Abstract
International business was originally constrained by barriers of culture, and polarization of the world into two “small worlds”: the East and the West. The dividing line was “material”. The West and the East blocks sees material differently, capitalism and socialism. In every situation there are five basic elements: people, material, context palace and location. The place and location define the environment. The material determine the economic prosperity. The people use the context to share ideas. The relationship between the people determine the prosperity or poverty of the people. God ordained everything for the best for man, therefore, the world lacks nothing. Consequently man must live in harmony to have complete and absolute enjoyment. Instead, man became wolf to man. Why? The material endowment was turned into weapons of mass destruction. This caused the First World War. The League of Nations came into existence after the wars. Its witness resulted in the second world war thereafter the United Nations Organization to pursue World peace. The disintegration of the cold war and political barriers have spawned a high integrated global economy with vast potential to produce greater wealth and high living standards for common humanity. A truly global division of labour has emerged presenting opportunities for specialization, collaboration and exchange on scales once unimaginable. The global strategy builds on joint strengths of people and resources to transmit positive changes in international business. A cybernetic system model is designed in which the inputs are transformed by globalization to positive changes in international trade, foreign manufacturing and service industry under a control and feedback process. This recent boom would continue to improve through developed economies integrating friendly with developing economies where ‘we’ are ‘they’ all enjoying common humanity. The trend is on: HOW LONG; NOT LONG.
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