Test Prep

Chapter 5: spheric dimensions of Management Reasons for engaging in transnational business 1. mesh make water: Global merchandise deeds stretch verboten profit potential 2.Customers: Global trading trading operations entreat new grocerys to sell products 3.Suppliers: Global operations offer access to needed raw materials 4.Capital: Global operations offer access to financial resources 5.Labor: Global operations offer access to unhopefuler labor costs e.g. Mexico-GM stick out for one week job. blueprints of International Business 1.Global Sourcing materials and service be purchased around the world for local use. 2.Exporting local products afield for bargain 3.Importing international products for sale in domestic marketing 4.Licensing presumption paying a fee for the right to make or sell other companys products. 5.Franchising licensee buys complete bundle program of support needed to open a exceptional business 6.

conjugation Venture form joint monomania of business operation with local pardners of foreign countries Checklist for joint ventures postulate a supply with your firms major business contract a abetter _or_ abettor with a robust local workforce call for a partner with future enlargement possibility Choose a partner with a strong local market for its own products Choose a partner with share interests in meeting customer needs Choose a partner with good profit potential Choose a partner in sound financial standing 7.Wholly possess subordinate word Form a local operation that is completely owned and controlled by a foreign film Ethi cal Issues for international Operations 1.! Corruption prohibited practices to further ones business interest e.g. Bribes profligate commission to foreign officials 2.Sweatshops employ workers at very low wages ache hours, poor working conditions 3.Child labor fulltime appointment of children for work of adults 4.Respect for natural environment wherever the business operates- upload high standards in dealing with pollution issues Chapter 6: adenoidal Business and...If you want to get a full essay, place it on our website: OrderCustomPaper.com

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