International Business: Motivations, Functions, and Challenges

International Business

Executive Summary
The following report that is based on international business which consists trade of goods
and service across through broader of global level territory. It is having situation in which
production and distribution of goods and services takes places cross country boundaries.
According to global international level of organisation which is associated within rules and
regulation between two nation. Along with this, there are various key function of world trade
organisation which facilitates the flexible through running of international business that
providers growth and success towards company.

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Literature Review:...........................................................................................................................1
1. Demonstrate an understanding of motivation behind the formation of world........................1
2. Demonstrate about understanding of key function of International Business .......................2
3. Evaluat the suitability of International Business and challenges...........................................3
4. Illustrate theory to practice in the assessment of International Business effectiveness using
relevant examples .......................................................................................................................4
Analysis and Discussion.............................................................................................................5
Recommendation........................................................................................................................7
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
International business is refers about dealing of product and services, technology, capital
or having approach across the other borderr. To conducts international theme business is to
approach higher competitive advantages as per global marketplace level (Akdeniz, Zhang and
Cavusgil., 2019). It determine about overall commercial activities that take place to promote for
transfer goods and services, resources, people, creativity or ideas that leads the business into
global level. It consists of transaction that are devised and carried forward to across national
border to satisfy about objective where individual, companies and organisation.
In this report, the organisation is selected World Trade Organisation, it is an
intergovernmental organisation that regulates and facilities international trade between nations.
It officially operates from 1 January 1995, pursuant to 1994. They mainly facilitates trade in
goods, services and intellectual property among participating countries through providing trade
agreements. The objective is to reduce eliminate tariffs, quotes and other restriction on basis of
these agreement to having representatives of member governments (Azar and Drogendijk.,
2019). As per the following report is concerned topics understanding of motivations behind
formation of World trade organisation along with their key functions. Challenges faces
organisation to accomplishing principle to encouraging trade between countries. Different
theories apply to practises in assessment of International Business and policies which having
impact organisation.
MAIN BODY
Literature Review:
It is refers about to survey conducts or narrative review of scholarly sources such as
books, journals, articles and theories. On the basis of scholarly paper it has represents on current
knowledge while including substantive findings on particular which provide develop insight.
This topic will enhance about knowledge and learning of an individual.
1. Demonstrate an understanding of motivation behind the formation of world.
As per view point of Reem Heakal , 2021, As per perspective of World trade
organisation which is defined as intergovernmental organisation that situated in Geneva,
Switzerland. The dealing of Negotiation between organisation that America leads to formal
development of International Business . It is a practise where the arrangement about agreement
1