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Constraints

NOT NULL CONSTRAINT -    Ensures that a column cannot have a null value. DEFAULT CONSTRAINT -    Provides a default value for a column when none is specified  UNIQUE CONSTRAINT -   Ensures that all values in columns are different  CHECK CONSTRAINT -   Makes sure that all values in a column satisfy certain criteria  PRIMARY KEY CONSTRAINT -   Used to uniquely identify a row in the table  FOREIGN KEY CONSTRAINT -   Used to ensure referential integrity of the data  Primary Key - is used uniquely to identify each row in a table . It can consist of one or more columns on a table . When Multiple columns are used on a table it is called composite key.  Foreign Key - Foreign key is a column or columns that references a column most often primary key of another table . The purpose of foreign key is to maintain referential integrity of the data. Pg admin  Data base - training - right click on training - query click  Always add semi colen to run the query  Int - integer  varchar - variable charact
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Fundamentals of International Business

# The MNC and developed countries is grabbing the foreign business. They have great technology and high skilled employees , A great research and development team. When there is economies of scale they provide product at lower price  also.

# When we do International business there are different commodities traded , their is international trade and they get benefit through foreign capital and industrial development . They get more employment opportunities . This result in economic development of developing countries , but the developed countries get the maximum benefit .

# International business has to face keen competition in the world market . The competition is between unequal partners ie developed and developing countries . In this keen competition superior quality goods and services at very low prices .

# Special role of science and technology gives international business importance , it helps the business to have large scale production . Developed countries use high technologies , therefore they dominate global business . It helps them to transfer such top high end technologies to developing countries .

# International Restrictions - International business faces many restrictions on the inflow and outflow of capital , technology and goods . Many governments do not allow international trade to enter their countries . They have many blocks , tariff barriers , Foreign exchange .

# Sensitive nature - International business  is sensitive to any changes , any changes in the economic policies , technology , political environment etc has huge impact on it .Therefore international business must conduct market research to find out and study these changes . They must adjust their business activities and adapt accordingly to survive changes.

Real life Example

India has approached to world bank to control the deficit payments , the condition was allow the countries to business .

When International trade parties benefit the countries they bring knowledge and has rapid development .

When demand increases the production increases and increase employment opportunities .

Foreign countries is investing in India because currently there is more transparency , they are enjoying more tax benefits . They are developing the infrastructure . These positive changes impacts then international Businesses.


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