International Business Management

Understanding the International Business Environment The expansion and growth of any business organization is possible when it expands across national boundaries. International business is essential, …

Ethical Governance of AI Ethical governance of artificial intelligence is the framework, policies, and regulations that ensure the application or use of AI with safety, …

Trade Bloc A trade bloc is an intergovernmental agreement where two or more countries come together to form an accord regarding trade that is favourable …

Tools of Environmental Analysis The businesses always make internal and external business analysis. the internal business analysis studies the factors which are under the control. …

Comparative Advantage Theory  Excellency in international business can be done through comparative advantage theory which uses the opportunity cost to determine the appropriate produce the …

Absolute Advantage Absolute advantage theory was invented by an economist Adam Smith in his “The Wealth of Nations in 1776. This theory describes how one …