Introduction to Business

Discuss: Countries like the United States that have a high standard of living are referred to as industrialized nations. Countries with a lower standard of living and quality of life are called developing countries ( or underdeveloped or less developed countries.) What factors prevent developing nations from becoming industrialized nations?

Explain what is offshore outsourcing? Why is it a major concern for the future?

Discuss: About 95 percent of the world’s population lives outside the United States, but many U.S. companies, especially small businesses, still do not engage in global trade. Why Not? Do you think more small businesses will participate in global trade in the future? Explain why or why not?

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