How does the management of an international business differ from that of a domestic one? Provide examples with specific firms and countries in mind.
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- What are the recommendation you would tell for those who wants to expand their business internationally?Why don’t companies use the same strategic planning processes for their international business activities as for their domestic operations?What is the first things companies do in international business?
- Discuss with relevant examples how managing an international business differ from managing domestic business?One of the main reasons for organisations to expand internationally is to increase sales and profit. Besides the reasons above, what are other additional benefits that a company will gain from entering the global market.Why do Companies engage in International Business? What are the major cultural factors that affect International Business? Give suitable illustrations in support of your answers.
- Organizations choosing to enter global markets have several strategies available, including exporting, licensing, joint ventures, direct investment, and importing. What are the advantages and disadvantages of each strategy?Choose at least two types of international business then relate it to your prospective business operations or present life's situation. Are these types helppful to your future businesses? Fell free to discuss.Write an essay in which:You define what an international or global company is. Indicate the advantages and disadvantages of developing business on a global level.
- Travelling and working internationally can lead to a life of adventure and unique career experiences. For businesses, selecting the right candidates to take on foreign assignments can propel, delay, or deny the success of the international ventures. As an international manager, identify key competencies you would look for in choosing expatriates. What might be some of their concerns in taking on overseas assignments? What are some best practices in supporting expats during and after their assignments?Advantages of Studying International Business Management?What different types of businesses operate in the international environment? Why are the techniques and strategies available to these firms different? Explain.