Running head: FUTURE OF INTERNATIONAL BUSINESS
Future of International Business
American International College
Concepts of Business Data Processing
Prof. Oliver Lane
This research will enter into the world of International Business. The future is moving at a face pace, the advances in technology have made the world smaller and less distant. Since late 80’s early 90’s the internet has revolutionize how the world communicates, it has globalized. Who would think, that nowadays in the 21st century you can talk basically from anywhere through your computer (video conference) or phone (cell phones). The future is now, what else would it bring. The content in this research will give you an overview of the present, and were we are heading.
International business is a term used to collectively describe all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more nations. Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons.  International business areas includes legal systems, political systems, economic policy, language, accounting standards, labor standards, living standards, environmental standards, local culture, corporate culture, foreign exchange market, tariffs, import and export regulations, trade agreements, climate, and education. Business need to keep up with supply and demand. Globalization interchanges the ideas between countries searching for a better future for their people. Globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors.
Past of International Business:
Henry Ford, (July 30, 1863 – April 7, 1947) was the American founder of the Ford Motor Company and father of modern assembly lines used in mass...
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