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BUSA 3000 CH 3 short

International business the new realities 3 10

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International Business: The New Realities 3-10
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Facilitators Assist the focal firm with specialized services required in international transactions. Examples include logistics service providers (e.g., DHL, FedEx), banks, international trade lawyers, freight forwarders, customs brokers, consultants, advertising agencies, market researchers, insurance companies, tax accountants International Business: The New Realities 3-11
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Governments Governments exist at the local, provincial, national, and supranational levels to make and enforce laws and regulations and provide essential economic security by devising fiscal and monetary policies. Central banks in each country issue currency and regulate national money supplies. Sovereign wealth funds are state-owned investment funds that undertake systematic, global investment activities to generate income or to achieve policy objectives. International Business: The New Realities 3-12
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Study Terms to Know Agent Born global firm Customs broker Focal firm Turnkey contractors 4 Types of participants in international business 5 Strategies of focal firms for international entry 3 Facilitators in international business International Business: The New Realities 13
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International Business The New Realities 3 10 Facilitators...

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