BUSI 1800 Chapter Notes - Chapter 3: Canada Border Services Agency, Gulf Cooperation Council, Joint Venture
2 Feb 2017
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Document Summary
Over 90% of companies doing business globally believe it"s important for their employees to have experience working in other countries. 7 billion potential customers in 195 independent countries. Bombardier inc. (big) & lija style inc. are examples of int"l businesses. Importing: buying products from another country: realistically, countries aren"t usually self-sufficient, free trade: the movement of goods & services among nations w/o political or economic barriers. Small businesses contribute 30% to canada"s gdp; employs app. 5 million individuals (48% of total labor force in private sector) To get started globally : observation observe & study global markets, determination & risk travel to see if doing business globally appeals to you. Importing goods & services: canada border services agency deals w/ importers; products have to comply w/ certain conditions imposed by federal/provincial gov"ts. Sold abroad directly as an export from a canadian company or. Trading in global markets: the canadian experience: canada dependent on the us.
