, changes in political and economic patterns, as well as rapid technological advances in society have greatly affected socio-cultural values of the population. However, even the very speed and extent of global change faced by modern society depends on psychological characteristics inherent in different social groups. Different psychological patterns and perspectives that drive the development of business environment world-wide have created a new background for shaping and launching new economic security strategies for international business entities and ventures. The findings have verified that business economic security directly relates to management's understanding of the needs and the specifics of business structure and their alignment with the personal goals of the leader. Moreover, business operation of economic entities, both in the external and internal environment, encourages them to search for the new pathways and raise awareness of the need for effective interaction between the internal corporate culture and its organizational structure, ensuring and managing economic security and values of international markets. To attain the above objectives, a thorough research on the international business environment is of critical significance. It is argued that deep insights into psychological factors driving drastic change in the politicians’ perceptions of the need to make a shift from a planned socialist paradigm to a market economy, exploring the psychology of transformation of the theoretical concepts from Marxist political economy to Western market theories will facilitate better understanding of the nature of economic security of international ventures.

The Role of Living Labs in the Process of Creating Innovation

2017 ◽  
pp. 81-100
Author(s):  
Anna Maria Sabat ◽  
Anna Katarzyna Florek-Paszkowska
Keyword(s):  
Research Process ◽  
Development Stage ◽  
Goods And Services ◽  
Living Labs ◽  
The Subject ◽  
Research Questions ◽  
The Impact ◽  
Innovation Generation

The paper is based on the research carried out into Living Labs in Canada. The aim of the paper is presenting the essence of Living Labs as a concept facilitating innovation generation in businesses thanks to the cooperation of various actors, e.g. producers with users, inspiring the process of the development of new goods and services. The research questions raised pertain to the clarification how Living Labs create innovation in businesses. The Living Labs functioning in the Ontario region were the subject matter of the research. The described case study is theorygenic in character because of the early development stage of the knowledge. During the research process the multi-directional nature and the impact dynamics of the idea of Living Labs among peer partners of innovative processes have been noted, emphasizing the prosumer idea as well as the possibility of businesses cooperating in Living Labs.

Deal Structures

2016 ◽  
Author(s):  
David Kershaw
Keyword(s):  
Third Party ◽  
Final Part ◽  
Publicly Traded ◽  
Publicly Traded Companies ◽  
Advantages And Disadvantages ◽  
Cross Border ◽  
Control Schemes ◽  
Different Types ◽  
The Subject

This Chapter considers the nature and characteristics of different deal structures: the different ways in which a control transaction can be effected. It commences with an analysis of asset deals, which - although we do not encounter in the context of the takeovers of publicly traded companies which are the subject of this book – assist in understanding the nature of other deal structures as well as understanding the ways in which deal risk can be managed and, to a limited but important extent, assist in understanding certain Code rules. The Chapter then considers direct share offers (otherwise known as contractual offers). It analyses their structure as well as the corporate, Listing Rule and third party approvals required to effect a share deal. It also considers the use of compulsory acquisition powers to acquire all the shares in the company following the contractual offer. The Chapter then considers the use of Schemes of Arrangements in control transactions. It details the different types of control schemes, namely transfer schemes and merger schemes, and considers their advantages and disadvantages as compared to contractual offers. It analyses the different stages of the scheme process and the role of the courts in each stage. The final part of the Chapter considers the operation of the UK’s cross border merger regime, introduced to implement the European Union’s Cross Border Mergers Directive.

International Business and the Development of British Electrical Manufacturing, 1886–1929

2017 ◽  
Vol 91 (1) ◽  
pp. 31-70 ◽  
Author(s):  
Robert Fitzgerald
Keyword(s):  
World War I ◽  
International Business ◽  
Business History ◽  
World War ◽  
Firm Level ◽  
Cross Border ◽  
Political Landscape ◽  
International Operations

British electrical manufacturing provides important insights into international business history and demonstrates the key role of cross-border networks and agreements in its emergence. This article analyzes the factors that shaped phases in the industry's development and international operations. In doing so, the article reappraises electrical manufacturing's early decades in Britain; it shows how a changing political landscape transformed the strategies and ownership of firms, and reevaluates the industry's restructuring during World War I and its immediate aftermath. Further, the article questions accounts of British electrical manufacturing's failure in the 1920s and discusses the return to strategies of cross-border networks and agreements. Finally, it considers the lessons of British electrical manufacturing's emergence and subsequent consolidation, weighing the influences of firm-level, national, and international factors.

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