Foreign Environments Affecting International Business

Businesses in general experience a wealth of issues that impact their ability to conduct business and remain successful. This is even more so the case with international business. Forces external to the company can decide whether a business is successful or fails and in particular, financial and political forces have some of the greatest impacts on today’s organizations. The intent of this paper is to discuss these forces and show specific examples of what many industries can experience when operating on a global scale.
Financial Forces
Typically businesses ride a financial rollercoaster when conducting business internationally. Currency has become one of the biggest financial hurdles to overcome when operating overseas. While this type of external force is considered uncontrollable, there are ways that businesses can mitigate negative financial hardship.
Fluctuating currency values can have both a positive and negative effect on organizations and it is crucial that financi...