Globalisation and internationalisation key terms

International market choices

International market choices is a Business concept used to analyse Explain reasons for greater globalisation and the importance of emerging economies for business.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

globalisation

globalisation should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

emerging economies

emerging economies affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

International market choices

International market choices is a Business concept used to analyse Evaluate export, licensing, alliances and direct investment as methods of entering international markets.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

export

export should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

licensing

licensing affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

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.

financial decision-making

financial decision-making is a Business concept used to analyse Evaluate pressures for local responsiveness and cost reduction when managing international business.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

Managing international business

Managing international business should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

cost reduction

cost reduction affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.