International Business Assignment Example | Topics and Well Written Essays - 750 words - 1

International Business - Assignment ExampleThis has been boosted by the event that, five times daily, the Muslims be called to pray at the mosque. Moreover, the united Arab Emirates has stability in its political and economic structures. In the global quest for business, firms should be able to know the geographical distances involved the cultural backgrounds and the distinguishable time zones at hand ( Hill, 2009). A number of investments and trade developments have been carried out over the recent years in United Arab Emirates that has brought in global or international recognition. The project bequeath top of the inning business prospects of amalgamations, conjunction ventures and the factors to consider when undertaking foreign direct investments. In the United Arab Emirates, there are vast instances of opportunities to yearn for to compete effectively (Griffin & Pustay, 2010). This ranges from the service industries to the manufacturing sectors. The stable political, ec onomic, social, technological, and legal environment offered has made the commonwealth grow to a substantial level. International trade and development in foreign countries always adds repute to the national income of the participating countries and therefore substantial growth (Darity, 2008). The Acorn twirl company has successfully completed the construction of commercial, residential and renovation projects in the London region. The company can see the construction projects from all sides of the spectra so that good premises are built. The company undertakes projects with due experience and confidence, in an efficient manner to the get ahead of customers. With this in mind, the company constructs concerning the industry standards within the stipulated time and budgetary allocations. In view of this, the company would interchangeable to venture into other countries and exploit new opportunities as it offers it construction work. This new arena is like the United Arab Emirate s where it will realise in respect to the cultural backgrounds there (Campbell & Netzer, 2009). Plat radiation patterns are continuously created where ideas can be interchanged and opportunity sought to improve the corporate image of companies. This is by having international trade fairs and exhibitions to advertise serve and bring together like-minded people to identify and create business opportunities. The platform created a scenario where products and services offered were uploaded to the internet through electronic commerce for an array of customers to see. This will be able to boost the remuneration of the company (Maidment, 2007). To garner more profits on the principle of large numbers, there should be joint ventures that generate more capital and expertise. This is for any individual that seek to enlarge the business scope by finding new opportunities and gaining footholds into new markets in the form of alliances. A relationship that subsists between two or more parties to pursue agreed upon goals is strategic alliance (Cavusgil , Knight & Riesenberger, 2012). Acorn Company for instance can form an alliance with an interior design company for a specific period to gain competitive proceeds so that the profits can be high. In the support of international investments, the company will build structures that suit the Islamic cultural designs. This is by building standard infrastructural facilities for United Arab Emirates. In the event, the company will make profits and there will be developments (Velasquez, 2006). Over the years, the real estate business has been