Business Globalization

1. Imports
2. Exports
3. Foreign Direct Investment (FDI)
4. Licensing
5. Franchising
6. Joint Venture
7. Manufacturing in Foreign Country :
8. Management Contracts
9. Consultancy Services
10. Strategic Partnerships
11. Mergers
12. Counter Trades

Physically Australia is totally surrounded by water. Australia's contact with the rest of the world depends on Telecommunication's Air transport, and Sea shipping. The same systems as apply to all other continents and country's

IMF describes itself as "an organization of 184 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty". The primary mission of the IMF is to provide financial assistance to countries that experience serious financial difficulties. Member states with balance of payments problems may request loans and/or organizational management of their national economies. In return, the countries are usually required to launch certain reforms, an example of which is the "Washington Consensus". These reforms are generally required because countries with fixed exchange rate policies can engage in fiscal, monetary, and political practices which may lead to the crisis itself. For example, nations with severe budget deficits, rampant inflation, strict price controls, or significantly over-valued or under-valued currencies run the risk of facing balance of payment crises in their future. Thus, the structural adjustment programs are at least ostensibly intended to ensure that the IMF is actually helping to prevent financial crises rather than merely funding financial recklessness.

what are the basic concepts of management and recognizing problems faced in operating a business enterprise?

there are heaps of winners and losers of globalization - the poor people who work in factories mass producing cloths and shoes etc. for such a small amount of money are losers because their dignity is affected and they are working long hours for nearly no money. These workers are also winners because getting some money is better than no money at all and there government is happy because there economy is slowly growing. the CEOs of big companies are winners because they are getting their products made for such a small amount of money and they can then sell it in expensively and gain so much more money. The consumers are losers because we are paying so much money for something that cost so little to make. The CEOs are also losers in an ethical since because they are ripping people off and so are the governments of developing companies, they could demand that the workers get paid more but they don't because then they may say no and take their business to a completely different country and everyone in that country would suffer. this is merely the beginning of the answer but i hope it helps.

• Employees. Employees and their representative groups are interested in information about the stability and profitability of their employers. They are also interested in information which enables them to assess the ability of the enterprise to provide remuneration, retirement benefits and employment opportunities
• Investors. The providers of risk capital and their advisers are concerned with the risk inherent in, and return provided by, their investments. They need information to help them determine whether they should buy, hold or sell. Shareholders are also interested in information which enables them to assess the ability of the enterprise to pay dividends. (Investors are owners of the co. It can be argued that they are external stakeholders, but it's also hard to call your owners outsiders)
• Management and those who appointed them. Financial statements also show the results of the stewardship of management, or the accountability of management for the resources entrusted to it. Those users who wish to assess the stewardship or accountability of management do so in order that they may make economic decisions; these decisions may include, for example, whether to hold or sell their investment in the enterprise or whether to reappoint or replace the management

Due to the fact the strategy involves an organization operating internationally through co-operation and interdependence of its various offices, it has the centralization benefits associated with international strategies, whilst having the local responsiveness characteristics of a domestic strategy type.

In both the early modern and modern periods of Western History, imperialism was caused in general terms by economic needs and wants, cultural values that emphasized superiority (of the imperializing nation) and evangelism, and political ambitions that saw imperial growth as both intrinsically good and important for international rivalries. The sum-total effect of this imperialism upon colonized (or, imperialized) peoples was generally negative, despite some positives involved, given the loss of national sovereignty and the economic disparities that were typical of colonial (or, imperial) arrangements.

Increased automation and the development of manufacturing tools such as robotics, have resulted in greatly increased mass production. Improvements in communications and connectivity as well as development of a strong, supportive infrastructure have resulted in the globalization of markets that would not have been anticipated in most of the last century. Production can now be at an entirely different global location than the company they are producing products for. The niche market for that product can be anywhere in the world as well.

Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.

Businesses in India will benefit greatly from the impact of globalization. They will be able to attract new markets and do business with other companies outside the region which improves profit margins.

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Environmental-protection regulations increase compliance costs and decrease economic competitiveness.

An international business will operate more easily in a fixed exchange rate system. Knowing what the equivalency of goods will allow for predetermined forecasting, however, a fixed rate decreases the opportunity for profits.

Cultural, Economical, Political, and Social.

Population density

the term international was used for the first time by Jeremy bentham in later part of the eighteenth century with regard to the law of nations.the term international relations was used to define the official relations between the sovereign states. there was debate among the scholars of the international relations about it's status.some scholars say that is a part of political science or it has an independent status.

Domestic marketing is the marketing practices within a marketer's home country. Foreign marketing is the domestic operations within a foreign country (i.e., marketing methods used outside the home market). Comparative marketing analytically compares two or more countries' marketing systems to identify similarities and differences. International marketingstudies the "how" and "why" a product succeeds or fails abroad and how marketing efforts affect the outcome. It provides a micro view of the market at the company level. Multinational, global, and world marketing are all the same thing. Multinational marketing treats all countries as the world market without designating a particular country as domestic or foreign. As such, a company engaging in multinational marketing is a corporate citizen of the world, whereas international marketing implies the presence of a home base. However, the subtle difference between international marketing and multinational marketing is probably insignificant in terms of strategic implications. Domestic marketing is the marketing practices within a marketer's home country. Foreign marketing is the domestic operations within a foreign country (i.e., marketing methods used outside the home market). Comparative marketing analytically compares two or more countries' marketing systems to identify similarities and differences. International marketing studies the "how" and "why" a product succeeds or fails abroad and how marketing efforts affect the outcome. It provides a micro view of the market at the company level. Multinational, global, and world marketing are all the same thing. Multinational marketing treats all countries as the world market without designating a particular country as domestic or foreign. As such, a company engaging in multinational marketing is a corporate citizen of the world, whereas international marketing implies the presence of a home base. However, the subtle difference between international marketing and multinational marketing is probably insignificant in terms of strategic implications.

what are the advantages and disadvantages io liberalization