Advertising laws in Germany, for instance, are so strict that is it best advised for the international marketer to get himself good legal introduction international business presentation before framing his advertising strategy.
Corporations today are judged in terms of not only financial returns, but also conservation of environmental resources and reduction in pollution levels.
A firm prefers to set up its manufacturing plant in a country which has favorable climatic conditions, possesses suitable topography i. Since the environments differ, firm cannot be much successful by falling back upon its domestic decisions and practices.
Probably believes only in home values, but creates an export division. Since these strategies and decisions are made by the firm, they are called controllables. The result of all this was the frenzied expansion of global companies across the world.
Landlocked countries such as Bolivia, Zambia and Zimbabwe, are not only costly to reach but are also difficult to penetrate as trading with these countries depend upon their relations with neighboring countries through which goods have to cross. Thus, international businesses grew in scope and size to the point where at the moment; the global economy is dominated by multinationals from all countries in the world.
The four stages are as follows: External sector liberalization in India Factors affecting international investment Factors influencing the value of a currency Foreign direct investment with strategic alliances Foreign direct investment without alliances Foreign exchange management act Foreign Investment by Indian companies FTA: Gross national product GNP and per capita income are among the major measures of income.
How to minimize political risks? The color of mourning is black in the United States, but it is white in the Far East. They influence the behavioral norms, codes of social conduct, value systems, etc.
A proper understanding of these policies can be quite helpful in ascertaining what tariff and non-tariff barriers the particular country uses to protect its domestic industry from foreign competition. But for a multinational corporation interested in setting up a manufacturing plant in a foreign country, geographic as well as socio-cultural, legal and political environments would be as important as the economic environment.
The size and cohesiveness of the family, role of men and women in society, and positions of different social classes differ from country to country.
Apart from this, the questions of employability and employment conditions that dictate the operations of global businesses have to be taken into consideration as well. Business implications of material culture of a society are obviously many. Though an improvement over a purely ethnocentric view, a purely polycentric one has its flaw in that headquarters and subsidiaries are somewhat cut off from one another.
Geocentric approach of IB Global economy and business environment Global Neighbors, Poor relations Globalization and inequality of nations Introduction international business presentation and the reforms of European Social Models Globalization and consequences of international fragmentation Government Influence on International Trade Governments markets and multinational enterprises Greenfield versus acquisitions decisions Growth of multilingual and transnational individuals How technology fastens the process of globalization?
What should be the scale of production? Perlmutter identified distinctive "orientations" of management of international organisations.
Basic functions, processes and techniques of international business are essentially the same as those involved in domestic business. Similarly there exist laws in European countries preventing promotion of products through price discounting.
An international marketer should have a thorough understanding of the language of the market - particularly the semantic differentials and idiomatic nuances which are essential characteristics of all languages of the world.
No doubt black money market operations may exist in any country, it is difficult for such operations to handle large scale of funds involved. This involves recognising that markets around the world consist of similarities and differences and that it is possible to develop a global strategy based on similarities to obtain scale economies, but also recognises and responds to cost effective differences.
Should trade or investment be used to enter a foreign market? Political instability can result from either change in the type of government, a shift in political parties that form the government or change in the government policies without change in the government or shifts in political parties.
Culture-Attitudes and Values Besides religions and superstitions, one must be cognizant of attitudes, values and beliefs prevalent in a society. Does International Business lead to Cultural Imperialism? Exporting is desirable when it is economical to produce in the home country and there are no legal restrictions on import of given product in the foreign markets.
An international firm must be duly aware of exchange controls prevalent in the foreign countries. Firms need to continuously monitor changes in these environmental forces and devise strategies to cope with them. New products are not accepted unless these have the approval of local chiefs or religious leaders.
International trade as it indicates pertains to only bilateral or multilateral trade activities management International Business Slide Here's a collection of professional and best business PowerPoint presentation templates which you can use to create powerful business presentations.
Jul 06, · International Business Topics for Presentations & Seminars Topics | 3 comments This is a list of International Business topics for Paper Presentations and Seminars for college students as well as professionals. Download Presentation PowerPoint Slideshow about 'Introduction to International Business' - nara An Image/Link below is provided (as is) to download presentation.
Introduction to International Business. July 21, Second Discussion Section: Culture & Ethics; International Trade.
Agenda. Chapters 1, 2 in a Nutshell Review Chapters 3 and 4 Discussion 1: Selling Domino’s Pizza Worldwide Review Chapters 5 and 6 Discussion 2. Introduction to International Business - Drivers,Factors, Advantages, Modes of entry in foreign market, types of orientation in international business.
Introduction to International Business With the globalization of the world economy, there has been a concomitant rise in the number of companies that operate globally. Though international business as a concept has been around since the time of the East India Company and continued into the early decades of the 20th century, there was a .Download