Category: International Business

Introduction This research ought to identify the current International trends in the outsourcing process along with its various subsets. The reason why the BPO industry is progressing and expanding is due to Innovation, technological advancement, and competition internationally. Increasing competitiveness from new outsourcing destinations along with the pressure on businesses to operate cost-efficiently is the…

Traditionally, international business is defined as a business that engages in international economic activities. It can also refer to the action of doing business abroad (Peng). Many businesses are either international or are domestic businesses competing against international businesses. Having a good understanding of what international business is can help business owners make better decisions,…

Globalization as a process is characterized by the fact that international business is developing practically in all countries of the planet and all of them depend on it. The results of this are ambiguous, on the one hand, the country enjoys all the benefits and opportunities, but on the reverse side – the payment for…

Whether you are just starting a business, or have been operating one for years, understanding the basic concepts of business is essential. Knowing the key terms and ideas within the business world can help you make informed decisions and increase your chances of success. Here, we will discuss why understanding business concepts is so important…

Singapore is an island with a 5.6 million multicultural population and located at the southern tip of Malaysia. Singapore imports 90% on food consumption. This is because Singapore owns limited land available for agriculture and the people mostly depend on the external sources for agriculture products. Also, the export of agriculture products to Singapore helps…