The Uses Of International Business Intelligence

By Freida Michael


Due to the nature of life on earth, a person has to be able to afford quite a number of things to be okay. These things are generally referred to as the needs of man. They are quite many in nature. This however depends on the particular person in question. The basic needs are the most important among the other categories. The importance of international business intelligence is very crucial in community growth and development.

People have very needs that must be provided for adequately if they are to live on healthily. One of these needs is that for food. Food is the sole source of energy in the body and without it a person can starve to death. Other vital needs include that for housing, clothes, medicine and security. These are all very crucial and yet do not come cheaply. A person has to work hard to get enough money for them.

People therefore take on several economic activities so that they can be able to make enough money to provide for the needs of their family members. Some of the commonly done activities include farming. Farming has two major sectors that can be further broken down into numerous other practices. A farmer is either growing crops or rearing animals for desired reasons. Some people practice it for domestic reasons while others are more in to the financial benefits of the practice.

Farming is very popular in very many communities. It is the practice of growing crops so that the person can trade in the produce so that they can benefit a profit. There are also some farmers that rear domestic animals such as cows, goats and chicken so that they can benefit from their products such as beef, milk and eggs from the chickens. This line of work is quite easy and beneficial as well. It is mostly practiced in the rural areas where there is plenty of land for use.

Due to the developments in science and technology, numerous others kinds of work have been introduced into the communities. Very many people in recent times have ventured into the transportation sector. This is also a very lucrative industry as the need to move around is inevitable each and every day. People have to travel to work, school and many other places. These people are charged for their transportation needs to be met.

Finally, there is also an activity known as business, here basically the person works on an idea so that it can turn into a lucrative enterprise. The people that take part in this kind of work are called entrepreneurs. These people take the risks involved in such ventures with the hope of benefiting from them in mind.

Finally, all these activities need a middle man to make s sure that each and every one gets the goods or services that they require. This brings us to business enterprises. These function by making sure that the available customers all get their desired good adequately without fail. This is not an easy activity.

International business is the next level of evolution in economic activities. For a business to achieve this level of enterprise it must have had several years in practice. It also has to put measures in places that will help in the gathering of vital intelligence on the ways of the international markets




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