Test Prep

Chapter 5: globular dimensions of Management Reasons for engaging in internationalist business 1. mesh make water: Global duty deeds stretch bug out profit potential 2.Customers: Global trading operations maintain new trades to sell products 3.Suppliers: Global operations offer access to needed raw materials 4.Capital: Global operations offer access to financial resources 5.Labor: Global operations offer access to broken iner labor costs e.g. Mexico-GM stick out for one week job. blueprints of International Business 1.Global Sourcing materials and service be purchased around the world for local use. 2.Exporting local products afield for trade 3.Importing international products for sale in domestic marketing 4.Licensing engagement paying a fee for the right to make or sell other companys products. 5.Franchising licensee buys complete software product program of support needed to open a particular business 6.

conjugation Venture form joint self-will of business operation with local pardners of foreign countries Checklist for joint ventures assume a henchman with your firms major business discern a coadjutor with a robust local workforce pick a partner with future enlargement possibility Choose a partner with a strong local market for its own products Choose a partner with share interests in meeting customer needs Choose a partner with good profit potential Choose a partner in sound financial standing 7.Wholly owned infantryman Form a local operation that is completely owned and controlled by a foreign film Ethical Issues for transnati onal Operations 1.Corruption prohibited p! ractices to further ones business interest e.g. Bribes ebullient commission to foreign officials 2.Sweatshops employ workers at very low wages ache hours, poor working conditions 3.Child labor fulltime work of children for work of adults 4.Respect for natural environment wherever the business operates- upload high standards in dealing with pollution issues Chapter 6: diminished Business and...If you want to get a full essay, range it on our website: BestEssayCheap.com

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