Barriers and Challenges Within the Global Business Environment


  • Unit No:
  • Level: High school
  • Pages: 10 / Words 2494
  • Paper Type: Essay
  • Course Code:
  • Downloads: 668
Question :

This assessment will cover following questions:

  • Discuss and give examples of how the growth in international trade is impacted by the factors affecting global economy.
  • Evaluate how the global business environment impacts the growth and development of international business.
  • Explain global business environment with example of how the growth in international trade is affected by factors of global economy.


Answer :

International Business:

International business involves cross-border transactions which are related to goods as well as services between two or more countries which is also known as globalization. Globalization has grown due to advances in transportation as well as communication technology. Globalized companies will increase global interactions which comes with the growth of international trade, culture and ideas. In respect of that, the essay will explain and give examples of how the growth in international trade is influenced by factors affecting the global economy and analyse how the global business environment influences the growth and development of international business.

Need to Consult Directly With Our Experts?

Contact Us

Globalization is the word that is used to describe and explain the growing or interdependence of the world's economics, culture and populations which has brought about cross-border trade in goods and services. The international monetary fund is identified in four basic aspects trade and transactions, capital investment movements, movement of people and dissemination of knowledge integration (Doh, Luthans and Slocum, 2016). There are a number of indicators present that show the growing importance of globalization, such as capital movements and foreign direct investment, international trade and economic activity of international firms, employment and internationalism of dissemination of technology. The indicators on capital investment and foreign direct investments. Economic globalization increases economic interdependence between various national economies that are across the world through a rapid increase in the cross-border movement of goods and services, technology, and capital.

The key indicators of globalization include international trade, technological advancement as well as international investment. There are explained main drivers of globalization are technological drivers, market, cost, and competitive and political drivers. The phenomenon not only has economic consequences but also has social, political, cultural and legal aspects (Bedianashvili, 2016). Technology gives shapes and sets the foundation for modern globalization. Technological drivers, With the help of technology businesses, are able to make innovative products and services for the company to meet success in the global market. The main and rapid growth of the internet is the use of the latest technological drivers which are creating global e-business and e-commerce. Market drivers, as the domestic markets become more and more effective which are create opportunities for positive growth for the company to overcome these situations (Three types of Trade Barriers, 2018). For customer needs or opportunities use global marketing channels and transfer marketing for extent incentives to selected internationalization. The cost driver is sourcing costs vary from country to country and global companies can take effective and valuable advantage of this fact. Competitive driver, in the global market, having global intercompany to increase competition. This creates the strongest interdependences among the countries and high two-way trade which supports business at the international level.

Barriers of Globalisation

Barriers to globalization have gives impact on the business at the global level. Those are here explained in a proper manner such as technological barriers, ethical barriers, economic barriers, cultural barriers and legal barriers. Trade barriers are included in economics because trade barriers affect directly the economy of the country in a negative manner (Tallman, Luo and Buckley, 2018). These barriers government government-induced restrictions on international trade. This includes tariffs, import and export licences and other factors. The tariff is a related world of tax and non-tariff is a barrier to trade and can take many forms. This may include subsidies to domestic producers, import quotas, special packaging and labelling regulations. For example: increasing the rate of tax on imported goods creates an impact on the

Download Full Sample
Cite This Work To export references to this Sample, select the desired referencing style below:
Assignment Desk.(2024) Barriers and Challenges Within the Global Business Environment Retrieved from:
Copy to Clipboard
Barriers and Challenges Within the Global Business Environment Assignment Desk ,(2024),
Copy to Clipboard
Assignment Desk (2024) Barriers and Challenges Within the Global Business Environment[Online]. Retrieved from:
Copy to Clipboard
Assignment Desk Barriers and Challenges Within the Global Business Environment. (Assignment Desk, 2024)
Copy to Clipboard
Assignment Desk Barriers and Challenges Within the Global Business Environment. [Internet]. Assignment Desk.(2024), Retrieved from:
Copy to Clipboard
Struggling with writing assignments? Take our academic writing services to resolve your problems. We not only provide online assignment help but also various other services like thesis, dissertation, and essay writing services. If you have any doubts about our experts, then we suggest you check our “Samples” before seeking dissertation help from us. Our experts can ease the complexity of your work. All you have to do is ask, “Can you do my assignment?”
Boost Grades & Leave Stress

Share Your Requirements Now for Customized Solutions.

Lowest Price

    Delivered on-time or your money back

    100+ Qualified Writers

    For Best Business Environment Assignment Help

    View All Writers
    FREE Tools

    To Make Your Work Original

    • tools Paraphrasing Tool

      Check your work against paraphrasing & get a free Plagiarism report!

      Check Paraphrasing
    • tools Plagiarism Checker

      Check your work against plagiarism & get a free Plagiarism report!

      Check Plagiarism
    • tools Dissertation Outline Generator

      Quick and Simple Tool to Generate Dissertation Outline Instantly

      Dissertation Outline Generator
    • tools Grammar Checker Tool

      Make your content free of errors in just a few clicks for free!

      Grammar Checker
    • tools Essay Typer

      Generate plagiarism-free essays as per your topic’s requirement!

      Essay Typer
    • tools Thesis Statement Generator

      Generate a Compelling Thesis Statement and Impress Your Professor

      Try Thesis Generator Tool

    Professional Academic Help at Pocket-Friendly Prices!

    Captcha Code refresh

        Estimated Price

        USD 6.32 25% OFF
        Total Price USD 6
        182532+Delivered Orders 4500+PhD Writers 4.8/5Client Rating

        AD whatsapp

        Limited Time Offer

        Exclusive Library Membership + FREE Wallet Balance