How can international businesses help serve nations

Assignment Help Microeconomics

Reference no: EM133366848

Spend about 20 minutes taking an inside look into different households around the world. Review the different types of households and take notes on their standards of living.

Compare your standard of living to one of the households you examined? What were some of the similarities and differences you found?
Filter your data by one country (at the top just check one country and click ok). Compare one household with a low monthly income and another with a higher monthly income. What are some of the similarities and differences you found?
After peeking into a variety of households across the world, how do you feel about the topic? Use this space to reflect on the data.

Income is a primary factor in international business. As you can see by peeking into households around the world, international business can be very complex. Different regions of the world have vast income differences. Navigating the international business platform can be very challenging.

Questions:

1-How can international cooperation help improve standards of living throughout the world?

2-How can international businesses help serve nations that may not fit their ideal target market? For example, how can Nike or Apple serve customers that would not be able to afford their products?

3-What opportunities may be present for international businesses after looking into international households?

4-Some households have a very low monthly income. They are unable to enjoy the luxuries that other nations have. How can cooperation among nations and businesses help raise their standard of living?

Reference no: EM133366848

Questions Cloud

Explain the operation of the neoclassical growth model : Explain the operation of the neoclassical growth model and the role played by the two key determinants of growth within the model.

Explains the impact of information technology and data : Explains the impact of information technology and data analysis on improving patient outcomes. Supports the nurse's role in utilizing information technology

Record these challenging behaviours : One process that can be used to record these challenging behaviours Describe each process, and outline the steps involved. Give two examples of challenging

Discuss the importance of both marketing and financial : Discuss the importance of both marketing and financial preparation Explain what tools you would recommend for an entrepreneur to use for marketing

How can international businesses help serve nations : How can international businesses help serve nations that may not fit their ideal target market? For example, how can Nike or Apple serve customers that would

How do hallucinogens affect the central nervous system : How do hallucinogens affect the central nervous system? What determined wheathrr an LSD trip will be a good one or a bad one?

Lowest probability of a correct guess that would make : ECN 601 Grand Canyon University The lowest probability of a correct guess that would make the guessing in the final round profitable (in expected value) is

Describe the prophylactic treatment of possible pregnancy : Describe the prophylactic treatment of possible pregnancy and STIs for a victim of sexual assault

Describes the necessity for protecting patient privacy : Create a student handbook that: Explains the impact of information technology and data analysis on improving patient outcomes. Supports the nurse's role

User Account

All Pages