This document provides an introduction to international business management, globalization, and the trading environment of international trade. It discusses key topics such as the meaning and features of international business, the definition and dimensions of globalization, and the stages of globalization. It also outlines some of the key factors in the trading environment for international trade, including competition, technology, the economy, culture, politics/law, geography/infrastructure, and the structure of distribution. The overall document serves to introduce foundational concepts for understanding international business management in the context of globalization and international trade.
In this presentation, we will discuss about International Business Environment while focusing on the factors to globalize a business. Types of international business, growing importance to globalize, motivators to become an international company for a domestic firm will also be discussed here. Various favorable business environment and strategic decisions that influence and affect international business will be discussed along with.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
People looking out for International Trade theories, This Porters Diamond will be a useful presentation for you!... If requested on mail i will send you any particular Topic in International Business.
All the Best!
In this presentation, we will discuss about International Business Environment while focusing on the factors to globalize a business. Types of international business, growing importance to globalize, motivators to become an international company for a domestic firm will also be discussed here. Various favorable business environment and strategic decisions that influence and affect international business will be discussed along with.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
People looking out for International Trade theories, This Porters Diamond will be a useful presentation for you!... If requested on mail i will send you any particular Topic in International Business.
All the Best!
> To define globalization and international business and show how they affect each other
> To understand why companies engage in international business and why international business growth has accelerated
> To discuss globalization’s future and the major criticisms of globalization
> To become familiar with different ways in which a company can accomplish its global objectives
> To apply social science disciplines to understanding the differences between international and domestic business
> To define globalization and international business and show how they affect each other
01 Globalization and International BusinessBrent Weeks
To define globalization and international business and show how they affect each other
To understand why companies engage in international business and why international business growth has accelerated
To discuss globalization’s future and the major criticisms of globalization
To become familiar with different ways in which a company can accomplish its global objectives
To apply social science disciplines to understanding the differences between international and domestic business
international trade theory
,
why is free trade beneficial
,
what role does government have in trade
,
what is mercantilism
,
what is the heckscher-ohlin theory
,
how does the theory of absolute advantage work
,
is a current account deficit bad
,
what is smith’s theory of absolute advantage
,
what is the balance of payments
,
what is new trade theory
,
what is ricardo’s theory of comparative advantage
06 International Trade and Factor MobilityBrent Weeks
To understand theories of international trade
To explain how free trade improves global efficiency
To identify factors affecting national trade patterns
To explain why a country’s export capabilities are dynamic
To understand why production factors, especially labor and capital, move internationally
To explain the relationship between foreign trade and international factor mobility
Presentation on international business( differences in culture)Md. Sourav Hossain
This assignment will help every student for making their assignment and presentation better and effective. From it every student will understand the cultural differences in the world.
> To define globalization and international business and show how they affect each other
> To understand why companies engage in international business and why international business growth has accelerated
> To discuss globalization’s future and the major criticisms of globalization
> To become familiar with different ways in which a company can accomplish its global objectives
> To apply social science disciplines to understanding the differences between international and domestic business
> To define globalization and international business and show how they affect each other
01 Globalization and International BusinessBrent Weeks
To define globalization and international business and show how they affect each other
To understand why companies engage in international business and why international business growth has accelerated
To discuss globalization’s future and the major criticisms of globalization
To become familiar with different ways in which a company can accomplish its global objectives
To apply social science disciplines to understanding the differences between international and domestic business
international trade theory
,
why is free trade beneficial
,
what role does government have in trade
,
what is mercantilism
,
what is the heckscher-ohlin theory
,
how does the theory of absolute advantage work
,
is a current account deficit bad
,
what is smith’s theory of absolute advantage
,
what is the balance of payments
,
what is new trade theory
,
what is ricardo’s theory of comparative advantage
06 International Trade and Factor MobilityBrent Weeks
To understand theories of international trade
To explain how free trade improves global efficiency
To identify factors affecting national trade patterns
To explain why a country’s export capabilities are dynamic
To understand why production factors, especially labor and capital, move internationally
To explain the relationship between foreign trade and international factor mobility
Presentation on international business( differences in culture)Md. Sourav Hossain
This assignment will help every student for making their assignment and presentation better and effective. From it every student will understand the cultural differences in the world.
International Business (BBA MBA) advantages & disadvantages of international busine, approaches of international business, entry strategy, imf, international business (bba mba) entry policy, international organization, nature & scope & feature of international business, need for international business, reasons for recent growth in international busines, what is international business ?university of solapur
Theories of International trade gives a brief account on what different theories are being used in the industry and by countries in understanding the behavior of exports & imports of commodities.
6. International Marketing, Market Selection, Modes of Entry in International...Charu Rastogi
This presentation defines international marketing, international marketing decisions, challenges of international marketing, and driving and restraining forces of international marketing. It goes on to discuss the process of market selection, firm related, market related and other factors effecting market selection. It also reflects on various modes of entry into foreign markets such as exporting (commercial strategy, commercial mode), foreign direct investment (industrial strategy, integrated modes) and associated or contractual modes (contractual strategy, competitive alliances). The presentation closes with a case study on the experience of Proctor and Gamble (P&G) in various international markets like Japan, China and India.
I. INTRODUCTION
international Marketing is an important perception for
various economies and countries of the World. The 90’s
decade saw a significant change in the structure of
International Marketing. Technology has changed with many
new advancements and innovations . This has resulted in
having better transport system, good communication methods
which in turn has brought the whole world together and made
it so small. Liberalization, privatization and globalization have
made the term Global Market very significant in nature. This
meant company could produce larger quantity of goods at
cheaper rates just because of technical and technological
changes. That’s why many companies are now forced to look
beyond their domestic boundaries to get entry in global
markets. Newer market meant bigger challenge to conquer
them. This has made international marketing indispensable.
MBA SEM-III
307– International Business Environment
Generic Elective – University Level
1. Introduction to International Business: Importance, nature and scope of International business; modes of entry into International Business, internationalization process. Globalization: Meaning, Implications, Globalization as a driver of International Business. The Multinational Corporations (MNCs) – evolution, features and dynamics of the Global Enterprises. Consequences of Economic Globalization, Brexit, Reverse globalization. (5+1)
2. International Business Environment: Political Economy of International Business, Economic and Political Systems, Legal Environment, Cultural Environment, Ethics and CSR in International Business. (5+1)
3. International Financial Environment: Foreign Investments - Pattern, Structure and effects. Theories of Foreign Direct Investment, Traditional and Modern theories of FDI, Modes of FDI - Greenfield, Brownfield Investments, Mergers and Acquisitions, Motives of FDI, FDI contrasted with FPI. Basics of Forex Market. (5+1)
4. International Economic Institutions and Agreements: WTO, IMF, World Bank, UNCTAD Tariff and Non-tariff Barriers. Balance of Payment Account: Concept and significance of balance of payments, Current and capital account components. Introduction to Basic Concept of IFRS. (5+1)
5. Emerging Issues in International Business Environment: Growing concern for ecology, Digitalisation; Outsourcing and Global Value chains. Labor and other Environmental Issues, Impact of Pandemic COVID-19 on international trade. (5+1)
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This presentations discusses International Accounting Standard on Foreign Transactions (IAS 21). Important definitions, functional currency, initial recognition, subsequent measurement & recognition of exchange difference at initial stage and use of temporal and net investment method at the time of consolidation of financial statements are covered.
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In this presentation we discuss Definition of foreign currency and foreign transactions- trade and non trade, and Role of participants in Forex markets.
Unit 1 Overview of International BusinessCharu Rastogi
This presentation deals with general introductory topics such as globalization and its impact, WTO and its impact, Role of World Bank, IMF, Special Drawing Rights, Nature, scope and significance of international finance and Use of IT in international finance.
8. International Currency and Currency CrisisCharu Rastogi
This presentation deals with Euro Phases, Benefit and Cost of the Euro, Euro and Implication for India, Trade Invoicing in Euro vs. Dollars and South East Asian Currency Crisis
7. Trade Laws, Bilateral and Multilateral Trade Agreements, World Trade Organ...Charu Rastogi
This presentation defines bilateral and multilateral trade laws, General Agreement on Trade and Tariffs (GATT), World Trade Organization – Different Rounds, Intellectual Property Rights (IPR), TRIPS, TRIMS, GATS, Ministerial Conferences and SAARC. The presentation closes with a case study on the India-US Basmati Rice dispute.
5. Methods of Payment in International Trade/Export and Import FinanceCharu Rastogi
This presentation discusses methods of obtaining export and import finance such as Accounts Receivable Financing, Factoring (Cross-Border Factoring), Letters of Credit (L/C) Banker’s Acceptance (BA), Working Capital Financing, Medium-Term Capital Goods, Financing (Forfaiting) and Countertrade. It also discusses methods of payment of international trade; Cash in Advance, Letters of Credit, Documentary Collections and Open Account followed by a comparative study of different methods. Furthermore, types of letter of credit and procedure of working of a letter of credit are also discussed.
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The presentation starts with a case study on political risks in Russia. It also discusses the components of balance of payments, difference between balance of trade and balance of payment, functions and role of International Monetary fund in the recent economic crisis, World Bank and Asian Development Bank.
2. Theories of International Trade, Tariff and Non-tariff barriers and Trade ...Charu Rastogi
This presentation starts with an overview of the initial theories of international trade like mercantilism, theory of absolute advantage, theory of comparative advantage and factor proportions theory. It goes on to discuss trade barriers, tariff and non-tariff barriers and trade blocks.
This presentation explores financial products and services in detail. It discusses the Indian Financial System and its constituents. Financial products are classified as per the place of issue/trade; Banks, Money market, Capital market, Asset / Fund based, Fee based. It also reflects on ‘How financial products are managed’ in the course of an individual’s Financial Planning Process.
This presentation starts with a short introduction to money and how financial services are a means of facilitating its various functions. Financial Services and Financial Products are discussed in detail with special emphasis on their types, characteristics, marketing and the financial services industry. The presentation ends with an exercise requiring you to visit a web resource and answer the questions that follow.
This presentation considers the possibility of a second recession in the face of the ongoing European Debt Crisis, misguided attempts to address the crisis through austerity and struggling world economies. It also reflects on the impact of the probable break-up of EU’s currency union, measures to avert the scenario and vulnerable positions of the economies of the USA, China and India to more trouble in the Euro-zone.
The doomsday scenario has been summarized by Martin Wolf of Financial Times (May 17, 2012):
“The mechanisms at work would be powerful: bank runs; the imposition of (illegal) exchange controls; legal uncertainties; asset price collapses; unpredictable shifts in balance sheets; freezing of the financial system; disruption of central banking; collapse in spending and trade; and enormous shifts in the exchange rates of new currencies.
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This presentation details recent frauds in the Indian retail Industry. It discusses the perpetrators of such fraud (customers, employees and top management) and stages in the value chain most susceptible to fraud (Property acquisition, merchandise sourcing, third party vendors, accounting books).
This presentation explains the recent depreciation of rupee against dollar, in the backdrop of European Debt Crisis and India's domestic woes. It also reflects on the possible solutions to this dramatic fall and its impact on us.
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1. Introduction to International Business, Globalization and Trading Environment of International Trad
1. Introduction to International
Business, Globalization and
Trading Environment of
International Trade
International Business Management
Mrs. Charu Rastogi, Asst. Prof.
2. Agenda
Meaning and features of International Business
Management
Globalization
◦ Meaning
◦ Dimensions
◦ Stages
◦ Boon or bane
Trading Environment of International Trade
Mrs. Charu Rastogi, Asst. Prof.
3. International Business Mgt :
Meaning
Very simply, IB refers to business transactions
crossing national borders at any stage of the
transaction.
It refers to all business activities which involve
cross border transactions of goods, services,
resources between two or more nations.
Transaction of economic resources include capital,
skills, people etc. for international production of
physical goods and services such as finance,
banking, insurance, construction etc.
Mrs. Charu Rastogi, Asst. Prof.
4. International Business Mgt :
Features
Large scale operations
Integration of economies (uses diff resources from diff
countries)
Dominated by developed countries and MNCs (as they
have the best financial, human and technical resources)
Benefits to participating countries (foreign capital,
technology, industrial dev, employment)
Keen competition (weak position of developing cuntries)
Special role of science and technology
International restrictions (on capital and technology
flow; barriers, duties, trade blocks are there)
Sensitive nature (Any changes in the economic policies,
technology, political environment, etc. have a huge
impact)
Mrs. Charu Rastogi, Asst. Prof.
5. Globalization : Meaning
IMF defines globalization as: ‘the growing
economic interdependence of countries worldwide
through increasing volume and variety of cross-
border transactions in goods and services, freer
international capital flows, and more rapid and
widespread diffusion of technology’
Globalization is the movement towards the
expansion of economic and social ties between
countries through the spread of corporate
institutions and the capitalist philosophy that leads
to the shrinking of the world in economic terms
It is characterized by growing economic, financial,
trade, and communications integration.
Mrs. Charu Rastogi, Asst. Prof.
8. Globalization : Dimensions
Economic: global finance and economy,
multinationals, networking, international trade and
business, new labour markets, new development
cooperation
Political: human rights, international terrorism, war
and new security problems
Democracy: good governance by people’s
participation, Human rights.
Ecological: sustainable globalization: use of
common resources and legislation (biosphere;
water, forest, earth, air, atmosphere)
Cultural: multicultural society of different identities:
local, political, gender, family, religious, national,
Mrs. Charu Rastogi, Asst. Prof.
individual and social.
9. Stages of Globalization
Stages 1. Domestic 2. International 3. Multinational 4. Global
Strategic Domestically Export Oriented,
Multinational Global
Orientation Oriented Multi-domestic
Explosion of
Stage of Initial foreign Competitive Global
international
development investment positioning
operations
Cultural Of little Somewhat Critically
Very Important
Sensitivity importance important Important
Manager The least cost Many good
One best way Many good ways
Assumptions way ways
Mrs. Charu Rastogi, Asst. Prof.
10. Stage 1: Domestic
Market potential is limited to the home country.
Production and marketing facilities located at home
Surplus may or may not be exported
No overt efforts to develop foreign markets
Mrs. Charu Rastogi, Asst. Prof.
11. Stage 2: International
Which markets to enter?
Market entry strategies
◦ Off-shoring / global outsourcing (seeking cheaper source of
raw material or labour)
◦ Exporting
◦ Licensing
◦ Franchising
◦ Joint Ventures / Acquisitions
◦ Direct Investments
Mrs. Charu Rastogi, Asst. Prof.
12. Stage 3: Multinational
The domestic based company begins to carry out
its own manufacturing, marketing and sales in
the key foreign markets.
The company moves to a full insider position in
these markets, supported by a complete
business system including R & D and
engineering.
This stage calls on the managers to replicate in a
new environment the hardware, systems and
operational approaches that have worked so well
at home.
It forces them to extend the reach of domestic
headquarters, which now has to provide support
functions such as personnel and finance, to all
overseas activities.
Mrs. Charu Rastogi, Asst. Prof.
13. Stage 4: Global
The company moves toward a genuinely global mode of
operation.
To make this organizational transition, a company must
denationalize their operations and create a system of values
shared by corporate managers around the globe to replace
the glue a nation based orientation once provided.
Today's global corporations are nationality-less because
consumers have become less nationalistic. True global
corporations serve the interests of customers, not
Governments. They do not exploit local situations and then
repatriate all the profits back home, leaving each local area
poorer for their having been there.
They invest, they train, they pay taxes, they build up
infrastructure and they provide good value to customers in all
the countries where they do business.
IBM Japan, for instance, has provided employment to about
20,000 Japanese and over the past decade has provided
three times more tax revenue to the Japanese Government
than has the Japanese company Fujitsu
Mrs. Charu Rastogi, Asst. Prof.
14. Globalization : Boon or Bane
One man’s food is another man’s
poison.
Mrs. Charu Rastogi, Asst. Prof.
Media advertising is not permitted in Libya.SeveralEuropean countries restrain the use of children in commercial advertisements.In a number of countries, including India, the advertisement of alcoholic liquoris prohibitedIn countries like Germany, product comparisonadvertisements and the use of superlatives like ‘best’ or ‘excellent’ inadvertisements is not allowed the two mostimportant foreign markets for Indian shrimp are the U.S and Japan.Theproductattributes for the success of the product in these two markets differ.In the U.S.market, correct weight and bacteriological factors are more important rather thaneye appeal, colour, uniformity of size and arrangement of the shrimp which arevery important in Japan.A very interestingexample is that of the Vicks Vaporub, the popular pain balm, which is used as amosquito repellant in some of the tropical areas.