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yaroslaw [1]
2 years ago
11

Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in

having a separate course on international business." Evaluate this statement. Is it true? Why? Why not?
Business
1 answer:
insens350 [35]2 years ago
7 0

Answer:

Explanation:

Where the culture and the mode of living are completely different, international business is going beyond boundaries.

People of single culture and region are been dealt with in the domestic business, and it is easy to know what the customer needs. Many cultures are been dealt with when it comes to international business, and there is a need for product customization as per the location. This would require a team that manages these issues in each region.

Hence, when compared to domestic business, the business will be in a large mode. Thus, there is a separate course for international business which helps us to reach the heights we require to see the whole world.

Based on the explanation above, the statement given in the question is false.

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Explanation: Management by walking around (MBWA) refers to a practice in which executives get out of their offices and learn from others in the organization through casual face-to-face dialogue.

In this management style, executives pay casual, unplanned visits to staff in their work areas to understand their work environment, experience first hand their status reports instead of waiting for them to be delivered to their office. Management by walking around fosters a better work environment through better communication, a hands-on experience of the conditions of the workplace by managers as well as quick and effective problem solving.

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