International Business

Developer's DescriptionBy IntelitechInternational Business conducts business transactions all over the world.International Business conducts business transactions all over the world. These transactions include the transfer of goods, services, technology, managerial knowledge, and capital to other countries. International business involves exports and imports.International business encompasses a wide range of professions that rely on management, marketing, business, advertising, logistics, information technology and other skills. Individuals interested in this field may find it beneficial to speak a secondary language.International Business is also known, called or referred as a Global Business or an International Marketing.An international business has many options for doing business, it includes,Exporting goods and services.Giving license to produce goods in the host country.Starting a joint venture with a company.Opening a branch for producing & distributing goods in the host country.Providing managerial services to companies in the host country.Topics Covered in This App are Listed BelowWhat is Business?What is International Business?Importance of International BusinessInternationalization of BusinessAdvantages of InternationalizationGlobalizationFactors Causing Globalization of BusinessesAdapting to Changing NeedsCountry AttractivenessBusiness EnvironmentsProtectionismEnd of Protectionism in HistoryLiberalization Vs DeregulationArguments, Counterarguments, and DiscussionsLiberalization, Privatization, and GlobalizationRevolutionary Economic TrendsGeneral Agreements on Tariffs & TradeGATT Major PrinciplesRole of GATT in Promoting International TradeWorld Trade OrganizationReasons behind the Formation of WTORole of WTO in Promoting International TradeRole of Developing CountriesGlobal Trade - Major ChallengesModern TheoriesGlobal CompetitivenessFactors Affecting Global CompetitivenessWhat are Regional Trading Blocs?Regional Trading Blocs AdvantagesDisadvantagesMajor Trade BlocsStrategic CompulsionsAreas of Strategic CompulsionsStandardization Vs DifferentiationStrategic OptionsFactors that Affect Strategic OptionsGlobal Portfolio ManagementFactors Affecting Global Portfolio InvestmentModes of Global Portfolio ManagementDrawbacks of Global Portfolio ManagementModes of EntryOrganizational StructuresCentralization vs. DecentralizationUse of Subsidiary Board of DirectorsOrganizational Structures in DetailControl MechanismsObjectives of ControlTypes of Control MechanismsApproaches to Control MechanismsConstraints of Control ApproachesPerformance Issues Effective Performance Measurement SystemPerformance Evaluation SystemFinancial and Non-Financial Measures of EvaluationTypes of Performance Evaluation SystemsProduction IssuesFactors that Affect ProductionFacility LocationScale of OperationsCost of ProductionMake-or-Buy DecisionsSupply Chain IssuesGlobalization and its Effect on Supply ChainGlobal Marketing MixConsumer ProductsPricePromotionDistributionApplication of 4 PsForeign Investment by International CompaniesInternational Investment OutcomesFactors for Investment DecisionsFunding the International BusinessSources of FundsForeign Exchange RisksHedging Forex Risks Internal External TechniquesHRM Issues - Recruitment and SelectionDevelopment & TrainingPerformance EvaluationManagement of ExpatriatesAdverse EffectsConflict ManagementFactors Causing ConflictsConflict ManagementFive As TechniqueNegotiationsEthical IssuesEmployment Practices and EthicsHuman RightsEnvironmental PollutionCorruptionMoral ObligationsApplying the Golden Rule to International Business