Your SlideShare is downloading. ×
0
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
International business
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

International business

816

Published on

Published in: Business
0 Comments
3 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
816
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
3
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. INTERNATIONAL BUSINESS
  • 2. International Business - the transfer of: 1. resources 2. goods 3. services 4. knowledge 5. skills 6. or information across national boundaries - all commercial transactions that take place between two or more regions, countries and nations: 1. private and governmental 2. sales 3. investments 4. logistics 5. transportation
  • 3. International Business  International Transactions  International Trade  International Investment  International Firm  Multinational Enterprise (MNE) - often called as Multinational Company (MNC) or Transnational Company (TNC) Examples: 1. Philippine Airlines (PAL) 2. Philippine National Bank (PNB) 3. Convergys Corporation 4. Ayala Land, Inc. 5. STI Colleges 6. National Power Corporation (NAPOCOR) 7. Mercury Drug 8. Universal Robina Corporation 9. Gerry’s Grill
  • 4. International Trade Theories 1. Mercantilism - Is the economic doctrine that government control of foreign trade is of paramount importance for ensuring the military security of the country.
  • 5. International Trade Theories 2. Absolute Advantage - Refers to the ability of a party (an individual, or firm, or country) to produce more of a good or service than competitors, using the same amount of resources.
  • 6. International Trade Theories Example of Absolute Advantage: Party B has the absolute advantage. Party A can produce 5 widgets per hour with 3 employees. Party B can produce 10 widgets per hour with 3 employees. Party Widgets per Hour Number of Employees A 5 3 B 10 3
  • 7. International Trade Theories 3. Comparative Advantage - Refers to the ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another.
  • 8. International Trade Theories Example of Comparative Advantage: Maid has the comparative advantage. John Maid Earns $300/hour Works $25/hour 1 hour to clean 8 hours to clean Absolute advantage Comparative advantage He loses $300 Profit $100
  • 9. International Trade Theories 4. Factor Proportions Theory - Trade theory holding that countries produce and export those goods that require resources (factors) that are abundant (and thus cheapest) and import those goods that require resources that are in short supply.
  • 10. International Trade Theories 5. Vernon’s Product Life-Cycle Theory - Theory suggests that early in a product's life-cycle all the parts and labor associated with that product come from the area in which it was invented.
  • 11. International Trade Theories 5. Vernon’s Product Life-Cycle Theory Five Stages: • Introduction • Growths • Maturity • Saturation • Decline
  • 12. International Trade Theories 6. New Trade Theory - A collection of economic models in international trade which focuses on the role of increasing returns to scale and network effects, which were developed in the late 1970s and early 1980s.
  • 13. INTERNATIONAL BUSINESS
  • 14. International Trade Patterns Service Trade - Encompasses the import and export of financial services, information services, the provision of education and training, travel and tourism, healthcare, consulting and advisory services, and so on.
  • 15. International Trade Patterns Trade Measurement - Refers to all transactions in which the price of the commodities or goods is based on measurement of quantity or quality.
  • 16. International Trade Patterns Trade Balance - The calculated exports minus imports of goods and services.

×