International Business
Post on: 20 Август, 2015 No Comment
How Will Different Cultural Perspectives of a Region Impact Your Global Business Operations?
Expanding business operations to a new region can be an exciting opportunity that presents unique challenges. The success or failure of an international business can depend greatly on management’s understanding Read More
Business Etiquette to Practice When Having German Guests
You are hosting several German business prospects and would like to make a good impression. Preparing in advance for key cultural differences can help facilitate understanding. Especially if you are Read More
Can PayPal Be Used for International Transactions?
You can both make purchases and sell items internationally with PayPal. The cost of transactions varies based on where the sale is initiated and the location from where the payment Read More
Energy Industry Analysis
The energy sector is one of the largest in the United States and impacts nearly every sector of the economy. It consists of oil and gas exploration companies, refineries, power Read More
The History of Philips Electronics
Dutch corporation Philips has been a major player in the electronics market since the 1920s, helping to develop innovative technologies like the Compact Audio Cassette and CD. The company has Read More
The Benefits of Tariffs & Quotas
Most economists agree that free trade is the best way to maximize a countrys growth potential, but elected officials may have other goals in mind. Tariffs and quotas protect specific Read More
Who Owns LG Products?
LG Corp. is a multinational conglomerate founded in 1947 and headquartered in Seoul, Republic of Korea. It is best known by consumers for its electronics division, which began as Goldstar, Read More
Google’s Industry Analysis
Using its dominant role in the industry to fuel expansion, Google has diversified into a number of new sectors, from mapping software to word processing programs, email clients and media Read More
How to Make Crystal Clear Silicone Micro Emulsion
Silicone is a synthetic compound made of polymers and hydrogen, oxygen and carbon. It can be produced in macroemulsions (creamy solutions of silicone and water) and microemulsions (clear solutions of Read More
The History of Cooper Bessemer Engines
Cooper, a long-standing American engine company that introduced many engineering firsts, has gone through numerous name changes and iterations since its foundation in the 1830s. The company used the name Read More
The Difference Between a Welded Vessel & a Riveted Vessel
The relative merits of rivets and welds dominate opinions about ship construction. Rivets are cylindrical metals shafts with a head at one end. These provide a watertight join when pushed Read More
What Is a Bilateral Agency?
In the complex world of international relations, many governmental and non-governmental organizations operate to help facilitate policies, encourage trade, coordinate finances and enable the flow of development assistance. Some of Read More
What Is the Cash and Carry Provision?
After World War I, the United States was eager to remain neutral when it came to foreign conflicts. During a series of laws that were passed in the 1930s to Read More
What Are the Differences Between Global Organizations & Multinational Organizations?
With technology and innovation improving on a daily basis, time and space continue to shrink. Previous barriers to competing in the global marketplace continue to fall at a rapid pace. Read More
What Is Aggregate Liquidity?
Many economic problems relate closely to the ability of businesses to get credit, sell assets and find investors. All of these needs closely link to the availability of credit in Read More
Differences Between International Organizations & Multinational Corporations
Multinational corporations and international organizations are distinct in their purposes and operations. A multinational corporation is an international profit-making organization that seeks to meet a specific demand for a product. Read More
What Is a Financial Reference Letter?
Just like people, businesses and financial institutions prefer developing relationships with individuals or organizations they trust. When determining whom to trust, these institutions place faith in the recommendations of other, Read More
The World’s Top 7 Billionaires
In 2011, 1,210 names hit the worlds list of billionaires, according to estimates by Forbes. The usual suspects are there, with Bill Gates, Warren Buffett and Larry Ellison residing in Read More
The Mechanical Properties of JIS SCM 420H Steel
Steels are ferrous alloys that contain iron, carbon and other trace elements. SCM 420H steel is an alloy containing chromium and molybdenum. Its symbol is SCM and its specifications comply Read More
Advantages & Disadvantages of Polymer Composites
Polymer composites consist of fibers embedded in a resilient plastic matrix. The fiber provides the strength, or reinforcement, for the composite material, and the matrix provides the support. Composite materials Read More
How to Become a Hedge Fund Analyst
Analyst is one of the beginning positions in the world of the aggressive investment funds known as hedge funds. A hedge fund manages investments for large investors, collecting management fees Read More
What Is a Hi-Shear Fastener?
Hi-shear fasteners are made by the Hi-Shear Corporation, a manufacturer of advanced aerospace fasteners and installation equipment used in space, military and commercial vehicles. Made from a variety of alloys Read More
How to Use the Fibonacci Time Zone Indicator
Used by day traders, investors and other stock market players to try to predict events in the stock market, the Fibonacci sequence is based on naturally occurring patterns in nature. Read More
What Is Standardization and Localization?
Standardization and localization are two of the most important processes of global business. Even though there is no connection between the two processes, as one happens independently of the other, Read More
Relative Advantages & Disadvantages of Petroleum Pipelines
Petroleum pipelines are transportation systems for crude oil to refineries and end consumers. A network of high-grade steel gathering pipelines brings crude oil from different wells in an oil field Read More
Industrial Uses of Iodine
Iodine is a slate-gray, crystalline, nonmetallic substance belonging to the halogen group of elements. Halogens — which include chlorine, bromine and fluorine — are highly reactive elements, so iodine always Read More
The Advantages of Cross-Listing Shares
Cross-listing refers to the listing of a company’s ordinary shares on a different exchange other than its original stock exchange. For example, a company might list its equity shares on Read More
What Are the Different Ways That Minerals Can Be Mined?
Mining is the process of mineral extraction from an ore or rock seam. The minerals can range from precious metals and iron to gemstones and quartz. In ancient times, miners Read More
Specifications for Horizontal Directional Boring
Horizontal directional boring is a trenchless method for the installation of underground pipelines and other utility conduits. The borehole itself is a specified path with defined entry and exit points. Read More
Difference Between Developing Countries & Emerging Countries
International business associations and economists classify countries around the world based on their level of economic and industrial development. To those who are not as economically minded, the terms and Read More
The Effects of Silica on Steam Turbines
Steam turbines are machines that convert the heat energy of steam from a water boiler into rotary motion. Their interior consists of a series of blades that capture the steam Read More
What Is Effectively Connected Gross Income?
Effectively connected gross income refers to income made by foreign nationals who conduct business or trade in the United States prior to taxes and any applicable business expenses. Read More
Petroleum Economics Manager Salary
Petroleum economics managers, also known as petroleum economists or senior petroleum economists, apply economic and financial analysis to the oil industry, conducting evaluations to determine the feasibility of various oil Read More
The Average Salary of a Person With a Bachelor’s Degree in International Business
International business allows you to work in a global marketplace. It focuses on the studies of subjects such as economics, business practices and even politics. A bachelor’s degree in international Read More
Types of Jack-Up Drilling Platforms
A jack-up platform — a barge with legs and a lifting system — is used for drilling offshore oil and gas wells. The barge, or hull, is a mobile and Read More
The Importance of Multicultural Management
As the world becomes more and more interconnected, management practices change. One of the effects of increasing globalization is multiculturalism, the presence of many cultural groups in one region. In Read More
USSFOA Customs
USSFOA is the code assigned to the San Francisco International Service Center. The United States Postal Service opened the centers in 1996 to handle international mail service. The centers distribute Read More
What Are Some of the Challenges Posed by Globalization & Organizational Communication?
Organizational communication involves the interaction of individuals in a business, association or organized body of people. Globalization is a term that denotes the possibility of international operation or influence. As Read More
The Differences in International & Transnational Businesses
Today, business is international. Not only do many multinational corporations do business in other countries, but with the rise of social media and e-commerce, many small businesses can now operate Read More
UPS Standard Vs. Expedited
Founded in 1907, United Parcel Service (UPS) started as a small delivery service in the United States. As of 2011, UPS is an international parcel delivery company that operates in Read More
How Is Hydropower Gathered or Created?
Hydropower is energy that derives from the movement of water. This movement is part of the Earths water cycle, which is the continuous circulation of water through the ground, oceans Read More
Why Is Marine Insurance Required by a Letter of Credit?
Importers and exporters routinely ship goods across international borders and thousands of miles of ocean. Buyers need financial guarantees that cargo will be delivered and sellers need assurance that they Read More
Facts About Multinational Corporations
Multinational corporations — MNCs — are also known sometimes as transnational corporations, or TNCs. These enterprises are legal corporations that operate across borders in at least two countries. These corporations Read More
How to Darken Lips
If you have light-colored lips that are either noticeably pale or fully lacking pigment, you can darken them at home without cosmetic surgeries, peels or medications. Knowing how to darken Read More
Advantages & Disadvantages of Globally Linked Strategy
When a company develops a strategy that links its product divisions around the world, it takes a risk. Linking assumes that markets in Asia, for example, will benefit from the Read More
Wallerstein’s Theory of Globalization
Globalization, or the joint, world-wide expansion of the world’s economy, is a popularly debated topic among economists. Proponents of globalization say it brings new opportunities to everyone, while anti-globalization groups Read More
Recruitment & Selection Methods in Multinational Companies
A multinational company operates in two or more countries. It manages production or delivers services internationally. The country that has the headquarters is called the home, while other countries are Read More
Cultural Differences in Accounting
If accounting standards are uniform around the world, that makes it easier for investors, managers and accountants dealing with international businesses. In the 21st century, the U.S. Financial Standards Accounting Read More
Sources of Capital for Multinational Corporations
While international corporations may give the appearance of being immune from economic scarcity, they often need to raise additional money for their business operations just like individuals and small businesses Read More
How to Make Metric Conversion Easy
The metric system is common throughout the scientific and professional community and is the standard in most of Europe, yet the general public in the United States and the U.K. Read More
Mercenary’s Salary
Mercenaries, or paid soldiers, have played a key role in warfare for centuries. However, as global conflicts become increasingly privatized, new opportunities have been created for proxy fighters from Africa, Read More
API Welding Certification
The American Petroleum Institute (API) serves as the country’s foremost trade association for the oil and natural gas industries and includes more than 400 members. Among advocacy and research initiatives, Read More
The Average Salary of a CEO of a Fashion Company
While no data exists on the average salary of fashion CEOs, the New York Times reports that CEOs made an average of $9,600,000 in 2010 and Styleite reports that CEO Read More
Major Drawbacks & Advantages of CAPM
Capital Asset Pricing Model (CAPM) is a theoretical framework that illustrates the association between risks and the expected rate of return of an asset. CAPM is used in the valuation Read More
The Role of the Merchandiser in an Export House
Export house is a business term used primarily in global markets outside the United States to describe a company that develops products for its country’s export market. The job functions Read More
Challenges Facing Financial Accounting
Financial accounting measures have developed in every country that has organized trade over hundreds of years. As trade becomes more global and complex in scope, the financial accounting industry faces Read More
Chemicals Used in Oil Drilling
All oil well drilling requires a specialist drilling fluid, or drilling mud, that circulates into a well bore, down its total depth, upwards and out of the well. Mud has Read More
Cultural Challenges in a Global Business Environment
Culture defines society through shared beliefs, customs and behaviors that direct people in their actions. While travelers must consider cultural customs and etiquette when visiting another country, people conducting business Read More
Paratrooper Training in WW2
Following the German Wehrmacht’s successes in blitzkrieg warfare early in World War II, and especially the ground-breaking German airborne assaults on Fort Eben-Emael in Belgium and on the island of Read More
The Advantages of the EEC
The European Economic Community (EEC) Treaty, signed in Rome in 1957, was established to foster political and economic integration among the member states. The initial members included France, Belgium, Italy, Read More
What Happens When Aggregate Demand Decreases?
Aggregate demand refers to the total demand of all final goods and services produced within the domestic territory of a country at the given time and price level. Aggregate demand Read More
Advantages & Disadvantages of OECS
The Organization of Eastern Caribbean States (OECS) is an international governmental organization formed in 1981 to enhance protection of legal and human rights, support of good governance between countries, and Read More
The Negative Effects of Globalization on Companies
Globalization refers to the economic growth of world trade and investment. Many companies offer their services globally to expand their market, or they use services from overseas to decrease their Read More
How to Verify a Canadian Business License Number for Free
According to a 2011 report on imports and exports by the U.S. Census Bureau, Canada is America’s number one partner in exports and number two in imports. Verifying a Canadian Read More
What Is the Difference Between a Joint Venture & Strategic Alliance in International Business?
To be competitive in a global market, a business looks for an international edge by forming strategic alliances or joint ventures with international partners to pool resources. The terms joint Read More
What Are the Disadvantages of Export-Led Growth?
A nation pursuing export-led growth seeks to expand its economy by producing goods for sale overseas. Successfully executed, this strategy generates a flow of money from abroad that the country Read More
Sushi Chef Certification
Whether you’ve just decided to learn the art of sushi preparation or you’ve already received enough training to recognize the difference between a competent, knife-wielding kitchen professional and an actual Read More
The Similarities & Differences Between IMF & World Bank
Both the International Monetary Fund, or IMF, and the World Bank were formed together at Bretton Woods, New Hampshire, in July 1944. They were created to support the world economy Read More
List of Japanese Multinational Corporations
Before World War Two, Japan was an isolated and insular country that was in many ways closed to the outside world. After the extreme damage inflicted on Japan in 1945 Read More
Facts on Globalization
The term globalization was first used in 1951. It is a fundamental and complex aspect of the world economy and plays an increasingly important role in the economy of the Read More
Properties of Brass Metal
Brass is an alloy, or combination, of copper and zinc. Ancient civilizations in the Near East and the Roman Empire produced it in small amounts more than 2,500 years ago, Read More
Exclusions in GDP Calculation
GDP, or gross domestic product, is a measure of a country’s economic performance. You can calculate the GDP in three ways: summing up consumption, private investments, government purchases and net Read More
The Uses of Hydrocarbon Gas
Hydrocarbons are molecules of carbon hydrogen and oxygen that have different chemical and physical properties depending on the structure of their bonding. These bonds may be single, multiple or hexagonal, Read More
The Disadvantages of Free Trade Zones
A free trade zone, commonly known as an FTZ, is a designated area where goods are traded without any barriers such as quotas and tariffs attached by customs officials. FTZs Read More
The Four Stages of the Shipping Cycle
The shipping cycle is an economic concept that explains how shipping companies and freight charges respond to supply and demand. It examines how and why ships build up in sea Read More
Cross-Cultural Negotiation Styles
Cultural differences play a significant role in negotiation styles. Both spoken and nonverbal communication can impact a delicate negotiation between two or more parties. Taking the time to learn about Read More
List of United Parcel Service Hubs
United Parcel Service, UPS, delivers packages all over the world. With more than 400,000 employees, the UPS team works hard at delivering packages in a timely manner. United Parcel Service Read More
The Internal & External Factors of Globalization
Globalization is a ubiquitous term that has became increasingly significant following the Second World War. As a function of primarily free economies, globalization allows businesses and individuals to interact and Read More
The Advantages & Disadvantages of Computerization on Globalization
In the past century, change has occurred at a more rapid rate than at any other time in history. Invention has driven this change, and the invention that has made Read More
Economic Effects of Multinational Corporations
A multinational corporation is a company with established branches in more than one country. As of 2006, there were 63,000 multinational corporations with over 700,000 branches scattered across the globe, Read More
What Cellular Towers Does Net10 Use?
Every cell phone call you make is supported by a network of millions of mobile phone towers and antennas across the country. Some companies spend billions of dollars building and Read More
What Is an Arm’s Length Transaction?
Major business deals take place on a daily basis. Often, deals may occur between two related companies. In the event that two related businesses are making a transaction, both sides Read More
Factors That Led to Globalization
Globalization is a massive process that includes all the ways that people from around the world are becoming more and more a part of a single community. The way that Read More
Why Is Intercultural Communication Important in the Workplace?
Intercultural communication refers to messages transmitted between members of two or more different societies. The increasingly international business world must cope with cultural differences in order to succeed and prosper. Read More
What Are Exit Barriers?
The term exit barrier refers to an obstacle or other condition potentially stopping a business from leaving a market or industrial sector. These barriers imply a high cost of leaving Read More
Companies That Did a Conglomerate Merger
In the business world, different types of mergers and acquisitions are defined by the similarities or differences in the products and services of the companies involved. A conglomerate merger is Read More
How to Overcome the Political Risk of Expanding a Business
Operating or expanding a business is not always just about the bottom line. While investment costs, profit margins, and rate of return are all key risk factors one must consider, Read More
IFRS Accounting Standards vs. GAAP
International financial reporting standards are the biggest change to the accounting profession in history. Accountants all over the world — over 120 countries — are applying IFRS to financial statements, Read More
The Advantages of Using GDP as a Measure
The term gross domestic product (GDP) refers to the total value of a nation’s goods and services produced within a year — in other words, the total size of a Read More
Threats Caused by Globalization
The idea of globalization is not new. Countries and cultures have engaged in international commerce and cultural exchanges for millennia, but relatively recent advances in communication and and transportation seem Read More
Advantages & Disadvantages of Fixed Exchange Rates
Fixed exchange rate systems were common during the first half of the 20th century. They were strongly favored by governments, since they were mistakenly believed to offer three key advantages. Read More
The Difference Between Macro and Micro
The word macro derives from the Greek macros, which means large, while micro stems from the Greek word micros, which means small. Macro and micro, when prefixed to other words, Read More
How to Find Chinese Business Partners
According to data from the World Bank, the rapid growth that China has experienced in the last two decades, shows no signs of slowing down. While the Chinese government still Read More
How to Create Cultural Awareness in Business
Working for a global business is like working for the United Nations, writes executive coach Gill Corkindale. Diplomacy, tact, understanding and sensitivity are all important aspects of cultural awareness because Read More
Disadvantages of Increased Exports
In general, an increase in exports is a good thing for a country because higher exports relative to imports implies a positive balance of trade. However, some problems can accompany Read More
Differences in Cultural Work Values
With more and more Americans doing business with other countries and employing foreign workers, it is important to understand and anticipate cultural differences between American workplaces and those in, say, Read More
What Is a Global Company?
A global company is a firm doing business in more than one country. This definition is too simple, but captures the main concept of the global firm: it is multinational. Read More
Advantages & Disadvantages of Technology in Our Economy
Technology has been a major factor of economic expansion throughout mankind’s recorded history, since the invention of the wheel. However, it was after the Industrial Revolution that extensive use of Read More
How to Calculate a Global Competitiveness Index
Global competitiveness indexes measure the relative capacity of countries to provide their citizens opportunities to prosper. These indexes also provide a benchmark to measure the bureaucracy, management of resources and Read More
What Is an Aggregate Market?
Economists and analysts need methods to examine large-scale models that take into account not only a particular industry, but an entire market. Specifically, an entire economy of a particular nation. Read More