Learning objective
Analyse influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring.
Read the explanation, check the common trap, then practise with flashcards and questions.
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Topic
Globalisation and internationalisation
Subtopic
Managing international business
Study support
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Quick explanation
Analyse influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring
- This point belongs to Globalisation and internationalisation, especially Managing international business.
- You need to be able to analyse influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring.
- The key ideas to know are re-shoring and off-shoring.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Key concepts
Why it matters
This objective helps connect Managing international business to exam-style questions, flashcards, and revision notes for Globalisation and internationalisation.
Quick student answer
What should an business answer explain about influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring?
Direct answer
For Business, this page helps you revise influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring in Globalisation and internationalisation. Focus on the key terms, the exam command, and a clear answer that matches the question. Key terms to check are Managing international business and off-shoring.
Key terms
- Managing international business: Managing international business is a Business concept used to analyse Analyse influences on buying, selling, producing and sourcing abroad, including off-shoring and re-shoring.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
- off-shoring: off-shoring should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
- re-shoring: re-shoring affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Common trap
Managing international business common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to Managing international business.
Related questions
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Revision notestopic notes
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Open revision notesRelated learning objectives
- Explain reasons for greater globalisation and the importance of emerging economies for business.
International market choices
- Evaluate export, licensing, alliances and direct investment as methods of entering international markets.
International market choices
- Evaluate pressures for local responsiveness and cost reduction when managing international business.
Managing international business
