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International Business Law: Sample Questions

1) How does technology affect international business?
2) What are some of the technological advances in telecommunications and transportation that have influenced global business in the last decade?
3) How have these technological advances affected Globalization?
4) Would globalization have been possible without these technological advances WHY? or Why not?
5) How does international law affect global business ventures? Should there be an international legal system? Explain your answer with references. in 850 words.

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1) How does technology affect international business?
The infusion of technology into the global business has changed the way business is done in various ways. Not only have technological devices such as mobile devices and lap tops offered more faster and efficient means of communication that has improved business networking skills globally, but other technologies such as software applications have made international business research easier more accurate, reliable and faster improving available information and development of products and services. Technologies such as PDAs and tablets have also made it easier for employees from various parts of the world working for the same company to be able to share information, chat with their peers, conference and make important information easily accessible to various key segments of the organization at once irrespective of its global location The internet has also given local businesses international status through company websites with companies utilizing social networking sites such as twitter, facebook and LinkedIn to strengthen their presence in the global market and to reach out to its customers getting immediate interactive feedback from customers. The powers of competition by larger companies have severely been reduced smaller businesses gaining bigger and bigger shares of online customers. Technology ahs also opened up occupations with jobs that were just tied down in one location being more open to a wider selection of the potential employee base to the ease in communication (Opara, 2003).

2) What are some of the technological advances in telecommunications and transportation that have influenced global business in the last decade?
Various technological advances in telecommunication over the ...

Solution Summary

This solution provides assistance with the international business law problems attached.

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