Why International Business Is Important For Thailand?

Essay specific features

 

Issue:

Business

 

Written by:

Catherine J

 

Date added:

November 9, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 337

 

Was viewed:

7424 times

 

Rating of current essay:

 
Essay content:

They also get lot of benefits such as avoiding transport cost, seeking the lowest cost and escape trade tariffs. For Thailand, there are many reasons why international business is important as follow: First of all, it increases employment rates. In a highly competitive world, companies seek to reduce their costs as much as possible...
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Well know examples of international business like McDonald’s, Coca Cola, Toyota and LG. Many foreign companies locate in Thailand in order to get low cost location for their production facilities or be attracted by skilled or cheap labors. In turn, it generates jobs and income that lead to improve the living standard of Thai people...
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