Global / International Business - Essay Example

Comments (0) Cite this document
Summary
This discussion critically examines the drivers for firms to explore cross-border business. Cross-border business involves buying and selling of products and services between or among businesses in neighboring nations, with the buyer being in one country and the seller in another country…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.7% of users find it useful
Global / International Business
Read TextPreview

Extract of sample "Global / International Business"

Download file to see previous pages As the paper discusses firms may explore cross-border business to search for new buyers for their products and services. The top management of a company may recognize that their goods and services are unique or superior to the foreign market competition and, therefore, seek to take advantage of such opportunity. Firms may also be motivated to seek for new markets when manufacturers have saturated sales in their domestic market or when they believe that overseas investment will increase returns than the extra investments at the home market. This is usually the case of high technology products. Firms would engage in international businesses to supply their new products and acquire a market share of their products while increasing returns.
According to the report findings a country may have access to raw materials it needs but lack the capability to convert the unprocessed materials into refined products. Another nation may have the expertise to produce the needed consumer products. This problem is evidenced in developing nations who have abundant raw materials but lack the professionalism and technology to turn the raw materials into consumable products. Companies in Developing and emerging nations do not have proper infrastructure and, therefore, depend on foreign sources for many of their productions. Many small firms may engage in cross-border business to increase their savings. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Global / International Business Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Global / International Business Essay Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/business/1702090-global-international-business
(Global / International Business Essay Example | Topics and Well Written Essays - 1500 Words)
Global / International Business Essay Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/business/1702090-global-international-business.
“Global / International Business Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/business/1702090-global-international-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Global / International Business

Global & International Business Contexts in India

...? Global & International Business Contexts Inserts His/Her Inserts Grade Inserts (08, January, 2012) Introduction India is the 2nd largest country of the world according to population. Around 1.2 billion people live in India which means that more than 1/6th of the world lives in India. The country is developing economically at a very good pace. Important sectors include software industry, textile, telecommunications etc. The country has a capitalist system in place and a liberalized economy. The consumer market of India is significant and it is expected to grow even further. All this points out to the fact that India is a place companies should look at because of its immense potential. In...
12 Pages(3000 words)Assignment

Global & International Business Contexts

...?Global & International Business Contexts Table of Contents Introduction 3 The Australian Wine Industry 3 Company Overview 4 Contextual Analysis 6 Porter’s National Diamond Model 6 Factor Conditions 7 Demand Conditions of the Market 8 Related Supporting Industries 9 Firm Strategy, Structure and Rivalry 10 Product Life Cycle Theory 11 4Ps of Gancia 14 Price 14 Product 14 Place 14 Promotion 15 Conclusion and Strategic Recommendation 15 Critical Evaluation 16 References 18 Introduction The Australian Wine Industry In comparison to the US, the UK and New Zealand wine markets, which are termed as the largest markets of wine, the Australian Wine Industry has been remarked to be most potential...
9 Pages(2250 words)Essay

INTERNATIONAL BUSINESS AND GLOBAL CHANGE

...? International Business and Global Change Globalization helps nations to make sound macroeconomic policies and help to educate the workforce. In short, nations who ‘globalize’ experience wide range of goods and services, low prices, improved health for citizens, better paying jobs etc. all initiating an improved standard of living with higher per capita incomes. Institutions like World Bank, International Monetary Fund facilitates globalization. World Trade Organization helps to regulate norms and rules of international trade between nations. International Trade helps nations to make...
8 Pages(2000 words)Essay

Global & International Business Contexts (Chilean wine industry)

...? Global & International Business Contexts (Chilean wine industry) Contents Part Porter’s National Diamond Analysis: Application to Chilean wine industry 3 Part 2: Market Entry Strategy 11 Strategy 1: Branding 11 Strategy 2: Technology and innovation 12 References 15 Part 1: Porter’s National Diamond Analysis: Application to Chilean wine industry Porter’s National Diamond model is an extended version of the Porter’s strategic forces that were proposed for analysis of an industry in the country’s economy. The Chilean wine industry have been analysed using the Porter’s National Diamond Model which takes into consideration the industry factors and the available resources that facilitate the...
12 Pages(3000 words)Essay

International Business - Global Marketplace

...& the US. Today, the international operations of Tesco yield more profit as compared to the profits in the Europe market. More than half of Tesco's selling space is in markets outside Europe (Tesco Review 2007). The Tesco Plc website states "shareholders. Today the Group operates in 12 markets outside the UK, in Europe, Asia and North America. Over 160,000 employees work in our international businesses, serving over 28 million customers and generating 13.8 billion sales and over 700 million profit." Tesco denotes its success to an aggressive global strategy of geographic diversification. In its attempt to renew the brand and keep it in sync with changing customer...
8 Pages(2000 words)Case Study

International Management - Global business

...International Production: A review of theories Global business is now driven by in excess of 60,000 multinational enterprises (MNEs) with over 800,000 subsidiaries in foreign countries. International production may be of resource-based, import-substituting, export-platform or globally integrated kind. Companies want to expand their business base aboard for mainly "efficiency seeking" and "strategic asset seeking" reasons. Multinational companies expand their business base in other countries through Foreign Direct Investment, Merger, and Acquisition and so on. After establishing its subsidiary in other countries, multination companies transfer their technical know-how and knowledge to its subsidiaries for achieving their targets... to an...
7 Pages(1750 words)Essay

International Business - Global Marketing

...International Business To go global, the company should take into consideration theories, methods and models to analyze international business perspectives, opportunities and possible threats. Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the international corporation. The initial assessment of international markets conditions involves screening foreign markets to discover the potential of different countries. This process includes consideration of rates of growth of economies, new developments, technical changes that are creating new opportunities to sell and identification of long-term economic and demographic factors... opportunities...
3 Pages(750 words)Essay

Self Control and Social Control Theory

5 Pages(1250 words)Essay

Global & International Business Contexts

...Global and International Business Contexts Global and International Business Contexts PART A: Coffee Industry Globally Coffee is the most widespread drink in the world with a consumption of around half a trillion cups every year (Surana 2009). After petroleum coffee is the most important commodity with the industry employing more than 25 million people from around the world. Talking about the consumption, the chief coffee consumer country in the world is USA with coffee imports of around 1.2 billion kg every year. The major producer of coffee is the same as the major consumer that is USA which produces 70% of world...
9 Pages(2250 words)Essay

Global & International Business Contexts

...Global & International Business Contexts Table of Contents Part A 3 Introduction 3 Tesco, Plc 3 Strategic Management of Tesco 4 SWOT and PESTLE Analysis of Tesco, Plc 5 Market Entry Strategy and Target Customers 10 Marketing Objectives 12 Marketing Strategy 12 PART -B 15 References 17 Bibliography 19 Part A Introduction Global marketing stands to complete one’s commitment to the international market, applies the organization’s assets, experience & products in developing marketing strategies on a world wide basis. Every organization opts for marketing strategies to build their product & services better, which would enhance their competitive skills in the...
9 Pages(2250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Global / International Business for FREE!

Contact Us