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Presentation on international Business

The presentation cover international Business and their features, advantages and disadvantages in detail

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Presentation on international Business

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Presentation Transcript

  1. Introduction to International Business

  2. Contents Introduction to International Business Nature scope and feature of International Business Importance of International Business Approaches of International Business Problem in International Business Entry strategy Advantages and Disadvantages of International Business Reasons for recent International Business Growth International Organisations

  3. What is International Business Thee exchange of Good & Service, Resource, knowledge, & Skills, among individuals & business in two or more countries Transaction that are carried out across national borders to safety the objective of individuals and organisation All commercial transactions that take place between two or more countries Private & Government Sales Investments Logistics Transportation

  4. Nature Accurate Information & timely The size of the international business Market segmentation International markets have more potential than domestic markets

  5. Scope International Marketing International Finance and Investment Foreign Exchange Global HR

  6. Feature Large scale operation Integration of economies Dominated by developed countries and MNCs Benefits to participating countries Keen competition Special role of science and technology International restrictions

  7. Importance Earn foreign exchange Optimum utilisation of resources Achieve objectives To spread business risks Improve organisation’s efficiency Get benefits from Government Expand and diversify Increase competitive capacity

  8. Approaches of International Business

  9. Problems Political factors High foreign investment and high cost Exchange instability Entry requirements Tariffs, quota etc. Corruption and bureaucracy Technological policy Quality Management

  10. Entry strategy

  11. Entry strategy

  12. Entry strategy

  13. Advantage Faster growth Access to cheaper inputs Increased quality and efficiency New market opportunities Diversification

  14. Disadvantage Increased costs Foreign regulations and standards Delays in payments Complex organisational structure

  15. Reason for recent growth in International Business Expansion of technology 2. Business is becoming more global because • Transportation is quicker • Communication enable control from afar • Transportation and communication costs are more y for international operations 3. Liberalisation of cross-border movements • Lower Governmental barrier to the movement of goods, services, and resources enable Companies to tale better advantage of International opportunity

  16. Reason for recent growth in International Business

  17. Thank You!

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