In this subject, you have been introduced to the foundational concepts of business and reflective skills. Assessment 1 Part B is about you reflecting on the learning and how your learning can be...

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In this subject, you have been introduced to the foundational concepts of business and reflective skills. Assessment 1 Part B is about you reflecting on the learning and how your learning can be applied in your journey of becoming a business practitioner. MGT501_ Assessment 1 Part B Statement of Intent Final Page 2 of 7 Your task is to prepare a 5-minute individual video presentation about your learning experience in this subject comparing and contrasting your thinking at the start of the subject versus the end. Focus on how this subject has shaped your thinking about business and future career aspirations. Your video may also include any lessons you have learnt throughout this subject, for example, identifying strategies you can transfer to your professional life.
.Presentation Questions: Presentations should address the following questions, along with any other relevant points:  Has your definition of business, economic principals and business environment changed?  What are some of your professional goals?  How does what you have learned relate to the present and future?  What do you want to learn more about, and how could it help in your professional development?  As you think about the future, how might you apply your learning experiences in later life?  What could you do to further your professional development outside of formal studies?
Answered Same DayMay 06, 2021MGT501Charles Sturt University

Answer To: In this subject, you have been introduced to the foundational concepts of business and reflective...

Aditi answered on May 08 2021
134 Votes
Running head: International Business
    International Business        1
INTERNATIONAL BUSINESS
Executive Summary
This study shows a reflective analysis about the professional development in the interna
tional business. Along with it, this study briefs about the economic principles, stakeholders’ viewpoints and the fundamentals of business. The stakeholders receive the shares of the profit as they have been the part of that organisation by buying some shares of that international business. The principles have not been changed even if the subjects and the names have changed.
Table of Contents
Introduction    3
Evaluation of economic principles and stakeholder viewpoints    3
Analysis of the fundamentals of business    3
Professional value of the proposition    3
Conclusion    4
References    6
Introduction
The rapid increase in technology and its expansion in the current world is the main reason for the growth of International Business. The continuous growth in the international business makes an understanding of the behaviour of the organisation which is essential to the managers of the organisation. Businesses have been expanded across the globe in order to increase the market share, for the domestic market is very small to grow up.
Evaluation of economic principles and stakeholder viewpoints
The theories of international business have gone a long way from the days of traditional economists. The intuition which can be received from the great theorists dominates the thinking of the economists of the modern era. Free trade was demonstrated by David Ricardo as the first best policy solution (Meyer and Peng, 2016). This demonstration is still true, even when the older analysis of the theory of international business has been changing to till date. The opponents of the international business show their arguments which were dismissed by Ricardo himself when he was alive.
Stakeholders care about international business in the first place. Stakeholders...
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