social processes

Social Processes: Definition, Types, Features, Pros And Cons

ByJorge Raziel

Social processes are foundational to the existence and functioning of human organizations. But what are social processes, and how do they manifest in the organizational and business setting? Social processes are recurring, sequential patterns of interaction between multiple individuals pursuing mutual or antagonistic goals. Social processes like cooperation, conflict, and competition are fundamental in the…

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feature of international business

International Business: Definition, Features, Strategies, Pros and Cons, Illustration and Example

ByJorge Raziel

In the modern era, economic activity has become increasingly international in the scope of its structures and processes. This globalized commerce presents unprecedented economic opportunities. So, what are the defining aspects of this phenomenon called international business? International business is economic activity that crosses the borders of multiple nation-states. This kind of commerce involves the…

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