international business introduction meaning, stages of international business,factors influencing international business, deference between domestic and international business benifts

1. PREPARED BY :-SANAGAMESH UPPAR
LECTURER IN COMMERCE
9740522622

2.  The concept of international business a
broader concept relating to the integration of
economies and societies dates back to the 19th
century
 The first phase of globalisation began around
1870
 Establishment of IMF,IBRD WTO
 International trade-international marketing-
international business

3.  International
business refers to the
trade of goods, services,
technology, capital
and/or knowledge
across national borders
and at a global or
transnational scale. It
involves cross-border
transactions of goods
and services between
two or more countries.

4.  Stage-1 Domestic
company
 Stage-2 international
company
 Stage-3 Multinational
company
 Stage-4 Global
company
 Stage-5 Transnational
company

5.  Globalization
 Impact of Inflation
 Impact of National Income
 Impact of Government Policies
 Subsidies for Exporters
 Environment factors
 Political factors

7.  Ethnocentric approach
 Polycentric approach
 Regiocentric approach
 Geocentric approach

8.  High living standards
 Increased soci-economic welfare
 Wider market
 Reduced effects of business cycle
 Reduced risk
 Large scale economic
 Potential untapped markets
 Division of labour and specialization
 Economic growth of the world
 Optimum utilization of world resource

9.  Political factors
 Huge foreign indebtedness
 Exchange instability
 Entry requirements
 Tariffs , quotas, trade barriers
 Corruptions
 Bureaucratic practices of government
 Technological pirating
 Quality maintenance

10. Thank you