Name: Mohamed Abdullahi Khalaf Adm. No.

Cefored BA / 098/ 09 Module: Introduction To Business Administration Date: 14/11/2009 esson T!o "e#ie! $uestions $ues. %&' . (escribe briefl) the information before decidin* !hether or not to become in#ol#ed in international business. Ans!er: Managers and chief executives have to consider these key areas when deciding whether to be involved in international business or not: a b c d e f g h !he total "o"ulations of the countries they are looking forward to do business in !he de#ogra"hy structure and the rate of inflation $ssess#ent of risk involved in doing business abroad !he availability of finance needed %tability of govern#ent and local currency in the country &egulations of foreign invest#ents and transfer of "rofit to #ain country' legal and "olitical constrains !axes' govern#ent incentives to ex"orters $vailability of labour' row #aterials' and existence of "otential #arket growth A,,reciate !h) mana*ers should be concerned about the relationshi, bet!een an enter,rise and its en#ironment.

$ues. %+' . Ans!er:

(li#ate change and global wor#ing is a crucial business issue that #any co#"anies are ill)"re"ared to address $ll the "rocesses that co#"anies undertake in the "rovision of "roducts and services * such as #aterials and "arts "rocure#ents and the use of recourses like electricity water and gas) exert an environ#ental effect at one kind or another !his led to current growing interest in environ#ental issues that co#"anies #ust address $ co#"any in #odern business #ust consider the consu#ers "ressure grou"s' legislations' ethical considerations' and "otential cost savings

Managers in today+s business #ust co#e u" with ways in which all co#"any "roducts are develo"ed to "roduce the #ini#u# environ#ental da#age $nd they have to consider the i#"act of their "lants on the ,uality of life in their areas $ues. %-' . Ans!er: $ s#all business is a business that is "rivately owned and o"erated' with a s#all nu#ber of e#"loyees and relatively low volu#e of sales !he legal definition of -s#all. often varies by country and industry' but is generally under 100 e#"loyees in the /nited %tates and under 00 e#"loyees in the 1uro"ean /nion 2n addition to nu#ber of e#"loyees' other #ethods used to classify s#all co#"anies include annual sales' value of assets' #arket share' and net "rofit $ s#all business can take thousands of features3 fro# kiosks to s#all factories' that sells goods' fro# "rivate schools and clinics to hotels that sells services %#all businesses have the following advantages: a b c d !he owner is inde"endent and has a freedo# to act !hey can be easily set u" and dissolved !he "rofits do not have to be shared !here are few overhead costs ./,lain the nature and features of small business mana*ement.

%#all businesses have also so#e disadvantages including: e f g 4oor #anage#ent 5inance #ay be easily available so that everyone can set u" a si#ilar one !hey are usually not do#inant in their field of o"eration

Mohamed Abdullahi Khalaf 0al1aio 2 3omalia Tell: 00 +4+ 90 5467-7