International Business
International Business
International Business
Kartei Details
| Karten | 172 |
|---|---|
| Lernende | 15 |
| Sprache | Deutsch |
| Kategorie | BWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 18.06.2016 / 22.01.2023 |
| Lizenzierung | Kein Urheberrechtsschutz (CC0) |
| Weblink |
https://card2brain.ch/box/international_business2
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| Einbinden |
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Tell me some reasons why to internationalize.
- Seek opportunities for growth through market diversification
- Earning higher margins and profits
- Gaining new ideas about products, services and business methods
- Better serve key customers that have relocated abroad
- Being closer to supply sources, benefit from global sources advantages
- Gaining access to lower-cost or better-value factors of production
- Develop economies of scale in sourcing, production, marketing and R&D
- Confront international competitors more effectively or to avoid the high competition in the home market
- Invest in potentially rewarding relationships with a foreign partner
Which are the 4 risks in international business
- Country Risks
- Currency (Financial) Risks
- Cross cultural risks
- Commercial risks
Can you specify cross-cultural risks?
- Cultural differences
- Different negotiaton patterns
Can you specify commercial risks?
- Weak partner
- Competitive intensity
- Timing of entry
Can you specify currency (financial) risks?
- Inflationary and transfer pricing
- Foreign taxation
- Losses because of exchange rates
Can you specify country risks?
- Unstable political system
- Bureaucracy
- Unfavourable laws and regulations for foreign firms
- Corruption
- Government intervention
What is the Uppsala Model?
What is the Network Model?
