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Globalisation in Tanzania

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Globalisation in Tanzania
LSC

LONDON SCHOOL OF COMMERCE

MODULE: INTERNATIONAL BUSINESS

SEMISTER: BA 4(GROUP A)

SUBMISSION DATE: 5TH DECEMBER 2011

DONE BY: * ALFAT D. DATOO……………L0043AAAA1010

SUBMITTED TO: DAVID MWAURA

CONTENTS 1. INTRODUCTION -Background of international trade in Tanzania............page 3 2. ANALYSIS
-World bank and IMF influence in international business...............................................................page 4
-Positive impacts of Globalisation to the international business..............................................................page 4
-Negative impacts of Globalisation to the international business..............................................................page 4 to page 5 3. RECCOMENDATION...........................................page 5 to page 6 4. CONCLUSION....................................................page 6 to page 7 5. REFERENCE........................................................page 7 to page 8

GLOBALISATION AND INTERNATIONAL BUSINESS

INTORDUCTION
INTERNATIONAL BUSINESS.
According to Hill (2001) international business is when a firm engages in selling and buying from other country outside the geographic boundary. It means when a country export or imports from other country. It doesn’t mean that a company has to become multinational enterprise, or a company having foreign direct investment although multinational firms are also international business.
THE BACKGROUND OF INTERNATIONAL BUSINESS IN TANZANIA.
According to www.state.gov,Tanzania is one of east African country that has a population around 35million people approximately. Tanzania is one of the free trade countries that have fewer barriers towards international trade. Most of privately owned and public firms in Tanzania import and export from other country.
The major exports according to balance of trade are coffee ,cotton ,tea, sisal, cashew nuts, tobacco, flowers, seaweed that includes

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