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International Business Payment Mechanisms

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Introduction:
International trades between countries and across continents have existed for centuries including previous civilizations. Traditionally international trade consisted of traded goods like textile, food items, spices, precious metals, precious stones, and objects of art and various items across the borders. Everybody has heard of the silk route as well as amber road and other famous routes that existed and the ports and settlements that flourished due to the trade, which was carried on through land route as well as sea routes.
We have come a long way since the earlier times and International trade today has taken on new dimension. It was a fact earlier that impact of trade between two countries was not limited to economics alone, but fuelled political, social ambitions too.
Today with the advancement of technology and impact of globalization has made it necessary for all countries to engage necessarily in international trade for their survival.
Various factors including but not limited to industrialization, development of transportation, globalization, technology that enables trade and communication has contributed to change in the format of business organizations as well as trade practices.
Companies and Organizations today are no longer entities with a local identity. Multi national organizations have emerged through the previous century with footprints all over the globe. They have in fact shrunk the earth and changed the way businesses are conducted. Companies no longer limit themselves to local markets. They no longer depend upon local resources. These companies setup manufacturing wherever it is conducive in terms of cheaper resource availability as well as support from local government and in terms of markets, geographical boundaries do not bother them. They are present everywhere.
Objectives of the study
1. To understand the concept of International Business Payment
2. To review different methods of international business payment
3. To review the related literature review
4. To provide with recommendations

Number of Pages of Project Report: 59
Package Includes: Project Report
Project Format: Document (.doc)

Table of Contents of Project Report:
CHAPTER 1 INTRODUCTION
CHAPTER 2 THEORETICAL BACKGROUND
CHAPTER 3 LEGAL FRAMEWORK
CHAPTER 4 LITERATURE REVIEW
CHAPTER 5 RESEARCH METHODOLOGY
Objectives of the study
Type of Research Method
The Sample
Data collection
Data Analysis method
CHAPTER 6 DATA ANALYSIS
CHAPTER 7 FINDINGS
CHAPTER 8 CONCLUSIONS
CHAPTER 9 REFERENCES


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