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Why International Business Is Important For Thailand?
Essay specific features
Written by:
Catherine J
Date added:
November 9, 2012
Level:
University
Grade:
A
No of pages / words:
2 / 337
Was viewed:
7495 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...
displayed 300 characters
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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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