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About this activity

International Business

Created by

CARLOS RUIZ CHACON
CARLOS RUIZ CHACON
Colombia

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International Business

by CARLOS RUIZ CHACON
1

It is a statistical statement that systematically summarizes , over a given period of time , all the transactions of an economy with the rest of the worlds :

2

2 . They are defined as the price of one country's' currency in relation to another country's currency :

3

The cultural golden rule to internationally negotiate that consists on being flexible and willing to adjust strategies to suit local conditions :

4

7 . The cultural golden rule to internationally negotiate which relies on demonstrating integrity for building a strong reputation and avoiding legal issues :

5

The cultural golden trap in international businesses that consists on failing to comply with local laws and regulations resulting in risk of penalties , lawsuits , and reputational damage : Ignoring and requirement s

 
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