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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and diversify simultaneously –Best companies will avoid trap of focusing on country as the primary segmentation variable International Marketing- is the performance of business activities designed to plan‚ price‚ promote‚ and direct the flow of a company’s goods and services to consumers or users in more than one nation for a profit. •An entry strategy into international market should reflect on analysis –Market characteristics •Potential sales •Strategic importance •Strengths of local resources
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inequalities between both parties • Belittle your informal gift at visit (“It’s only a token but..”) Cultural Awareness and Business • Canadian firms going global must determine the cultural differences • Decide whether or not their business can adapt to foreign culture Extent of foreign operations • Level of cultural awareness will depend on how much business a company does in foreign country • Primary domestic operations that export do not need to care •
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POLITICAL RISK IN INTERNATIONAL BUSINESS The term business normally refers to the act of doing any transactions that ends up in earning or losing money. The act that is ending up in financial implications is called business. This business can be considered as a result of collective commercial transactions of all types involving government‚ private‚ corporate‚ individual or a group of individual‚ and so on. Anyone involve in the business usually undertakes such operations only for the purpose
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on international business…..7 The road ahead for international business……..……9 Summary…………………………………….………..11 Reference………………………………..……………12 Introduction Every day we hear it on the news‚ read it in the papers‚ overhear people talking about it… and in every single instance the word globalization seems to have a different meaning. So‚ what is globalization? What are its main drivers? Why and how does globalization impact international business? What’s the future of international business
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Topic 1: International Business 1. Why companies engage in international business? There are three major operating objectives that underline the reasons for companies to engage in international business: -expanding sales: pursuing international sales usually increases the potential market and potential profits -acquiring resources: foreign sources may give companies lower costs‚ new or better products‚ additional operating knowledge -minimizing risk: international operations may reduce
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International Relations in an Age of Uncertainty 1919-1933 Cambridge International History Page 41-48 Mrs. Katie Aufenanger Boca Raton High School Revolutions & New Governments Political effects of WWI were devastating › Tsarist regime (Nicholas II and the Romanovs) in Russia was overthrown by the Bolshevik Revolution (1917) › Kaiser Wilhelm II was forced to abdicate (1918) Revolution seemed a genuine threat in every European capital. Woodrow Wilson (1856-1924) Became President
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SOCIAL AND PSYCHOLOGICAL SOURCES OF POWER IN BANGLADESH Power is the capacity to direct the decisions and actions of others. Power in international relation means the ability to influence the threat or use of force‚ economic interaction or pressure‚ diplomacy‚ and cultural exchange. There are three sources from where power of a state can be evaluated. These are: Natural sources‚ social and psychological sources and synthetic sources of power. Natural sources of power provides backstopping
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Prepared for Mrs. Pupo-Apostolou 12 International Business Portfolio: Switzerland Doing Business with a Foreign Country By: Christina Weng‚ Andrew Shon‚ and Ian Jeung Table of Contents Introduction 3 A History of Canada and Switzerland’s Trade Relationships 3 A Snapshot of Switzerland 5 Brand Names in Switzerland 8 Competitive and Absolute Advantage of Switzerland 10 Working in Switzerland 17 International Agreements 20 Risk Assessment 23 Consumer Profile 24 Advertising
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Kazakh Abylaikhan University of International relations and World languages Faculty of International relations Regional studies Theme: SCO and border security of Central Asia Done by: Karzhaubayeva Kh Checked: Kadyrzhanov R.K Almaty‚2014 Introduction One of the same multilateral security structures on the Eurasian continent is the Shanghai Cooperation Organization. Founded originally as a political union of the five countries‚ which has set a goal to resolve
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