on global business management 2016

1. BY –
P VIGNESH 1ST MBA (IMLM)

2. Global Business Management
 The moment we start to cross our borders for business or
exchange of good & services is called Global business and its
management is known as global business management.
 Cross culture interaction takes place in global business
environment.
 To enter and survive in global business it is important to know
each & every detail of the opposite culture, practices, to do
business with them.
 To share resources and vegetation among the worlds
globalization came to existence.

3. WHEN ? GLOBAL BUSINESS STARTED
 The exchange of goods over great distances goes back a
very long time at Europe in the Stone Age
 In the 16th century all of the continents came to be
routinely linked by ocean-based communications.
 After the 16th Century Companies like East India, Dutch
East India and Greece, Spain, & Portuguese Traded all over
the world.
 At present World trade organization(WTO) &
GATT(General Agreement on Trade & Tariffs) Governing the
individual organizations across the globe.

4. WHY ? GLOBAL BUSINESS NEEDED
 Primarily to exchange resources among the countries equally &
according to their necessity.
 As the resources are not equally available among nations,
Global business came to share and exchange among each others.
 At present apart from natural resources, to share information's,
ideas, knowledge, technology & services among nations this
global business scenario is engaging.
 Eradicating Poverty, Inculcating Education & maintaining
peace among each others.

5. WHERE ? MOSTLY GLOBAL BUSINESS OCCUR
 Global business occurs where resources are abundantly
available.
 Developed nations target on developing nations to produce
goods & services at low cost and quality one.
 Countries like America, Europe are interested in doing
business in China, India & Africa as all resources are available
abundantly.

6. PRESENT MODES OF GLOBAL BUSINESS
• IMPORT/EXPORT
• Subsidiaries
• Free Trade Policy
• Bilateral Agreements
• Common Market
• FDI (Foreign Direct investment)
• BOT (build–operate–transfer)
• BOOT (build–own–operate–transfer)
• BOO (build–own–operate)
• BLT (build–lease–transfer)

7. Barriers in Global business Management
 Negotiating Environment
 Cultural Issues
 Ideology
 Foreign Bureaucracies
 Foreign Governments
 Currencies
 Instability of the Relationship

8. Role of Shipping & Logistics in Global Business
 After the development of proper merchant ships & Sea
routes the trade between the long distant nations become easy.
 At present roughly ninety percent of the world’s goods are
transported by sea with over seventy percent as containerized
cargo.
 Shipping is the gateway for most of the nations open market,
and Globalization.

9. CONCLUSION
Therefore the Global business Management is the current
trend in all aspects and it transformed from the purpose of
exchange of resources alone to Ideas,
Knowledge, Culture, Migration. Most of the product we are
using now is somehow related to global business via
outsourcing at any part of the world. Understanding peoples
values culture & practices will result in Successful Global
Business Management.