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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 - ...
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World Inflation war

International business - you are operating a small business across the foreign border , now you want to know how to do it ?

How we can utilise foreign sources of supply , factors of production ?

Companies who have access to global market but its not true but there are many problems when operating a business in global market .

Factors which affect the supply or trade in foreign market .

India exports around 7500 commodities to about 190 countries and imports around 6000 commodities from 140 countries . Exports and imports are not only restricted to commodities but service is also important - 

Items can be crude oil , Coal , Gold and more precious stones , Fruits etc 

Last year Ukraine and Russia had problems , now because of that problem , Russian invasion , crude oil has jumped 15%.

When we are doing international business we have to scan the environment in which we are living .

Economic , legal, social , environmental and Political circumstances .

This issue is related to political and economic environment , because of which , Russia exports 6.5 million barrels of oil a day !and now because of Russian invasion we can see dependence of other countries for crude oil is 29% of wheat , 75% sunflower oil because of this effect. Russia accounts 15% of global trade and 17% of global potash fertiliser export  between 2 countries , It is going to impact India that is supply chain and trade disruptions also .

Suddenly it happened but predictions started happening .

Suppose you are having food processing , now price of wheat is going to impact because the supply has affected and then demand . 

What Indian Government has done after that ?

Many countries tried approaching India , and india banned the export of wheat and reason is our traders will get profit but the domestic supply will affect drastically it will increase the price and can lead to inflation . Being populous country this has to be done .

This is how you scan the environment . 

Because of invasion of the 2 countries  this has disrupted the supply chain the product price increased was fuel , it has impacted the price of fuel in India because of the percentage it exports .

Cooking gas , petroleum product , gold , coal , fertilisers and Automobiles etc  has impacted alot .

Which country is near to Bangladesh ?

India , now you need raw material , you will see transport cost , import duty , because of the problem in one country it impacted other countries . 

It impacts social environment , cultural environment , legal environment issues pop up when we start a business.




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