Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
GLOBAL ASPECTS OF
ENTREPRENEURSHIP
 Creating a world wide web
 Relying on intermediaries
 Creating joint venture
 Foreign licensing
 Contra trading and ...
 STEP1.Connecting to e-mail
 E-mail gives entrepreneurs the ability to communicate with customers
anywhere in the world....
*EXPORT MANAGEMENT COMPANIES
Merchant intermediaries that provide small business with a low
cost, efficient, off-site inte...
*EXPORT MERCHANTS
Domestic wholesalers that do business in foreign
markets. They buy goods from many domestic
manufacturer...
*FOREIGN DISTRIBUTORS
Domestic small companies export their products to
distributors that handle all of the marketing ,
di...
Joint ventures both domestic and foreign lower
the risk of entering global markets for small
businesses. They also give sm...
 FOREIGN LICENCING
Rather than sell their products or services directly
to customers overseas, some small companies
enter...
 COUNTER TRADING AND BARTERING
Counter Trade is a transaction in which a
company selling goods in a foreign country
agree...
Strategies for going global
Strategies for going global
Upcoming SlideShare
Loading in …5
×

Strategies for going global

900 views

Published on

its gonna be a presentation taken by tauseef sahib..

  • Be the first to comment

Strategies for going global

  1. 1. GLOBAL ASPECTS OF ENTREPRENEURSHIP
  2. 2.  Creating a world wide web  Relying on intermediaries  Creating joint venture  Foreign licensing  Contra trading and bartering  Exporting  Establishing international location
  3. 3.  STEP1.Connecting to e-mail  E-mail gives entrepreneurs the ability to communicate with customers anywhere in the world.  Less expansive than international telephone calls.  STEP2. Using the web to conduct international market research  They explore the web's capacity to generate sales leads by researching customers and market strategies in other countries.  STEP3. Building a globally accessible web site  Through making a website they can offer products and services in other countries.
  4. 4. *EXPORT MANAGEMENT COMPANIES Merchant intermediaries that provide small business with a low cost, efficient, off-site international marketing department. *EXPORT TRADING COMPANIES Businesses that buy and sell products in a number of countries and offer a wide variety of services to their clients. *MANUFACTURER S EXPORT AGENTS Manufacturers export agents act as international sales representatives in a limited number of markets for various noncompeting domestic companies.
  5. 5. *EXPORT MERCHANTS Domestic wholesalers that do business in foreign markets. They buy goods from many domestic manufacturers and then market them in foreign markets. *RESIDENT BUYING OFFICES Another approach to exporting is to sell to a resident buying office, a government owned or privately owned operation of one country established in another country for the purpose of buying goods made there.
  6. 6. *FOREIGN DISTRIBUTORS Domestic small companies export their products to distributors that handle all of the marketing , distribution, and service function.
  7. 7. Joint ventures both domestic and foreign lower the risk of entering global markets for small businesses. They also give small companies more clout in foreign lands.  DOMESTIC JOINT VENTURE  FOREIGN JOINT VENTURE
  8. 8.  FOREIGN LICENCING Rather than sell their products or services directly to customers overseas, some small companies enter foreign markets by licensing businesses in other nations to use their patents, trademarks, copyrights, technology, process, or products.  INTERNATIONAL FRANCHISING  To boost sales and profits as the domestic market has become increasingly saturated with outlets and much tougher to wring growth form.
  9. 9.  COUNTER TRADING AND BARTERING Counter Trade is a transaction in which a company selling goods in a foreign country agrees to promote investment and trade in that country. Bartering The exchange of goods and services for other goods and services.

×