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What is the influence of the international business on daily life of people

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Код 178311
Дата создания 2013
Страниц 5
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Since it is difficult to find any sizable business in Canada that is not international, directly or indirectly on either the input and/or outside side, the study of International Business brings an important and valuable perspective to business that will be useful to all management graduates.
The opportunities for those trained in international business generally, as well as international dimensions of any given functional area such as strategy, accounting, finance, and marketing, have increased dramatically over the past few decades. This trend is likely to continue for some time with the emergence of many economies onto the global stage, such as China and India and Canada’s increasing integration with those economies. Those that have this broad perspective on business will be well positioned to pursue careers in the world’s leading corporations and organizations. 
As the economy, and hence business, becomes increasingly integrated into the global economy, then the way that government regulates the economy must change. As such, increasingly, government agencies are recruiting students who have studied international business and understand how business operates within the global economy. Only with this perspective can optimal government policies be crafted and implemented. 
Canada has a relative strength given its cultural diversity and access to communities tied into many economies throughout the world. Our future depends in large part on our ability to successfully leverage this and other strengths to create internationally competitive knowledge-based industries. Acquiring the appropriate education will help students launch successful careers and at the same time allow Canada to succeed.
Entry-level jobs in the field of international business are as varied as the field itself. Most positions in marketing, finance, and consulting work begin with in-house training programs of a managerial, development and/or technical nature. Companies with international markets usually prefer that employees become fully trained in the domestic operations of the business before being given an opportunity to represent the firm abroad. Salaries often start in the mid-$30,000 range, with entrylevel compensation increasing proportionally to the size of the firm, geographic location, and employee qualifications. Salary rates rise rapidly in business as training and experience accrue.
Having completed specialized training programs and/or on-the-job training, individuals hired by firms functioning internationally are often assigned to the U.S. headquarters of the company, working within the marketing, sales, planning, or accounting/finance department. Foreign travel for negotiation or consultation is possible. Those working for multinational corporations, joint ventures, financial institutions, or consulting firms will generally be given the opportunity for foreign assignments such as managing a foreign subsidiary or directing the firm's overseas operations after years of domestic service.
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