The document outlines the concept of international business, which involves the trade of goods, services, technology, and capital across national borders, dating back to the 19th century. It describes stages of company development from domestic to transnational and discusses factors influencing globalization, including economic, political, and social impacts. The document also identifies challenges such as tariffs, quotas, and corruption that affect international trade.

1. PREPARED BY :-SANAGAMESH UPPAR
LECTURER IN COMMERCE
9740522622

2.  The concept of international business a
broader concept relating to the integration of
economies and societies dates back to the 19th
century
 The first phase of globalisation began around
1870
 Establishment of IMF,IBRD WTO
 International trade-international marketing-
international business

3.  International
business refers to the
trade of goods, services,
technology, capital
and/or knowledge
across national borders
and at a global or
transnational scale. It
involves cross-border
transactions of goods
and services between
two or more countries.

4.  Stage-1 Domestic
company
 Stage-2 international
company
 Stage-3 Multinational
company
 Stage-4 Global
company
 Stage-5 Transnational
company

5.  Globalization
 Impact of Inflation
 Impact of National Income
 Impact of Government Policies
 Subsidies for Exporters
 Environment factors
 Political factors

7.  Ethnocentric approach
 Polycentric approach
 Regiocentric approach
 Geocentric approach

8.  High living standards
 Increased soci-economic welfare
 Wider market
 Reduced effects of business cycle
 Reduced risk
 Large scale economic
 Potential untapped markets
 Division of labour and specialization
 Economic growth of the world
 Optimum utilization of world resource

9.  Political factors
 Huge foreign indebtedness
 Exchange instability
 Entry requirements
 Tariffs , quotas, trade barriers
 Corruptions
 Bureaucratic practices of government
 Technological pirating
 Quality maintenance

10. Thank you