Nobody downloaded yet

International Business Management - Assignment Example

Comments (0) Cite this document
International Business Management Student Course Instructor Date International Business Management Q1. A) Foreign exchange risk refers to risks that enterprise’s financial position or performance will be negatively affected due to fluctuation in exchange rate of the currencies (Rupeika-Apoga, 2005)…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
International Business Management
Read TextPreview

Extract of sample
"International Business Management"

Download file to see previous pages The third measure used in managing foreign exchange risks is by use of foreign bank accounts and loan. Under this method, surplus currency is deposited in a foreign currency account (Mazin, 2007). Moreover, businesses may borrow foreign currency to make purchases. b) In a company that is trading in a country where the currency is weakening compared to its strengthening currency, the ultimate solution is to use the foreign currency option (Mazin, 2007). The foreign currency option ensures that the price of the goods is set at a premium and this helps to protect importer from fluctuations in price and allows the importer to take advantage of strengthening in local currency (Mazin, 2007). Q2. a) When an enterprise intends to achieve foreign expansion, it is critical for it to make three critical decisions. One of the major decisions that the business should make is of which markets it will enter and when to make the entry (Godfrey, Jack and Verzi, 2007). A company should first identify the industry in which it will operate and the products or services it will be offering. The second decision that organization make when looking to achieve international expansion is on the scale of their entry (Godfrey, Jack and Verzi, 2007). ...
b) Decision on the mode of entry into a foreign market has great impact on the success of international entry and the amount of resources required in achieving foreign expansion. There are four mechanisms that are used as modes of entry to a foreign market (Godfrey, Jack and Verzi, 2007). Exporting is the first mode of entry where products manufactured in one country are marketed and sold in another country. Exporting eliminates the need to set up facilities in the foreign country and therefore the costs associated with exporting are those on marketing (Godfrey, Jack and Verzi, 2007). To effectively the export business, a firm must coordinate with importer, government and the transporter. The second mode of entry is licensing where a firm in the foreign country gains rights to use properties of the licensor (Godfrey, Jack and Verzi, 2007). Property takes the form of patents, trademarks and production methods. The firm that gains these rights pays a fee to the licensor for the technical assistance and other property rights given. The licensor firm makes little investment and this ensures that is high return on investment. Firms seeking foreign expansion may also rely on joint ventures. The objective of pursuing a joint venture include enhancing market entry, sharing of profit and losses, sharing of technology, allowing businesses a chance to conform to government requirements and to benefit from shared product development (Godfrey, Jack and Verzi, 2007). The fourth mode of entry in foreign expansion is foreign direct investment (FDI). FDI refers to ownership of resources in the foreign country. Resources transferred to a foreign country include technology, personnel and capital. FDI may be achieved via establishing new firm in a ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“International Business Management Assignment Example | Topics and Well Written Essays - 1000 words”, n.d.)
International Business Management Assignment Example | Topics and Well Written Essays - 1000 words. Retrieved from
(International Business Management Assignment Example | Topics and Well Written Essays - 1000 Words)
International Business Management Assignment Example | Topics and Well Written Essays - 1000 Words.
“International Business Management Assignment Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
International business management
...? INTERNATIONAL BUSINESS MANAGEMENT Question a) What are the key international issues that a firm needs to take into consideration in the preparation of a strategic plan for its international operations, and how do these issues differ from those taken into consideration by a firm that simply focuses on the domestic market? ANSWER: Globalization has helped the economies to improve their trade, investment and how these economies can enhance their international businesses. There are different issues that a firm takes into an account before entering the global market. It is highly important for an organization to carefully analyze all...
12 Pages(3000 words)Assignment
International Business Management
...? International Business Management Genicon: A Surgical Strike Into Emerging Markets inserts his/her s Executive summary Genicon is a small business that manufactures and distributes laparoscopic instruments in international destinations. Although the company has originated from United States, it has been unable to pick up sales in the region owing to its small size that makes it difficult to secure contracts with the GPOs (Kupetz, Tindall, & Haberland, 2010). Unable to compete with larger counterparts, Genicon decided to expand its operations internationally which now account for 80% of its business (Kupetz, Tindall, & Haberland, 2010). However,...
18 Pages(4500 words)Assignment
International Business Management
...?  International Business Management Contents Summary 3 Introduction 3 Literature Review 4 Empirical Evidence and Data Analysis 6 Interpretation and Discussion 8 Conclusion 9 Recommendation 10 References 11 Bibliography 13 Summary The competitive advantage is attained by the organizations in the market as a result of the strategies undertaken that are not yet employed by their competitors in the market. Procter and Gamble has been an ideal example of the business houses that have followed the theory of competitive advantage and enjoyed the benefits of sustainable business growth and profitability through the strategies of innovation, differentiation, operational...
8 Pages(2000 words)Assignment
International Management: Launching a new business overseas - Opening a coffee shop in Israel
...Launch strategy for a coffee shop in Gordon Beach, Tel Aviv, Israel Launching a new product in an established market is always a challenge for the marketers because it is hard to get customers attracted to the new product when they are already loyal to those of competitors’. Gordon Beach, Tel Aviv is a popular beach in Israel and pulls in millions of tourists each year. Setting up a coffee shop at the beach area is a fantastic idea because people want to enjoy watching the dawn and sun set at the beach while drinking tea, coffee, light beverages with snacks. Although the beach has a presence of expensive hotels and restaurants but we can still attract tourists with limited budgets. Launching coffee in the market calls for extensive... strategy for a...
2 Pages(500 words)Assignment
International Business Management
...You are required to analyze your own organization or one that you are familiar with in terms of issues relating to International Business in one or more than one markets. The assignment should use a variety of models and perspectives / theories within your chosen topic as part of your analysis. Table of Contents Introduction 3 The McDonald’s Corporation 3 Application of Theories 4 Current Strategies 6 Issues Pertinent to McDonald’s International Business 9 The External Environment and McDonald’s 12 Social Challenges 12 Legal Challenges 12 Conclusion 13 Bibliography 14 Introduction The McDonalds Corporation is one of the most successful global restaurants in the world. Its...
12 Pages(3000 words)Assignment
On completing your HND, you are hired as a Trainee Manager by Excelsior PLC, an international hotel chain. The job offers business experience, management development and future opportunities breached and the plaintiff must come to harm (foreseeable) as a direct consequence of the breach. 3.3 How a Business Can be Vicariously Liable Vicarious liability is liability of a party for the torts committed by a defendant related to the vicariously liable party (Hedley, 2011). In employer employee domain, it represents employer’s liability for the tortious acts committed by the employee. The employee is also personally liable for the tort. The rationale for vicarious liability lies in the facts that if the employee was not acting to promote the business of the employer, the tort would not have been committed. 4.1 Advise to Head Office on Compensation for Injuries Sustained by Eddie The hotel...
3 Pages(750 words)Assignment
International Business Management
...International business management affiliation Task Task 2 Strategic alliance remains a vital component between two ormore organizations. The mutual agreement sets in to aid in mutual benefits and understanding that transform the organization’s business activities. With the escalating globalization trend, there is an urgent need for partnerships in a bid to break down the available business complexities. A strategic alliance is similar to a joint venture. From a marketing viewpoint, it remains the foundation of marketing where multinational enterprises desires to venture out and expand its business, strategic alliances comes in handy, fulfilling its...
5 Pages(1250 words)Assignment
International Business Management ( Final Project)
...after thousands of infants died because of milk poisoning (Arlidge, 2008). Moreover, the Chinese consumers prefer to purchase from the stores and do not use any online means to purchase products or clothes. Thus, Tesco could not capture the Chinese consumer with the online presence. Above all, the consumers do not like to travel far for shopping; rather, they purchase their necessities from the nearby stores. This has affected the business of retail giants in China. Religious The Malaysian government had announced and signed a memorandum for understanding with national Investment management Limited of China during 2007, for facilitating the country by investing $500 million in the FDI for developing and...
8 Pages(2000 words)Assignment
International business & strategic management assignment
...International Business and Strategic Management Assignment International Business Strategic Management Assignment BBVA is a Spanishretail banking institution, which focuses on the provision of quality services and products in accordance with the demands and expectations of the target markets in various nations across the world. The purpose of this case study report is to identify a potentially attractive target market for BBVA retail banking’s future international expansion strategy. The report incorporates an assessment of the macro-environmental factors (PESTEL analysis) of five critical nations: Denmark, Ecuador, Pakistan,...
6 Pages(1500 words)Assignment
International Business Management
10 Pages(2500 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 Assignment on topic International Business Management for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us