1.-Overview-to-International-Business.ppt - International...

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International Business
Environments and Operations, 13/e
Global Edition
Part One
Background For International Business

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Chapter 1
Globalization
and International
Business

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Chapter Objectives
•
To define globalization and international business
and show how they affect each other
•
To understand why companies engage in
international business and why international
business growth has accelerated
•
To discuss globalization’s future and the major
criticisms of globalization
•
To become familiar with different ways in which a
company can accomplish its global objectives
•
To apply social science disciplines to
understanding the differences between
international and domestic business

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Introduction
Globalization is the ongoing process
that deepens and broadens the
relationships and interdependence
among countries. International
Business is a mechanism to bring
about globalization.

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International Business
International business consists of all
commercial transactions—including
sales, investments, and transportation
—that take place between two or more
countries
Increasingly foreign countries are a
source of both production and sales for
domestic companies