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Group Work - Analyzing the International Business Environment

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Group Work
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  Group Two Members 1. Cherubinus Oketch Aoro –  HD333 –  C004 –  0486/2014 2.  Wilmort Adera –  HD333 –  C004 –  1111/2014 3.  John Thuri –  HD333 –  C004 –  1126/2014 4. Linda Alal –  HD333 –  C004 –  1861/2013 5. Paul Mutisya –  HD333 –  C004 –  0479/2014 6. David Kimotho –  HD333 –  C004 –  0480/2014 7. Robert Asumani –  HD333 –  C004 –  0524/2014  Analyzing the International Business Environment and Identifying Key Factors for International Business Operations  What is International Business     All commercial transactions between two or more Countries  Private  Public  International business adds significant influences to typical domestic operations  Physical  Societal  Competitive  Why Engage in International Business    Expand sales   Volkswagen (Germany)  Ericsson (Sweden)  IBM (United States)   Acquire resources  Better components, services, products  Foreign capital  Technologies  information  Minimize risk  Take advantage of the business cycle for products/services  Diversify among international markets  Reasons for Growth in International Business    Rapid increase in and expansion of technology  Transportation is quicker while costs are lower  Communication enables control from afar  Liberal government policies on trade and resources  Development of institutions that support international trade  Consumer pressures  Increased global competition

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Jul 23, 2017
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