602 | International Business Environment | 5% quizzes | | | 15% Assignment Paper & Presentation | | 20% mid semester exam | | 60% final exam | | | Text Book: 1. Hill‚ C.W.L. International Business – Competing in the Global Marketplace. McGraw-Hill 8th edition Standard References: 1. Griffin‚ E.W. Pustay M.W. International Business. Pearson/Prentice Hall‚ 6th Edition‚ 2010 2. Czinkota‚ M.R. Ronkainnen‚ I.A. Moffet‚ M.H. Fundamentals of International Business 1st edition
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International Business and Europe Introduction In this assignment I will be concentrating on International Business and the European Union and how it has an effect on businesses in the U.K. The aim of the assignment to use a U.K based organisation as a scenario. I will be writing the assignment based on a report for the Board of Directors from my chosen company. The company I have chosen is a vehicle manufacturer called Octopus Vehicle’s. They currently have been given the opportunity to
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Globalization refers to the increasing unification of the world’s economic order through reduction of such barriers to international trade as tariffs‚ export fees‚ and import quotas. The goal is to increase material wealth‚ goods‚ and services through an international division of labor by efficiencies catalyzed by international relations‚ specialization and competition. It describes the process by which regional economies‚ societies‚ and cultures have become integrated through communication‚ transportation
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CHALLENGES OF INTERNATIONAL BUSINESS MANAGEMENT What are the challenges of International Business Management? International business management is a term that is used collectively to describe all commercial transactions which include; • Private • Governmental • Sales • Investments • Transportation The above take place between two or more nations. It involves all business activities which partake in cross border activities of goods‚ services and resources between nations. Private
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Many U.S. companies are doing business internationally‚ but many complex situations can arise. Having an understanding of cultural differences in the workplace becomes important‚ and to understand these differences‚ people need to know and understand a culture’s ecological correlations‚ or in other words‚ the concepts that describe a culture (Brislin‚ P. 278). In reading the case “Negotiations – BWA Discovers the Indonesian Way” in Understanding and Managing Diversity‚ many cultural issues had
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Negotiating International Business - Egypt This section is an excerpt from the book “Negotiating International Business - The Negotiator’s Reference Guide to 50 Countries Around the World” by Lothar Katz. It has been updated with inputs from readers and others‚ most recently in June 2008. Though the country’s culture is quite homogeneous‚ Egyptian businesspeople are usually experienced in interacting and doing business with visitors from other cultures. However‚ that does not always mean that
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INTRODUCTION International business is a term used to collectively describe all commercial transactions that take place between two or more nations. It refers to all those business activities which involves cross border transactions of goods‚ services‚ resources between two or more nations. It can be either the buying (importing) or selling (exporting) of goods or services on a global basis. In the achievement of the strategic objectives of a self-reliant and dynamic economy‚ the government considers
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The six major modes of international business are imports and exports‚ tourism and transportation‚ licensing and franchising‚ turnkey operations‚ management contracts‚ and direct and portfolio investment. Imports and exports are the most common mode of international business‚ particularly in smaller companies even though they are less likely to export. Large companies are more likely to engage in other modes of international business in conjunction with importing and exporting. Companies may import
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Managerial Function in International Business Importance of managerial function in international business When it comes to international expansion of a business‚ there are many things that the organization must keep in mind. An international business may function similar to a domestic business‚ however‚ the procedures and technicalities differ. Due to level of increasing competition between the global companies‚ it is of utmost importance that the employees are trained to be flexible enough to
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ATW395 (ATP393) – INTERNATIONAL BUSINESS (PERNIAGAAN ANTARABANGSA) Lecturers: 1. Dr. Shankar Chelliah‚ DBA Room/Tel: Building L10‚ Room L02‚ 04-653 3888‚ ext 5282 E-mail: shankar@usm.my 2. Dr. Yusliza Mohd.Yusoff‚ Ph.D Room/Tel: Building E47-C-3-04‚ Graduate School of Business‚ 3rd Floor‚ 04-653 2909 E-mail: yusliza1977@yahoo.com 1 COURSE SYNOPSIS The course aims to introduce the core body of knowledge in international business. There are new realities in international business where students
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