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By: Kawanabiz AgileSwitch Switch Driver Requirements For IGBT Drivers By: AgileSwitch Driver Training and Driver Recruitment With Fleet Safety ppt2 By: infosafetyalert international business By: aSGuest82031 Best Driver Safety - Driver REASONS:  Increase in volume of global trade  Limitations of exporting and importing  Liberalization  Avoid restrictions Versatile Business School, Egmore, Chennai - 600 008 22. POLITICAL ENVIRONMENT  Political ideology is the body of complex ideas, theories and objectives  Political ideology of the people in the same country vary widely due to the variation in Published in: Education 3 Comments 121 Likes Statistics Notes Full Name Comment goes here. 12 hours ago Delete Reply Spam Block Are you sure you want to Yes No Your message http://commsolv.com/drivers-of/drivers-of-international-business.php

INTERNATIONAL CAPITAL MARKET  Network of people, firms, financial institutions, and governments borrowing and investing internationally Borrowers  Expands money supply  Reduces cost of money Lenders  Spread / reduce GLOBALIZATION OF TECHNOLOGY  Latest technology and distinctive competencies  Technological collaboration  Usage of technology by paying royalty Versatile Business School, Egmore, Chennai - 600 008 24. Which is also a drivers of globalization  Strides in technology:  Technological changes has dramatically diverged global company to globalization  Microprocessors and telecommunications  The internet and world wide Versatile Business School, Egmore, Chennai - 600 008 83.

What Are The Drivers Of International Business

NASDAC  The NASDAQ-100 is a stock market index of 100 of the largest non-financial companies listed on the NASDAQ]  The NASDAQ has over the years put in place a Versatile Business School, Egmore, Chennai - 600 008 124. Conflict in MNC • Macro economic area • Production area • Marketing area • Finance area • Human resource area • Social and ethical area • Environmental issues • Competing Versatile

INTERNATIONAL BUSINESS ENVIRONMENT INTERNAL EXTERNAL Organisational Structure R&DHRMarketingProduction Finance External Micro Environment External Macro Environment Shareholders Creditors Bankers & Financial Institutions Competitors Suppliers Customers Social &Cultural Factors Technological Factors Economic Political EUROCURRENCY MARKET  The Eurocurrency market consists of banks (called Eurobanks) that accept deposits and make loans in foreign currencies  A Eurocurrency is a freely convertible currency deposited in a TRADE LIBERALIZATION  Integration of the economy of a country with the rest of the world economy is called globalization.  Indian government globalised economy by announcing economic liberalization in 1991. Drivers Of International Trade CHARACTERISTICS/FEATURES OF INTERNATIONAL BUSINESS  Regional Integration  Declining Trade Barriers  Declining Investment Barriers  Growth in FDI  Strides in Technology  Growth of MNCs Versatile Business School, Egmore,

Versatile Business School, Egmore, Chennai - 600 008 118. Explain The Drivers Of International Business Versatile Business School, Egmore, Chennai - 600 008 81. byPadmini Agrawal 51469views Chapter 2 International Business byMaria Riaz Studen... 44751views 1. https://www.slideshare.net/versatileBschool/international-business-management-full-notes FOREIGN EXCHANGE MARKET  There is no specific building or location where traders exchange currencies.

MERCOSUR  The treaty signed by Argentina, Brazil, Paraguay and Uruguay on March 26, 1991 created Mercosur.  Mercosur is South America’s largest trade block. Various Drivers Of International Business PRODUCTION/PROCUREMENT OF GOODS  The exporting house after receiving the order should produce the goods as specified in the order. For example, it permits a business in the United States to import goods from the European Union member states  The system for establishing exchange rates has evolved over time.  The sectors were trade, investment, tourism and science and technology  India became a full dialogue partner of ASEAN during fifth ASEAN summit in Bangkok in 1995 Versatile Business School, Egmore,

  • COMPONENTS OF GLOBALISATION Globalization of Markets Globalization of Technology Globalization of Production Globalization of Investment Versatile Business School, Egmore, Chennai - 600 008 18.
  • TECHNICAL COMMITTEE  The technical committees of SAARC includes  Agriculture  Environment  Rural Development  Tourism and transport  Communications  Health and population activity  Science and technology
  • WHY COMPANIES BECOME MNCS  Protection  Tap global  Increase market share  Reduce cost  Overcome tariffs  Technological advantages Versatile Business School, Egmore, Chennai - 600 008 70.
  • EXPORT PROCEDURES Preliminaries Offer and Receipt of confirmed orders Production and clearance of the products for exports Shipment Negotiation of Documents and realization of export proceeds Obtaining various export incentives Versatile
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  • The Group handles projects and export transactions in the agricultural sector for financing.  Small and Medium Enterprise: The group handles credit proposals from SMEs under various lending programmes of the
  • INTRODUCTION TO GATT  There were many barrier for free trade were laid down to support the government expenditure  After II world war several international measures were undertaken to liberalize
  • Premium member Presentation Transcript Industry Globalization : Industry Globalization What is a global industry?
  • Features of MNC’s • MNC,s consider opportunities throughout the globe though they do the business in the countries • MNC,s invest considerable portion of their assets internationally • MNC,s engage in

Explain The Drivers Of International Business

Government of India.  It was transformed into Export Credit and Guarantee Corporation Limited (ECGC) in 1964 and to Export Credit Guarantee Corporation of India in 1983. Versatile Business School, Egmore, Chennai - 600 008 86. What Are The Drivers Of International Business FEATURES OF GLOBALIZATION  Operating and planning to expand business throughout the world  Erasing the difference between domestic and foreign markets  Buying and selling goods and services from any What Is Meant By The Term International Law APEC  APEC stands for Asia Pacific Economic co-operation  It looks for facilitating economic growth, co-operation, trade and investment in Asia Pacific region.  APEC has 21 members referred as

Enter one or more tags separated by comma or enter. have a peek at these guys BUSINESS Ethnocentric Domestic companies view foreign markets as an extension to domestic markets Polycentric Companies establish foreign subsidiaries and empowers its executives Regiocentric Subsidiaries consider regional environment for policy/strategy formulation Geocentric GLOBALIZATION OF PRODUCTION  Globalization of investment refers to investment of capital by a global company in any part of the world. REASONS FOR GLOBALIZATION OF MARKETS  Large scale industrialization enabled mass production  Risk reduction by diversification  Increase profits and achieve goals  Adverse business environment in home country  Drivers Of International Business Ppt

CUSTOMS CLEARANCE  GR-I Form:  Exchange control document  Proceeds of sale to be realized in 180 days from date of shipment.  Not necessary in case of export to FOREIGN EXCHANGE MARKET  The foreign exchange market allows currencies to be exchanged in order to facilitate international trade or financial transactions.  The foreign exchange market assists international trade and PROFORMA INVOICE Proforma Invoice includes the following:  Name of the buyer: Complete details of buyer/importer  Description of goods: Technical, chemical and physical features of goods.  Price: Unit wise check over here GLOBALIZATION OF INVESTMENT  Globalization of investment refers to investment of capital by a global company in any part of the world  Before 1930 many countries created barriers relating to

Eg coca- cola, pepsi, sony and kfc Versatile Business School, Egmore, Chennai - 600 008 38. Five Major Drivers Of Globalization OBJECTIVES OF GATT  To raise standard of living  To ensure full employment and a large and steadily growing volume of real income and effective demand  To develop the Versatile Business School, Egmore, Chennai - 600 008 136.

EURO CREDIT MARKET  Loans of one year or longer are extended by Eurobanks to MNCs or government agencies in the Eurocredit market.

Classification of MNC • Global corporation: global corporation produces in home country or in a single country and focuses on marketing these products globally • International corporation: international corporation conduct the EVOLUTION OF INTERNATIONAL BUSINESS  First phase of globalization in 1870  Ended with World war I driven by Industrial Revolution  ‘A vast game of beggar-my-neighbour’  Felt need for OBJECTIVES OF SAARC  To improve the quality of life and welfare of people  To develop region economically, socially, culturally  To provide opportunity for the people to live in 4 Drivers Of Globalisation PROGRAMMING COMMITTEE  This includes the senior officials of the member countries.

Versatile Business School, Egmore, Chennai - 600 008 121. The stocks may also be more easily digested.  Note that market competition should increase the efficiency of new issues. Versatile Business School, Egmore, Chennai - 600 008 113. this content FUNCTIONS OF ECGC  Offers insurance protection to exporters against payment risks  Provides guidance in export-related activities  Makes available information on different countries with its own credit ratings 

In order to view it, please contact the author of the presentation. Packing and Marketing:  The exporter should arrange for packing and marking of goods as per International standards.  Bureau of Indian Standards  British Standard Packing Code  Exporters Encyclopedia Versatile Business School, Egmore, Chennai - 600 008 126. How does a global industry compare with a multi-domestic one?

STANDING COMMITTEE  Monitoring and co-ordinating the programmes  Determining inter-sectoral priorities  Mobilizing co-operation within and outside the region  Standing committee is assisted by Programming committee Versatile Business School, Careers Webinars Why authorSTREAM Feature Tour How it Works PowerPoint to Video & iPod PowerPoint on Blogs PowerPoint to Flash Share Presentations Online Present Live Presentations on iPad Presentation Analytics Branded Its achievement was Tariff concessions worth $40 billion of world trade  Tokyo Round - 1973-1979 Reduced tariffs and established new regulations aimed at controlling the proliferation of non-tariff barriers and MODE OF GLOBALIZATION  Acquisition of foreign companies  Joint ventures  Long term loans  Issuing equity shares, debentures and bonds  Global deposits receipts Versatile Business School, Egmore, Chennai

EUROBOND MARKET In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. CUSTOMS CLEARANCE  Export License: The exporter has to obtain the export license from the authorities concerned if the items to be exported requires lic Please, wait while we are validating