HELLO TUTORS I AM ASKING FOR YOUR HELP TO EXPLAIN THIS ACTIVITY GIVEN TO ME.

NAME OF SUBJECT: INTERNATIONAL BUSINESS AND TRADE

11 BIGGEST CHALLENGES IN INTERNATIONAL BUSINESS

1. INTERNATIONAL COMPANY STRUCTURE

2. FOREIGN LAWS AND REGULATIONS

3. INTERNATIONAL ACCOUNTING

4. COST CALCULATION AND GLOBAL PRICING STRATEGY

5. UNIVERSAL PAYMENT METHODS

6. CURRENCY RATES

7. CHOOSING THE RIGHT GLOBAL SHIPMENT METHODS.

8. COMMUNICATION DIFFICULTIES & CULTURAL DIFFERENCES

9. POLITICAL RISKS

10. SUPPLY CHAIN COMPLEXITY AND RISKS OF LABOR EXPLOITATION

11. WORLDWIDE ENVIRONMENTAL ISSUES.

ACTIVITY.

INTERNATIONAL BUSINESS CHALLENGES

1. CHOOSE 3 CHALLENGES FROM AMONG THE 11 IDENTIFIED CHALLENGES IN INTERNATIONAL BUSINESS MENTIONED ABOVE WHICH YOU THINK AFFECT THE MOST IN ITS OPERATION? EXPLAIN THE EFFECT OF EACH CHALLENGE ON INTERNATIONAL BUSINESS.