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This can
happen at any time of the transaction, from placing an order for vehicle parts made in Japan, to
preparing a shipment for overseas delivery.
While some firms conduct foreign business through export/import agents, others have adapted
their entire sales, finance, marketing and management strategy to actively market and sell
products and services to clients around the world.
The financial statements reflect the whole set of concepts of operation and functioning of the
companies, all the information that is shown in them must be used to know all the resources,
obligations, capital, expenses, income, costs and all the changes that presented in they carry out
the fiscal year, also to support the planning and direction of the business, the decision making, the
analysis and the evaluation of those in charge of the management, to exercise control over the
internal economic items and to contribute to the evaluation of the impact that it has on external
social factors. The international negotiator can know the financial health of a company and define
if an international investment would be good or bad.
Really is very important that the international negotiator knows and interprets the financial
statements of a company since this is a method, which applied to any company allows to
accurately assess to the financial situation allowing to know in what condition is the company,
make the right decisions and observe the change of the organization. It’s also important to
mention that the most important process of a business is the decision making, which requires
knowing the information and financial analysis tools that should be used to dictate the most
appropriate way to act.
References:
https://www.notredameonline.com/resources/negotiations/international-business-management-
in-todays-economy/#.WoHeLejOXIV
https://www.uaeh.edu.mx/scige/boletin/tlahuelilpan/n4/e2.html