MBA in International Business
Over the past several decades, striking changes in the political structure of nations and the communication structure of people around the world have affected all aspects of society. The advent of the Internet and continued advancements in transportation and electronic technology has rendered geography less vital than ever before.
In an earlier time, foreign markets were viewed by some U.S. companies as new markets only—a potential customer base that could be tapped or just as easily left untapped, without interrupting the normal flow of business. Today, this is a negligence businesses cannot afford. Instead, large companies now realize that their very survival relies on being competitive worldwide.
The elimination of many barriers to entry in world markets has put increasing pressure on companies to compete globally. Yet now companies must not only compete for a customer base, but also for the supply of raw materials, technology, and distribution networks on a global level—drawing many companies into transnational transactions merely to remain competitive.
Top International Business MBA Programs in US