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We Live in a Global Economy 1-1 The Foundation of International Business 1-2 International Business Basics CHAPTER 1
LESSON 1-1 The Foundation of International Business <ul><li>GOALS </li></ul><ul><li>Distinguish between domestic business ...
What Is International Business? <ul><li>All business activities needed to create, ship, and sell goods and services across...
Why Is International Business Important? <ul><li>Materials, parts, and demand </li></ul><ul><li>Global opportunities </li>...
When Did International Business Start? <ul><li>China, India, and Japan 15,000 years ago </li></ul><ul><li>Africa and South...
Selected Countries and Their Colonial Heritage Continued on next slide 1818 Spain Chile 1867 France, United Kingdom Canada...
Selected Countries and Their Colonial Heritage Continued from previous slide Vietnam United States South Africa Namibia Mo...
LESSON 1-2 International Business Basics <ul><li>GOALS </li></ul><ul><li>Describe basic inter-national business activities...
The Fundamentals of International Trade <ul><li>Imports </li></ul><ul><li>Exports </li></ul><ul><li>Trade barriers </li></ul>
The International Business Environment <ul><li>Geographic conditions </li></ul><ul><li>Cultural and social factors </li></...
The International Business Environment <ul><li>GEOGRAPHIC CONDITIONS </li></ul><ul><li>Climate </li></ul><ul><li>Terrain a...
The Global Business World <ul><li>International business skills </li></ul><ul><ul><li>History </li></ul></ul><ul><ul><li>G...
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Ch01

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Transcript of "Ch01"

  1. 1. We Live in a Global Economy 1-1 The Foundation of International Business 1-2 International Business Basics CHAPTER 1
  2. 2. LESSON 1-1 The Foundation of International Business <ul><li>GOALS </li></ul><ul><li>Distinguish between domestic business and international business. </li></ul><ul><li>Discuss the reasons why international business is important. </li></ul><ul><li>Understand that international trade is not just a recent event. </li></ul>
  3. 3. What Is International Business? <ul><li>All business activities needed to create, ship, and sell goods and services across national borders </li></ul><ul><li>Also called </li></ul><ul><ul><li>Global business </li></ul></ul><ul><ul><li>International trade </li></ul></ul><ul><ul><li>Foreign trade </li></ul></ul>
  4. 4. Why Is International Business Important? <ul><li>Materials, parts, and demand </li></ul><ul><li>Global opportunities </li></ul><ul><li>Improved political relations </li></ul>
  5. 5. When Did International Business Start? <ul><li>China, India, and Japan 15,000 years ago </li></ul><ul><li>Africa and South America thousands of years ago </li></ul><ul><li>Eleventh century </li></ul><ul><li>Fifteenth and sixteenth centuries </li></ul><ul><li>Colonization </li></ul>
  6. 6. Selected Countries and Their Colonial Heritage Continued on next slide 1818 Spain Chile 1867 France, United Kingdom Canada 1960 France Chad 1960 Turkey, United Kingdom Cyprus 1821 Spain El Salvador 1822 Portugal Brazil 1901 United Kingdom Australia 1953 France Cambodia Year of Independence Colonized By Country
  7. 7. Selected Countries and Their Colonial Heritage Continued from previous slide Vietnam United States South Africa Namibia Mozambique Mexico Iceland Country France United Kingdom, France, Spain, Russia United Kingdom, Netherlands Germany, South Africa Portugal Spain Norway, Denmark Colonized By 1955 1776 1910 1990 1975 1821 1944 Year of Independence
  8. 8. LESSON 1-2 International Business Basics <ul><li>GOALS </li></ul><ul><li>Describe basic inter-national business activities. </li></ul><ul><li>Explain the components of the international business environment. </li></ul><ul><li>Name important skills for international business and describe the importance of international business for workers, consumers, and citizens. </li></ul>
  9. 9. The Fundamentals of International Trade <ul><li>Imports </li></ul><ul><li>Exports </li></ul><ul><li>Trade barriers </li></ul>
  10. 10. The International Business Environment <ul><li>Geographic conditions </li></ul><ul><li>Cultural and social factors </li></ul><ul><li>Political and legal factors </li></ul><ul><li>Economic conditions </li></ul>
  11. 11. The International Business Environment <ul><li>GEOGRAPHIC CONDITIONS </li></ul><ul><li>Climate </li></ul><ul><li>Terrain and seaways </li></ul><ul><li>Natural resources </li></ul><ul><li>Agriculture products </li></ul><ul><li>ECONOMIC CONDITIONS </li></ul><ul><li>Type of economic system </li></ul><ul><li>Education level </li></ul><ul><li>Type of industries </li></ul><ul><li>Technology </li></ul><ul><li>CULTURAL & SOCIAL FACTORS </li></ul><ul><li>Language </li></ul><ul><li>Education </li></ul><ul><li>Religion </li></ul><ul><li>Values and customs </li></ul><ul><li>Social relationships </li></ul><ul><li>POLITICAL & LEGAL FACTORS </li></ul><ul><li>Type of government </li></ul><ul><li>Political stability </li></ul><ul><li>Government policies toward business </li></ul>
  12. 12. The Global Business World <ul><li>International business skills </li></ul><ul><ul><li>History </li></ul></ul><ul><ul><li>Geography </li></ul></ul><ul><ul><li>Foreign language </li></ul></ul><ul><ul><li>Cultural awareness </li></ul></ul><ul><ul><li>Study skills </li></ul></ul><ul><li>The global citizen </li></ul>
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