What are Global Businesses What is the global Business project International company structure Foreign laws and regulations International accounting cost calculations with global pricing strategy Universal payment methods

1. CHALLENGES IN GLOBAL
BUSINESS PROJECT
PRESENTATION BY :-
SANCHITA DEB

2. INTRODUCTION
 A company that operates facilities in many
countries around the world.
 Different from an international business, which sells
products worldwide but has facilities only in its
home country.
 Helps enterprises expand their market share,
reduce costs and become more competitive.
 Developing economies also can benefit from
global business.
 Examples of global business – Starbucks,
Coca-Cola, Apple

3. CHALLENGES IN GLOBAL BUSINESS
PROJECT
1. International company structure
● The structure of your organization and the
location of your teams.
● Evaluate your company's mission and
strategy
● Build your organizational structure from
there.
● Coca-Cola offers one example of effective
multinational business structure

4. 2. Foreign laws and regulations
● Along with getting your company structure in
place, gaining a comprehensive understanding
of the local laws and regulations
● From tax implications through to trading
laws, navigating legal requirements is a
central.
● Being aware of tax treaties between countries
where your business is trading will help to
ensure you’re not paying double taxes
unnecessarily.

5. 3. International accounting
● Accounting can present a challenge to
multinational businesses who may be liable
for corporation tax abroad.
● A focus on tax efficiency is often the aim
of international accounting efforts.
● . Different tax systems, rates, and compliance
requirements can make the accounting
function of a multinational
organization significantly challenging.
● Accounting strategy is key to
maximizing revenue.

6. 4. Cost calculation and global
pricing strategy
● Setting the price for your products and
services is major consideration of your
strategy.
● Researching the prices of direct, local-market
competitors can give you a benchmark.
● Pricing can also come down to how you choose
● Example- Swedish furniture giant Ikea, known
in Europe for its low-cost value, struggled
initially in China .

7. 5. Universal payment methods
● Determining acceptable payment methods
and ensuring secure processing must be a
central consideration for businesses who
seeks to trade internationally.
● Accepting well-known global payment
methods through companies like Worldpay.
● Accepting wire transfers, PayPal payments,
and Bitcoin, are other possibilities.
● With Bitcoin users benefiting from no bank
or credit card transaction fees.