International Business

International Business Issue 1: Explain the four basic aspects of international business activities. Do you think any organization will reach the fourth level? why? Question 2: For each of the four globalization strategies, please explain the risks associated with that strategy and the prospects that can be obtained from that strategy. __________________________________ Answer to Question 1: The four general levels of international business activities are: Domestic business international business multinational company global business.

Before engaging in international business, please take time to research and understand business practices. In particular where you can visit, we have a wealth of information on international business practices, including general information available on the internet. Learn these customs, print multilingual business cards, learn keywords and phrases, wear discreetly and learn the language of your body to find the right direction of your international business plan. Please do your best.

Invention is a global business. Often in the international business, the invention process involves prototyping, manufacturing, licensing, or sales inventory, regardless. When working with contacts around the world, you need to understand the customs of different countries so that you can make a big impression. Understanding, observing and responding to international business practices is essential for building valuable business relationships while avoiding embarrassment.

In order to discuss how the cultural differences will affect international business, we need to understand what international business is. (Morrison, 2006, p. 5), when the company's business activities span multiple countries, it knows that it will form an international business. When the company enters most of the business other than its own country, it forms a global business (Morrison, 2006, p. 6). Salk and Shenkar (2001, p. 163) states that "the National Federation exists at the intersection of various cultures including the nation, the organization, and the professional culture."