©2013 Cengage Learning. All Rights Reserved. Business Management, 13e International Environment of...
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©2013 Cengage Learning. All Rights Reserved. Business Management, 13e International Environment of Business 9.1 Importance of International Business 9.2 Forms of International Business 9.3 Theories of International Trade and Investment CHAPTER 9
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Transcript of ©2013 Cengage Learning. All Rights Reserved. Business Management, 13e International Environment of...
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
International Environment of Business9.1 Importance of International Business9.2 Forms of International Business9.3 Theories of International Trade and
Investment
CHAPTER
9
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
2
9.1 Importance of International Business
DLTs● Describe the nature, growth, and importance
of international trade and investment.● Explain the reasons for the growth of
international business.
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
3
The Scope of International Business
● Extent of international trade● Trade, investment, and the economy
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
4
Reasons for Growth in International Business
● Profit● Potential for sales
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
5
Factors that Help Firms Engage in International Business
● World Trade Organization (WTO)● Trading bloc● European Union (EU)● North American Free Trade Agreement
(NAFTA)● International Monetary Fund (IMF)● World Bank
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
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9.2 Forms of International Business
DLTs● Distinguish between the different forms
through which international business is conducted.
● Describe the policies, rules, and laws that governments use to affect international trade and investment.
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
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Forms of International Business
● Exporting● Importing● International licensing● Joint ventures● Wholly owned subsidiary● Strategic alliances● Multinational firm
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
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Government Policies
● Trade barriers● Tariffs● Dumping● Quota● Nontariff barriers● Embargo● Sanctions
● Currency values● Cultural differences
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
9
9.3 Theories of International Trade and Investment
DLTs● Explain two theories of international trade.● Discuss the concepts of balance of payments
and current accounts.● Consider career opportunities in international
business and understand the factors related to being sent abroad on assignment.
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
10
Theories of International Trade
● Comparative advantage theory● Product life cycle theory
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
11
Balance of Payments
● Balance of payments● Current account● Capital account
©2013 Cengage Learning. All Rights Reserved.
Business Management, 13e
CHAPTER 9
12
Career Opportunities in International Business
● Working in the United States● U.S. Firms● Foreign firms
● Working in another country● U.S. Firms● Foreign firms
● Employment of international managers
