Introduction to Business

Since its inception in 1995, World Trade Organization (WTO) has come a long way in constituting the legal and institutional foundation of the present day multilateral…

Objectives of World Trade Organization (WTO) The objectives of World Trade Organization are raising standards of living and incomes, ensuring full employment, expanding production and trade…

Various functions are performed by the Functions of International Monetary Fund (IMF) to achieve the aforesaid objectives. Some of the important functions of IMF include:…

International Monetary Fund (IMF) is the second international organization next to the World Bank. IMF which came into existence in 1945 has its headquarters located…

The Multinational Investment Guarantee Agency was established in April 1988 to supplement the functions of the World Bank and IFC. Major objectives of MICA are:…

International Development Association (IDA) was set up in 1960 as an affiliate of the World Bank. IDA was established primarily to provide finance to the…

The International Bank for Reconstruction and Development (IBRD), commonly known as the World Bank. It was the result of the Bretton Woods Conference. The main…

International Business: International business refers to business activities that take place across national frontiers. Though many people use the terms international business and international trade…

Internal trade: Buying and selling of goods and services within the boundaries of a nation are referred to as the internal trade. No customs duties…

Generally, motivation means the way of fulfilling the need, desire, concept, aspiration, expectation, interest, intention, and satisfaction. Here business motivation means the causes for doing…