homework 3

homework 3 - Jennifer Solomon International business...

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Jennifer Solomon International business Chapter 6,7 Chapter 6 4. “International businesspeople, unless they are in the business of refining minerals or petroleum, have no need to concern themselves with world developments in natural resources.” Agree or disagree with this assertion, explaining your reasoning. I without a doubt disagree with this statement that international businesspeople unless they are in the business of refining minerals or petroleum, have no need to concern themselves with world developments in natural resources. Even though these natural resources are not a direct material, or direct supply that our company uses it will is an indirect material. Because of the fact that may of these resources are not man made but are natural means that at some point there is a possibility of running out. We will need to trade with other countries that have a high abundance of the materials we need. Not only opening that trade but also allowing us to know what countries would be most efficient to make there products in. The best way to look at this is that if we are not concerned with natural resources that
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This note was uploaded on 11/01/2009 for the course ACCT 400 taught by Professor Bower during the Spring '09 term at Eastern.

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homework 3 - Jennifer Solomon International business...

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