How the Market Forces Determine the Business Decision and Organizational Response
Myanmar noble college
Student Name-Lin Lai Lai Phyu
Student ID NO-1HND-B0003-03
Subject- Business environment
Class-Business Year I, Semester I
Assessor name-Daw thi thi khin
Market forces and international trade in UK
Task1
Illustrate how the market forces determine the businesses’ decision and organizational responses. Judge how the business and cultural environments shape the behaviour of UK economy.
Task2
Discuss the importance of international trade on UK businesses.
One of the biggest challenges for business organizations in the UK is learning how and where to trade overseas. In an interdependent world, international trade is an economic necessity. there are marked differences between trading in a national economy with known markets and known parameters, and trading on an international basis. Business organizations require support to enter markets as well as to sustain their activities.
Within the UK, British Trade International provides dedicated market support including: * advice/information services for initial market research * professional help from export promoters who have widespread export experience * information on various methods of conducting business in a specific country * help with meeting language and cultural requirements * assistance in bringing key contacts to the UK * helping UK organisations market themselves overseas, including grants for visiting countries and exhibiting at international trade shows.
British Trade International’s Export Market Information Centre possesses an extensive range of publications and statistics relating to businesses worldwide. It may be accessed in person, by telephone, fax or e-mail. Making the most of IT and the Internet is another major step in improving services to UK businesses.
A presence in overseas markets will help business organisations to achieve: * increased growth leading to the benefits of economies of scale - * larger production runs reduce costs * a competitive
Student Name-Lin Lai Lai Phyu
Student ID NO-1HND-B0003-03
Subject- Business environment
Class-Business Year I, Semester I
Assessor name-Daw thi thi khin
Market forces and international trade in UK
Task1
Illustrate how the market forces determine the businesses’ decision and organizational responses. Judge how the business and cultural environments shape the behaviour of UK economy.
Task2
Discuss the importance of international trade on UK businesses.
One of the biggest challenges for business organizations in the UK is learning how and where to trade overseas. In an interdependent world, international trade is an economic necessity. there are marked differences between trading in a national economy with known markets and known parameters, and trading on an international basis. Business organizations require support to enter markets as well as to sustain their activities.
Within the UK, British Trade International provides dedicated market support including: * advice/information services for initial market research * professional help from export promoters who have widespread export experience * information on various methods of conducting business in a specific country * help with meeting language and cultural requirements * assistance in bringing key contacts to the UK * helping UK organisations market themselves overseas, including grants for visiting countries and exhibiting at international trade shows.
British Trade International’s Export Market Information Centre possesses an extensive range of publications and statistics relating to businesses worldwide. It may be accessed in person, by telephone, fax or e-mail. Making the most of IT and the Internet is another major step in improving services to UK businesses.
A presence in overseas markets will help business organisations to achieve: * increased growth leading to the benefits of economies of scale - * larger production runs reduce costs * a competitive