International Business Management

International Business Management?
 What is international Business?
Any transaction beyond national boundaries No International Trade and International Business are different by nature yes Exports represents International Business .No International Business Organizations are called Multi National Companies (MNCs) ..No

INTERNATIONAL BUSINESS MANAGEMENT

Why International Business?

Why International Business?

Why International Business?

Why International Business?

Why International Business?

Why International Business?

Why Go International?
 To achieve Higher rate of Profits  Expanding the Production Capacities beyond    

the Demand of Domestic Country Severe Competition in the Home Country Limited Home Market Political Stability vs Political Instability Availability of Technology and Managerial Competence

Why Go International?
 High Cost of Transportation  Nearness to Raw Materials  Availability of Quality Human Resources at

Less Cost  Liberalization and Globalization  To Increase Market Share  To Avoid Tariffs and Import Quotas

International Business Management?
Any commercial transaction taking place across the boundary lines of a sovereign entity by Dr. R. Chandran

EPRG- Framework
 Ethnocentric Approach  Polycentric Approach  Regiocentric Approach  Geocentric Approach

Stages of Internationalization
 Stage One: Domestic Company  Stage Two: Domestic Company doing Export  Stage Three: International Company  Stage Four : Multinational Company  Stage Five : Global Company  Stage Six : Transnational Company

Hindustan Computers Ltd.HCL
Identify stages of HCL ie How they became global? Why did HCL go for International Business ? Which were the environmental forces to motivate HCL for International Business? What are the advantages enjoyed by HCL after their move for becoming global ?



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