An overview of International Business.ppt - An overview of...

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Zachodniopomorska Szkoła Biznesu w SzczecinieAn overview of International BusinessKrzysztof Osiński
Zachodniopomorska Szkoła Biznesu w SzczecinieAn overview of International BusinessThe aim of the module is to present the topic ofinternationalbusinessbyexplainingwhatinternational business is and why it is so important.The module then provides an introductory definitionand explanation of the basic international businessterminology such as importing, exporting, andmultinational corporation. It also describes themeaning and the evolution of the contemporaryinternational trade and the importance of theinternational trade for individual countries.
Zachodniopomorska Szkoła Biznesu w SzczecinieAn overview of International BusinessSpecial attention has also been given to Polisheconomy. The module moves on to the description oftheformsofinternationalbusinessactivityexamining major developments that have resulted inthe growth and maturation of international businessas we know it today.
Zachodniopomorska Szkoła Biznesu w SzczecinieWhat is International Business?International Businessrefers to the trade andinvestmentactivitiesconductedbyfirmsandindividuals across national borders.It includes such activities as buying and selling rawmaterials, inputs or finished products across borders,operating plants in other countries to take advantageof local resources, and borrowing money in onecountry to finance operations in the second one.
What is International Business?
Zachodniopomorska Szkoła Biznesu w Szczecinie
Zachodniopomorska Szkoła Biznesu w SzczecinieTypes of international business activityThree of the most common types of internationalbusiness activity are international trade (exports andimports),foreigndirectinvestment(FDI)andportfolio investment. In recent years, all of themhave been on the rise. Much of this is a result of largemultinational enterprises(MNEs) headquartered intriadcountries.International traderefers to thecross-border exchange of goods (merchandise) andservices (intangibles) typically through exporting andimporting.
Zachodniopomorska Szkoła Biznesu w SzczecinieTypes of international business activityExportingis the sale of products/services tocustomers located abroad.Importingis the procurement of products/servicesfrom foreign suppliers for consumption at home.

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