#1
13th November 2015, 03:43 PM
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MBA IBM Notes
My friend needs notes of International Business Management (IBM) Subject of MBA Program. So tell me from where I can download notes for International Business Management (IBM)?
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#2
13th November 2015, 03:52 PM
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Re: MBA IBM Notes
As you are looking for notes for International Business Management (IBM) subject of MBA Program, so here I am providing following notes: MBA International Business Management (IBM) Notes UNIT – I INTRODUCTION 6 International Business –Definition – Internationalizing business-Advantages –factors causing globalization of business- international business environment – country attractiveness –Political, economic and cultural environment – Protection Vs liberalization of global business environment. UNIT I MEANING OF INTERNATIONAL BUSINESS International business is a term used to collectively describe all commercial transactions that take place between two or more nations. Usually, private companies undertake such transaction for profit; governments undertake them for profit and for political reasons. Transaction of economic resources include capital, skills, people etc. for international production of physical goods and services such as finance, banking, insurance, construction etc DEFINITION OF INTERNATIONAL BUSINESS International business is defined as organization that buys and/or sells goods and services across two or more national boundaries, even if management is located in a single country. OBJECTIVES OF INTERNATIONL BUSINESS 1. Sales expansion, 2. Resource acquisition, 3. Risk minimization FUNCTIONS OF INTERNATIONAL BUSINESS 1. Marketing, 2. Global Manufacturing and Supply chain Management, 3. Accounting, 4. Finance, 5. Human Resources NEEDS OR BENEFITS OF INTERNATIONAL BUSINESS Enhances the domestic competitiveness Takes advantage of international trade technology Increase sales and profits Extend sales potential of the existing products Maintain cost competitiveness in your domestic market Enhance potential for expansion of your business Gains a global market share Reduce dependence on existing markets Stabilize seasonal market fluctuations The existence of resources (e.g. human resources and research and information infrastructures); A business environment that invests in innovation; |