ARBUS101 Chapter Notes - Chapter 3: Foreign Direct Investment, Contract Manufacturer, Canadian Business
26 Oct 2016
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Document Summary
The dynamic global market: 90% of businesses believe that having employees working globally in other countries is important (ex. > in result companies only want to insure that they take advantage of opportunities and minimizes threats. Canada companies face aggressive competition from exporters around the world who have the same objective of growing their business. To get good that are not viable locally. Free trade is the ideal sanario without political or economical obstruction. No country can produce all the products people want/ need. Even if the country is self suf cient - other countries would seek to trade with that country to meet the need of their own people. Enables nations to produce what it most capable of producing and to buy what it need from others in a mutually bene cial exchange relationship . Is the movement / exchange of goods and services among nations without political or economic barriers.
