Commentary Paper Chapter 1

Challenges in International Business

Learning International Business is an important thing mostly in this era. Knowing that I am
going to learn it really meets my need. We will work across nation and boundaries so it will be so
helpless if we are not able to catch up what world requires. The first chapter talks about International
Business challenges. Challenges are ones frightening aspect for some people. As a business man we
are not allowed to have those mindsets, we have to take it as an opportunity. Maybe it is a kind of
thought provoking, but it is the reality, this book is worthy.
There are several topics discussed in this chapter. First of all we have to know what kind of
business world today is. Business world dealing among countries is today business. We have to be
able to cope with all the differences in each country. Legal political environment, economic
environment and cultural environment among nations are challenges learned by businessman. There is
no way instead of learning those things, adapting new culture, environment and restriction, then
analyzing what is our SWOT and finally doing business across boundaries exactly. There are many
opportunities hidden among challenges.
I agree with this book explanation that international business is all commercial transaction
private and governmental between two or more countries. It means that domestic transactions must
be upgraded among nations, mostly in Indonesia. International business is a common issue known as
globalization. Facing globalization wave, all country must be prepared to compete and fulfill
International market needs. Increasing the quality of our product exported is Indonesian big
discussion. Another discussion of the key control in International business is the manager sensitivity
towards market and environment surrounded.
Even so our country is left behind International Business; we have to consider the usefulness
of it. The first usefulness is increasing the number of profit by reducing wages paid to employees.
International enterprises, seeking for lower wages paid to employees, open their factory mostly in
China which minimum wage regulation is still in the lowest. Entering International Business will help
enterprises looking for their best material among nations. Enterprises will be able to spread out their
sale target market.
We have discussed the importance and benefit gained from International Business. The last
part of this commentary will be focused on boosting Indonesia dealing with International Business.
Indonesias strengths are varies in its resources. The problem lies on the ability to manage those

resources met the worlds requirements. Indonesian people easily satisfied by their domestic earning,
they do not give much concern in joining International Business. Some of them knowing the
usefulness might try to get involved in International Business, but usually in the middle, they will
cancel it away easily. Indonesian needing in conceiving International Business must take a concern.
Starting with International Business discussion in class will be helpful. Hopefully after learning this
whole subjects, we are well prepared in managing International Business one day.

My question is What should Indonesia do to manage its resources meet the worlds requirements?

Stefi Yunia Suwarlan

12502030011109
Accounting / CE