International Business Essay

International Business Essay

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International Business

Question No 1:
Describe the four basic levels of international business activity.Do you think any organization will achieve the fourth level?Why or why not.

Question No 2:
For each of the four globalization strategies, describe the risks associated with that strategy and the potential returns from that strategy. __________________________________

Answer for question No 1:

The four general levels of international buisness activity are:
1.     Domestic business
2.     International business
3.     Multinational business
4.     Global business.

Domestic Business: Is the one that acquires all of its resources and sells all of
its products ot services within a single country.(8/143)

Interational business: Is the one that is based primarily in a single country
but acquires some meaningful share of its resources or revenues (ot both)
from othe countries. (8/143)

Multinational business: The one that has a worldwide marketplace from
which it buys raw mateials, borrows money, and manufactures its products
and to which it subsequently sells its prducts.(8/143)

Global business: Is the business that transcends national boundaries and is not
committed to a single home country.(8/143)

In my opinion there is no opportunity for a business to achieve this
level of Iinternationalization.The reason is that all business in all over the world are
controled by the government which are committed.There is no way for a business
...

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