International business is a term used to collectively describe all commercial transactions (private and governmental‚ sales‚ investments‚ logistics‚and transportation) that take place between two or more nations. Usually‚ private companies undertake such transactions for profit; governments undertake them for profit and for political reasons.[1] It refers to all those business activities which involves cross border transactions of goods‚ services‚ resources between two or more nations. Transaction
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disadvantages of raising long term debt and equity capital via the global capital markets as opposed to the more traditional methods employed by the company of raising funds through the domestic markets. 2. Global Capital Revenue v Domestic Raising capital in the global market place has a number of advantages over raising capital solely in the domestic market place. The first advantage is that by going global it will open the company up a larger market and will provide far more opportunities to raise capital
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THE UTILITY CONCEPT THE term utility refers to satisfaction a consumer gets from whatever goods and services he consumes. It will be useful to discuss between two utility concepts: (i) total utility (ii) marginal utility Total utility attained from a commodity refers to the sum total of satisfaction which a consumer receives by consuming the various units of the commodity. The more units he consumes‚ the greater will be his total satisfaction upto a certain point. As he keeps on
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International Business is when corporations conduct business within in the global market. In order to be successful‚ international business requires a great deal of strategy. It is important to understand not only the political‚ cultural‚ monetary aspects but also the basics of labor forces and how they influence international business. Labor Quality Labor quality is an essential component to consider. Prior to finalizing business contracts and moving to expansion‚ the labor force should be analyzed
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Five Forces This model focuses on the study of the competitive influences or ‘forces’ on a business. When we discuss competitive factors on a firm‚ we usually consider other firms within the same industry selling similar products. [1] and although it is true that other firms in the same industry present competition‚ Porter challenged this over simplified view by considering other forces that will also affect the firms competitive ability . The diagram below highlights the 5 main forces.
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Legal Aspects of a Business Subjecc: Princples of Business Introduction When starting up a new business it is very important to look at the legal aspects which will influence the company in the future. In this part of the information file there will be the most important legal aspects for running a student company. First there is the selection of business form‚ in which there will be a compairison between the different possible forms. Afterwards a
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Global forces and the European Brewing industry –Case 1 Table of Contents Introduction……………………………………………………………2 PESTEL……………………………………………………………….2 Porter’s Five Forces…………………………………………………..4 Strengths & weakness of Companies………………………………..5 Impact of Trends on the Companies………………………………..7 Bibliography……………………………………………………………8. Introduction This case shows how global forces have impact on European brewing industry and how these companies are trying to overcome the obstacles. In spite
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Business and the Economic Environment Macroeconomics The study of the whole economy The study of macroeconomics is primarily concerned with the total level of spending/demand and production/supply employment and unemployment levels rate of interest and inflation exchange rate In effect‚ it is concerned with making the most efficient use of an economy’s resources The Circular Flow of Income The circular flow of income‚ shown below‚ illustrates the interrelationship between the main parts
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Global Market Opportunity Assessment Country Snapshot Introduction This Global Market Opportunity Assessment has been written to provide current and accurate country information and statistical data to help identify a suitable target market for Gloria Jeans Australia to conduct business with internationally. The assessment with provide a country snapshot for the three chosen countries; being Brazil‚ Denmark & Sri Lanka‚ with a comparison to each other which will provide a ranking or score based
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Journalist‚ Researcher‚ and Writer BusinessEducationHealthHistoryMisc.SportsAbout Economic Globalization: An unstoppable force Written on July 1‚ 2011 Source: Angus Maddison‚ Oxford University Press‚ 2007 Economic globalization has been occurring since the Hellenistic Age (323 BC) but it is since the industrial revolution‚ particularly from the mid 1800s‚ that trade between countries has had a notable increase. Today‚ however‚ there appears to be a parabolic rise due to the advent of
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