"UniversityINTERNATIONAL BUSINESS ENVIRONMENTByDateNameLecturer’s NameINTERNATIONAL BUSINESS ENVIRONMENTContentsIntroduction ................................................................................................................................................... 3Importance of international business and trade ............................................................................................. 4Impact of globalization ............................................................................................................................. 5Fundamental issues of managers regarding development of emerging markets ........................................... 6Role of managers in cross-cultural and ethical international business .......................................................... 7Analysis of skill development through the discussion of case studies and other workshop activities .......... 8Reflection on development of enhanced communication skills .................................................................. 10Conclusion .................................................................................................................................................. 11References ................................................................................................................................................... 12 Author’s Name:Page 2 of 12 INTERNATIONAL BUSINESS ENVIRONMENTIntroductionThe report which is discussed below is based upon international business environment. Thereport consists of some skills which are required in business. In the modern economy,international trade is an enormously relevant aspect. It will only become more integrated intocore strategy of the firm as technology continues to progress. Besides that, the backbone of theglobal economy is the international trade and business environment. Understanding the situationand environment inside which the company needs to work is essential for keeping up a specialtyunit successfully at everywhere. Meanwhile, the environmental factors affect for all objectivesand purposes of business. The environmental considerations in business are based upon itsviewpoint, its region, the expenses of things, the personnel policies as well as the distributionsystem(Czinkota, Rivoli and Ronkainen, 2010). Accordingly, it is basic to get some answersconcerning the diverse parts of the business environment. The distinct parts involve the financialperspective, the socio-social points, the political structure, the technological and the legal aspectsand so on. Background of the company The company considered here is Macquarie Atlas Roads Group of Australia. Macquarie AtlasRoads Group is a transport company, and it is one of the largest operator and developers ofprivate toll roads in the world. MIG or Macquarie Infrastructure Group had a portfolio of eleventoll roads across seven nations which include Australia(Arthur and Morphy, 2005). Theorganization is controlled by a team of executives engaged by the Macquarie Group. Themanagement team contains senior executives from the former MIG. So, it provides the continuityof the Directorate, experience along with knowledge.While observing conventional standards ofcorporate governance and managing risk, the organization aims to deliver long-term profitabilityAuthor’s Name:Page 3 of 12 "