INTERNATIONAL BUSINESS Pham To Mai University of Economics and Law National University of HCMC INTRODUCTION TO INTERNATIONAL BUSINESS 3 Course Introduction Firm Strategy‚ Structure and Operation of International Business (Part 5&6) PTM – Introduction to International Business International Business Environment (Part 2‚ 3&4) 07-Sep-14 4 Course Books & Reference Books Charles W. L. Hill (2011)‚ International Business: Competing in the Global Marketplace
Premium International trade Investment International economics
International Business Strategy Dr. Wu Zan **What is International Business ? - Business : Intergration of different functional areas (HR‚ Accounting‚ Finance‚ Strategy…) - International Business : business activities conducted across cultural and national boundaries. - Real life examples : We are living the age of international business and globalization. Ex : Australia = its government is negociating a free trade agreement with China‚ its biggest international partner in business. In the past
Premium Strategic management
matter in International Business and Management? As global competition is getting tougher‚ more and more companies are being “forced” to engage in international business if they are to survive. Companies depend on a variety of factors‚ such as a high level of administrative competence from their managers in order to achieve success. One factor that is frequently being referred to as a critical success factor is cross-cultural literacy. This means that there is an increasingly need for business people
Premium Culture Globalization Organizational culture
NEGOTIATIONS IN INTERNATIONAL TRADING - Cultural aspects - Summary 1. Introduction in the negotiation process 2. Factors that influence the international negotiations 3. Cultural aspects of International Business Negotiations 3.1. Hofstede’s cultural dimensions 3.2. The influence of culture on negotiations 4. Negotiation patterns in cross- cultural negotiations 5. Analysis of cultural differences in international negotiations – A study case upon the American and Chinese culture
Premium Negotiation Culture Geert Hofstede
A Business Growth and Strategy Project On INFLUENTIAL FACTORS OF INTERNATIONAL BUSINESS AND INTERNATIONAL BUSINESS ENVIRONMENT By: Ankit D Jethani 6937 Business Environment consist of every factors influential to the business operations. These factors are classified into two broad categories. These are: a) External or Uncontrollable
Premium Economics Business Government
What sustainability issues will arise from the large scale adoption of electric cars? With the recent introduction of the electric car into Ireland‚ I am going to outline some of the sustainability issues that will arise from their large scale adoption. The car has already received backing by the government who have recently announced their plans for the induction and eventual change over to electrically powered vehicles. What is an Electric Car? An electric car‚ is a vehicle which like the typical
Premium Electric vehicle Internal combustion engine Electric car
Introduction McDonald’s is a corporation from the United States that has done a great deal of business internationally for many years‚ and is well-known globally. McDonald’s is listed at number 378 on Fortune’s Global 500 list‚ and brought in over $22 billion in revenues in 2010. Sociocultural Forces Sociocultural forces include the different aspects of understanding that exist in one culture in comparison to another. These aspects include aesthetics‚ religion‚ language‚ education‚ etc. It
Premium Law Globalization International law
IBUS/MARK 462 SECOND EXAM – WINTER 2013 STUDY QUESTIONS A. Definitions –four will be chosen for the exam Transaction exposure: The extent to which income from individual transactions is affected by fluctuations in foreign exchange values. Balance-of-trade equilibrium: Reached when the income a nation’s residents earn from exports equals money paid for imports. Spot exchange rate: The exchange rate at which a foreign exchange dealer will convert one currency into another that particular
Premium Foreign exchange market Bretton Woods system Currency
In economics and related disciplines‚ a transaction cost is a cost incurred in making an economic exchange. A number of different kinds of transaction costs exist. Search and information costs are costs such as those incurred in determining that the required good is available on the market‚ who has the lowest price‚ etc. Bargaining costs are the costs required to come to an acceptable agreement with the other party to the transaction‚ drawing up an appropriate contract‚ etc.. Policing and enforcement
Premium Transaction cost Economics Cost
group in the part eight years after M&M Financial and Tech Mahindra‚ the group listed technology arm. Heading : Walmart hopes to open first India store within 18 months By : PRESS TRUST OF INDIA Date : 22nd September 2012 News Paper : Business Standard Walmart expects to open its stores in India within the next 12 to 18 months and is
Premium India Reliance Industries IKEA