International Business
- Created by: Helen
- Created on: 18-04-13 11:46
View mindmap
- International Business
- Selling, investing and transporting goods between two or more countries
- Any firm undertaking or engaged in commercial activites or transactions which extend beyond a single national market
- Types of International Business
- Exporters - companies that export their products or services into foreign markets
- Licensors - Comapnies that license their technologies, products etc abroad
- Foreign Direct Investors - Companies that invest directly in overseas assets
- MNCS
- A corporation that is registered or has operations in more than one country
- Plays an important role in Globalization
- Two Major Categories
- Trade - More than 50% of trade is made by the world's largest 500 MNCs.
- Foreign Direct Investment - 80% of all FDI is made by the world's largest 500 MNCs
- SMCS
- Small Medium Enterprises consisting of less than 250 people
- MNC's cant do everything themselves. They rely on SMEs to provide goods and services more efficiently with their specialised workforces, innovation and technology
Comments
No comments have yet been made