INTRODUCTION OF INTERNATIONAL BUSINESS International business deals with business activities which is both production and services that cross the national boundaries. This activity includes movement of goods‚ services capital or personnel‚ transfer of technology‚ etc. Functionally‚ by business we mean those human activities‚ which involve production or purchase of goods and services with the object of selling them at a profit. Today’s world is an era of Global Village or specialization. A particular
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NOTES- INTERNATIONAL FINANCE TOPIC 1: INTRODUCTION TO INTERNATIONAL FINANCE Learning objectives After reading this topic you should be able to: • • • • • • Understand the background of international finance Define international finance Explain the reason for studying international finance Explain the roles of international financial manager Understand the background of multinational corporations Distinguish between international finance and domestic finance 1.1 BACKGROUND TO INTERNATIONAL FINANCE
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ii) Top-Down Approach iii) Bottom-Up Approach HYGEIA INTERNATIONAL Expansion in Nigeria is the issue. Henry Livingstone‚ Vice President of the Africa/Middle East Region of Hygeia International‚ has just received a proposal from his Nigerian Managing Director for a major move into poultry production. This would extend Hygeia’s profitable agricultural activities even more in that West African country. Corporate Base Hygeia International is one of the ten leading pharmaceutical companies of the
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The Nazi’s gained power due to the fact that no one had the strength to oppose them. Hitler positioned himself to be influential in government‚ which meant that he could help in the passing of laws. He established a dictatorship through a mixture of illegal and legal means. On 27th February 1933 there was an attack on the Reichstag building in Berlin that became known as the Reichstag fire. Some people have theorised that it was actually the Nazi’s that started the fire for their own gain. The
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Content I. Vertical Integration II. Horizontal integration III. Economies of scale IV. Economies of scope V. Economic efficiency VI. Proprietary(property or ownership) Know-how VII. Monopoly VIII. Oligopoly IX. perfect competition (pure competition) business definition X. workable competition business definition XI. Cost leadership XII. Differentiation (economics) XIII. Barriers to exit XIV. Inventory flow XV. Incoterms XVI. Multinational Corporation
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CEMEX – International Business Strategy Question 1: In May 2000‚ CEMEX was preparing to expand through acquisitions in Asia‚ Africa and the Middle East. What kind of global giant do you think Lorenzo Zambrano wanted the firm to become? Using module theory and evidence from the CEMEX case study‚ critically evaluate his chances of success. This essay will critically evaluate Lorenzo Zambrano’s chances to succeed while Cemex planned to expand through acquisitions. It will aslo illustrate what
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COMPILED International Business BY: VISHAL KADAM Q) What is International Business? What are its importance? Q) Distinguish between International & Domestic Trade? Distinction between internal and international trade Distinction between internal and international trade in general involves transaction for mutual benefit For this reason both the trading parties will have equal interest. Trade is a case of geographic specific area. An area specialises in an activity and trade takes place
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Do you agree with the modernisation theorists’ assumption that development involves a process of modernisation? Modernisation theory is an understanding and explanation of the process of transformation from the traditional or so called “underdeveloped” societies to modern societies. From reading the theorists work surrounding the topic of modernisation it is believed that modernisation is the process change towards those types of social‚ economic and political systems that have been developed in
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No one can deny the fact that the Internet is the most important invention ever. More and more people are gaining the ability to access the Internet by a home computer and a modem. It also plays a strong role in business‚ education‚ and entertainment. Some even said that the Internet is making the world smaller as it brings people together. But have you ever wondered whether the Internet can be the most wonderful thing of our life or not? The main advantage of the Internet is that communication
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International Comparative Economics Lecturers: dr Łukasz Olipra‚ dr Iwo Augustyński The deadline for submission of projects – 13 May 2013 A grade for active participation during classes will be issued at the end of the semester on the basis of presentation of economic system of choosen country and points (pluses) allocated to each student at the end of each lesson and participation in the lectures. Students are required to read materials provided for lessons during semester. Students
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