International Expansion Assignment Example | Topics and Well Written Essays - 250 words

International Expansion - Assignment Example There are different methods of globalization and they include internationals trade, economic globalization and social cultural globalization. International trade involves exchange of services, capital and goods across territories or borders. People are involved in importation and exportation products from one country to another or across continents. Social culture globalization is the exchange of cultural and social practices from different countries like the spread or western culture (Ritzer, 2010). When establishing a business internationally, application of SWOT analysis will held the business owner in understanding many aspect. The strengths will help the business owner to understand the factors or things which will help him in establishing the business. The weakness will help the business owner in identifying the points or the things which needs improvement. After identifying the weakness the business owner will have the chance to improve and eliminate each weakness. The opportunities will help the business owner to notice the things which will enable him to prosper. Proper use of opportunities will enable the business to work effectively. The threats will enable the business owner to identify things which needs to be worked on for effectiveness (Ritzer,