Question

Focus on clear and crisp writing, with proper grammar, punctuation, and syntax. Each question should be around 500 words.

Put the emphasis on quality over quality.

Tell me what you think – and why! Always substantiate your response with evidence.

Provide relevant examples from (books, lectures, WSJ), your other courses, outside experience, etc.

Q#1 Detail (7) specific differences between global and domestic business and provide concrete examples of each.

Answer 1

the business which is done within the territorial boundary of a country is a domestic business whereas the business which is done outside the geographical territoy of a country with other country is global business. basically global business is engaged in economich transactions between/ among other countries.

the business happens inside the geographical boundaries of the country use one currecy for the transactions on the other hand more than one currency is invoolved when it comes to the dealing with the global business.

example ; domestic business is transporting of rubber from one state to another within the territoy of the county.

single currency. within the territory. les capital investment

while trading between two or more countries is global transaction . for instance coca cola.They spread their branches all over the global. not restricted to one particular territory but have dealings with other countres too.

or mercendes they not only available in their homeland but also made themselves available to the other part of the world.