Joural 
Journal of International business strategy
Week 2 In general, I think globalization is a good trend for the world. It improves the countries’ economy and technology. Globalization facilitates the communication of different cultures. But it also threat the human’s heath in some extent. Movement of world’s population spread the infectious diseases among the countries. And it also facilitate the process of viruses’ mutation. In the last decade, there was many new fatal infectious disease such as SARS, H1N1 and H1N9 threaten people’s lives. Currently, a fatal virus called Ebola has rapidly spread in Africa and there are not vaccine for preventing Ebola virus. If the innovation of medicine cannot catch up the speed of fatal viruses’ mutation, the human being has high risk of extinction in the future.
Week 5 I learnt the PEST-C analysis for access companies’ external business environment in week 5. I quite like it because I almost cover all the factors that affect business. But when I was writing my business plan. I encountered problem. There are too many elements I can fill in the each factor. It at least take me one month to analyze PEST-C if I do the research for all elements that I consider. Later, I realize it is vital for me to pick up some elements which is relevant to my industry. Quality is more important than quantity in PEST-C analysis. If I put the comprehensive information which most of them are unrelated to my industry, it will let reader cannot catch the important points.
Week 6 The concept of Amero is quite interesting. The main idea is to combine American and Canadian currency to one common currency call “Amero”. On the perspective of Canada, I do not think it is good idea. The scale of Canada’ economy and population is quite small compare to United States. If two country use same currency, United States probably will dominate the power of making monetary policy. As a result, many monetary policy will be designed on behalf of America’s
Week 2 In general, I think globalization is a good trend for the world. It improves the countries’ economy and technology. Globalization facilitates the communication of different cultures. But it also threat the human’s heath in some extent. Movement of world’s population spread the infectious diseases among the countries. And it also facilitate the process of viruses’ mutation. In the last decade, there was many new fatal infectious disease such as SARS, H1N1 and H1N9 threaten people’s lives. Currently, a fatal virus called Ebola has rapidly spread in Africa and there are not vaccine for preventing Ebola virus. If the innovation of medicine cannot catch up the speed of fatal viruses’ mutation, the human being has high risk of extinction in the future.
Week 5 I learnt the PEST-C analysis for access companies’ external business environment in week 5. I quite like it because I almost cover all the factors that affect business. But when I was writing my business plan. I encountered problem. There are too many elements I can fill in the each factor. It at least take me one month to analyze PEST-C if I do the research for all elements that I consider. Later, I realize it is vital for me to pick up some elements which is relevant to my industry. Quality is more important than quantity in PEST-C analysis. If I put the comprehensive information which most of them are unrelated to my industry, it will let reader cannot catch the important points.
Week 6 The concept of Amero is quite interesting. The main idea is to combine American and Canadian currency to one common currency call “Amero”. On the perspective of Canada, I do not think it is good idea. The scale of Canada’ economy and population is quite small compare to United States. If two country use same currency, United States probably will dominate the power of making monetary policy. As a result, many monetary policy will be designed on behalf of America’s