(over the period, people have become more & more dependent on each other. Because of mutual dependence, people use business system effectively. Nowadays, business is a part of people’s life. For individuals educated in business, exciting opportunities will exist around the world as we move toward the 21st century. The new era of business performance in an international marketplace will require business leaders who know how to start, operate, & sustain businesses.) Business negotiations, joint ventures between companies in different countries, travel across borders, investment across geographical boundaries & working for foreign- owned enterprises are commonplace. (People study business for multinational purposes.
