Multinational Corporations – MNC

Multinational Corporations (MNC) – MNC`s are huge business organizations which extend their business operations beyond the country of its origin. They are multi-product and multi-process enterprises who extend their business activities in various countries through a large network of industries and marketing operations. A MNC can be simply defined as a company which owns or controls production facilities in more […]

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International Market Intermediaries – International Business

International Market Intermediaries are middleman or intermediaries who act as channel members in the product distribution channel. They facilitate the sales process buy linking buyers with sellers. International Market Intermediaries are responsible for seeking potential buyers/sellers , negotiating terms of trade and importing/exporting the products to the end user.    Types of International Market Intermediaries   The Various types of International Market […]

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Regional Economic Integration / Regional Trade Blocks

Regional economic Integration refers to cooperation between various countries of a particular region in order to develop that particular area. It includes economic integration of various trading areas of different countries. It is also known as Regional trade block, Regional economic forces and Regional grouping. A regional trade block is a type of inter-governmental agreement, in which barriers to trade […]

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Modes of International Business- Modes of entry in Foreign Market

A careful analysis of various factors have to be done before entering a foreign market in order to choose to most profitable market. These factors are :- A) Country Specific Factors – Laws and Regulation of the Country Infrastructural Conditions Property rights and Legal framework Political Factors Cultural Factors   B) Industry Specific Factors – Entry and Exit Barriers Industrial […]

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International Business – Introduction to International Business

International Business International Business refers to the global business where goods and services are exchanged between countries. It involves transfer of goods, services, information, resources, capital etc. International business comprises of all commercial transactions that take place between two or more countries beyond their political boundaries. These transactions may take place between private companies or governments of different countries. According […]

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Difference between Domestic and International Business

Difference between Domestic and International business Domestic Business International Business Geographic Area It is carried out within the national or geographic borders of the country It is carried out across borders and national territories of a country Restrictions Tariffs and quotas are not present and very few local restrictions are imposed on a domestic business Many restrictions are imposed while […]

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BCG Matrix – Boston consultancy group growth share Matrix

BCG Matrix Boston consultancy group growth share Matrix commonly known as BCG Matrix is a famous portfolio analysis technique developed by Boston consultancy group in the 1970`s. It was developed for managing portfolio of different business units. The BCG Matrix  shows a relationship between products that are generating cash and products that are eating cash. Large companies who want to […]

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Non Banking Financial Company (NBFC) in India – Role and Importance

Non Banking Financial Company (NBFC) A Non Banking Financial Company is a financial institution that does not have a full banking license and facilitates bank related financial services.  It means – (a) A financial institution that is a company (b) A Non-banking institution that is a company whose principal business is the receiving of deposits (c) Such other institution registered […]

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International Monetary Fund (IMF) – Objectives, Membership, Organization structure, Functions, Advantages, Criticism, India and International Monetary Fund

International Monetary Fund (IMF)   The International Monetary Fund (IMF), is an international monetary institution established by 44 nations under the Bretton Woods Agreement of July 1944.  It was established to – (a) promote economic and financial cooperation among its members (b) to facilitate the expansion and balanced growth of world trade (c) to eliminate the widespread devastation and economic […]

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