commercial colonialism
commercial colonialism
commercial colonialism
Why are factories being built in latin America by foreign countries.
commercial colonialism
It is called mercantilism. Mercantilism is an economic system where a country seeks to maintain a positive balance of trade by controlling imports and exports, building a strong military force, and supporting local rulers who can help achieve economic goals.
outsourcing to foreign countries
Yes, it is a normal practice now, particularly in IT industry. Not only that, the foreign companies also take jobs of US companies via agent to foreign countries - ooffshoare.
Controlling trade in other countries, expanding borders, getting evolved in foreign affairs, and using military to enforce ones ideals.
One ethical consideration that affects business practice in foreign countries is respecting cultural differences. Companies must be mindful of local customs, norms, and values to avoid offending the local population or causing harm. Additionally, ensuring fair treatment of workers and adherence to international labor laws is another important ethical consideration in foreign business operations.
A firm with over 10% of foreign ownership and the movement of long-term capital to finace business activities abroad, with foreign investors controlling at least 10% of the enterprise.A multinational enterprise is a firm that has productive capacity in a number of countries. The profit and income flows that they generate are part of the foreign capital flows moving between countries
they relied heavily on the foreign exports of rice and tobacco.