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dsub pntetnotiongl Business

Aai No4 Enuitonmcni C3d
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1Hnsueb ini2 to 3Sentence S

Deine indethatlon.ulbusiness
AnsTheltkade oqoodssetuices technalog
Capital knoauledqe uchoss nation.alborde ks
t thansactiona Scale

whdt S lhcensing
Ans Licensing1s abusiness atbahgement in
d
Cuhichone companyg1ves notheFCompany
petmiSSIOnto manufaCtutes ts prodlct
fospecified payment is called licensing
when Sthateglc alliance cLccuts
AnsA Sthuteqic all nee1S an aange me nt
betuucen tauo companies thqt have dec)ded
t o shahe fesourcesto undertake Spec
c mutually beneficiciLphoject

what 1s ethnacenttic appracch2

AnsThe EthnocentEl approdch1SOne of the
methods af ntethationd eqilement. cuhere
i n the HR techuitS theElghtpetson
fot thel ight gob fothe inteth.ational
 business, On h e basis f the skills
tequired ¢ the ulinghess of the candidate
Ho miz uth the okgdni2atlon's Cultute

5. Define meqet.
Ans metgeF means the act of joining taioo
mote eompanies ogetheF

6.DepIne globalsation.
Ans lobalization is the incteasein Hhe floa

Ofg0odsSeEvices, Caplta, people ideas

Cuchoss ntethationa bourdties aCcotd tng
to 4he online couse_Globa business

7 What 15 economic globaliz.ution

Economic glabalization efets to the
Ans
nchc.aSingintekdependen.ce of. Cuotid
the Scale
e conomical esul t of
Commodities
of ChoSs botdet thade of
SeFVices.

8 w h a t s Bhezit2
Evety industtyIS affected by bte1t
Ans
potenticaleconomIC impactsf
due to
ISSueS
manpoulet

9 Define MNC
also Calledd
MutinationalCotpor ation MNC
AnS Cotpokdtion
copatatlon, an
f a n s a c t lonal
atcd in mote
tegisteted Opet
that is
CounthY t tme
han onc
 io What ate THunkey Ptoject
AnsA unkey ptoject IS a ay fo d
telcn Companyto ezport )tS process
echnology to otheh Countties by bujlding|
plant n thaB couniy
2 AnScue nShot t

w h d t do you mean by fhanchising 2 ive its

advantages
Ans A fFanchise is a busness that gives the
g h t to anothet petSon o t bUsiness0 sell
qcod oF setvices usih.q 1t's n.ame
T+does +his by ptoVidinq the pehscn
OF othet business uith ahence.
an CaHeknatve
Buyirn into a fhanchiseIS
t0 Setting Un ane aubusincss

BAdvcantaqes to Franchis ces'

to
a A fhanchise
can use ftanchising
establ1shed
Statt ca business on phe-
the ftanc.hisat, As q
btand nume6f
Can predict his
Fesut the ftenchse
teduce hsk of fatluhe.
SuCcess
etrpete-
Futthete mote , the hanchiSe
b 10 spend orn
oney
n0t need
also does
because theftanch Iso
tEaining tassH
ances
providde
Sometime s
Somet\me s
cidvantq9e 1s that
cunothet lusiveEights
efhanehisec may get exc
.d uthinan
he-ftanch1got'c
prnduc Chea
Ho Se
 Cunl) ge fo know business
FranchiSee.
d)
Htade Schets Of bhd nd
4echniques f

Ezpain
mahagement Conttacting
AnS ) A manqement
Contt ct S an atrangemce
ndetauhich Opetdtl6nal conttol o an

entetpriSe1S Vesed by Cohttact i n C

Sepdtate entetptise thdtpetfahms he
necessay mqnggetidl functionS in teturn

fo afhee
nManagementConttac Invove not s
SellingameHhod of doing fhem
iil) Amunaqement Conttact can nvalve

auideFange Offunctlons such ,

us

technical opetdtloD of a phoduction

facilty maruqemeni afpetSonncl,
uccounting matke}ing Setvice s f ra)hing

3Eeplaln h e features f ecornomicat

qlobalZ.dtion.
Ans Crlobali1ation nvolves a conscious E
CctIVe process of epanding business
ttad e actoss the bordcts of all the
Sdtes.
T 4 Stunds fot Cependin9 CiCFoss
botdet fac1litics linkaqes Feading Ho
an egtation of economic Inietests
lives ofhe. people living
pattsof the alotld
i The chutacietistieelenents thuB constlta
e economi qlobalhzation dte.CFoss -
borde flo usof goods Setvices CapItul ,
 Pecpledata deds
4 Explain the advantaqes f di5 udyant0ges
o f icensing
AnS) A icensing1 businessCtdqement
uhich One
company Cinathet
Gves
Company perhisslon to manufactute 115
phoduc fotSpecied pay ment1S talled
i censn 9

Advantuges to icensing.
Co llno4 heed to incut the CostSs
ptadu Cing Premoting packaging o
seing YouE phoduct
b Thelicen see elteds has knouledge
Cnd knoa ho u s t pretains to bfeaking
in o a n alted established mutke+,so
thereis noisk to ou
cDepending on the etm ofyout aghee
mentyouEtoyalt Pements Cun last
CVer ongfime

1 DIsad vantaqes
d
to Licensing
e) You wll likey lose Conttoovetou
phoduc+ ncludinq p romOtian, packaq1ng
Sellng
b You cuni Only FeceiueC pottion e the
Pofltsftom the Soles af yout product
autlincd n You CGteement
c) yout ptoductdoes ho Selliacll
OUcl noi Eeave FayalHyPaymen at itit-
 tcake c cuhile Until you ecetved a
payment de pendinq on
yoa t agteement.
swha do
youmean by
C2plu ItS advantages acquiSition
Ansa) The Cact
Q cqui SItion facquiting Sohethig
Something
Ofptopetty
t knou led qe
the
acquisition
b)somethingOF Someone Cicquled et
anedhe 4eam Cnnounce uo
aCauisitlon
c Advantoges6f cquiSitlon
Taknq ovet
uay oheE_CampaniesIS
ogto1beSide S ohe
gtowih. 5tkategy thtough an hdetnal

AcqultetsCu ncheases fhelt Compunjes

Size4yalu e by Ccheving economies
Scale, Synergiing Cóe of
Fedu1nq. coSts f
compeienSICS,
d Secuting Supply chdin.
3.Ansuet in Bier

Whot15 netnaongl Bus1ness Discuss

he haiute 4 Scop
ofIniehnational h usincss
Ans.AY Tnie rhational buss incss Fefets +0 the
tkadeof 9ood s, SeVIces,1echnology,
O F knouledge actGSS cop1
natlonal b otdets
t a t a qlobal oF
ttansactlondl Scale
B)T4 nVolves Ctoss -

botde ttansucdionS
p qcodi SChvicesbelueen fuo ot n0f C
Counth)es
 C)Ihtehnatianal Business Natutes
Accurate Tnotmution
InfotmdtOn not only Occutute but
Should
be imely.
12 The size
othe intethational business
should be latge
Matket Seqmentation bcLsed on geogtaph) C
Se qmentutioon

VIeEnational mutkejs bave mohe potentilu

than domesticmatkets

D)Scope of Intehhutjonqlu Business

Intetnational Matkctung.
u IntcHhutianul finance f Investment
i Tlobgl HRR
iv) Foresgn Erchange
Ezpla1n the inietnationql alisatlon ptocess
Ans A)
Intchn.ailanuli2aton_ deschibes the
ptocess af desiqhingphoduct
d
fo mect, the
heeds of users Inmany cOUntEies
O desigi ng hem So hey can he easily
modifled to Cachicve 1his goal.
B) Intetnationgli 2ion miqhi be mean
de Sighing uebsiteS So Hhdt uhen 14s
t hanslated fhom English to spunish , 1he
asesthetic JojaL skill uohks p
e)This may
ropetly.-
be difficult to acheive
becauSe many Guotds in spaniskhave
mote choracters han heir English
Couh-Hc pettS.
 They may thus dke up
They mote
Spuce on
the page n SpanishthaniA Englis
E)In he Cohiext6Ccohomlc inerhation.
alizuiion Cahefet t.o Company thqt

take 5tep.s. toinccteus e 11s f6ot ptint

ot Capt4te qtcaiek mdtket_shate
utside oj it' Count-domilice by
branckin 464intoiniern.ational
mutke.
F)The qlobal cotpo4te tend fowards
nternqtiohalizution has helpcd push
uotlaeconopy ntu Stute of 9lobul
12.CLtLOn n chicheconomies thEguqhout
the uot ld become hi9hly inietconnected
dseto choSS bordet Commece f
FinanCE
A s Such they ate
Gteatlsy tmputied
by CacN othC E hdH1on g lCctUItiCs
econamic We being,

3 what ate atlous modes of enthy Into

intetnational busines1 Explain npc
tancebinietnational business
Ans.A Tnier ndtiona'l Business A ConsIStS of

tans.aciansbetaeen patties ftom mo te

thanoneCountty . The paties
nvolVed in Suck +hunS cuctiah Smay
Include private individugl, individual
Comndniec qoverhhmen Cgencies
 8 aeFhation cl Bus+Aess etute
Aeettate fermatlon
B tollouinq ate mode of enthY 1nO
nternation ca1 busnCSS

Expor ingEzpor
d
tinq is 1he casiest mod e
enth ntoInteEnqtionul expun Sion
of enth
using4his model of enthy expotting is
he Scale of product f setvjces n foteiq
CountEies ha ue Soubced Fomhorme
ount
There qre wo type of Ezpot-+s)
DIkect
Fepot
i2TndieH CEport
LicensingIn this mode of enth
the manufactuhe of the home Cdunt
leasedthestight afintelie ctual ptopet-
ies Lc. fecknology,Copy ighd, b hand
hgme Ctc, t a m u n u f a c tu t e of a joheigh

County The license is ghandedfo

predetetmined fee the. ranufuctute
ht e a s e i s known S Licehot f the
manufact ure of Counttythat e t the
icense IS known S icensec.

I ) Eran chisinq In this mode gn Indep en-

deni fttm called. thc fhanchisec does 1he
business ystng the n u m e af Cunathet

Compuny tall hc fkanchisOr

v Munaqe ment Condtacts i 1 15Conthacts
undet uhic_ afirm baslccilly enis its
ezperties ot knaw how to a govetnm.en
Company in hc fotm fpetsoh al
uho cnthe the foke igh envit o h m e n f
Funi the Cohcerh his mejhod of
nvolvemeni in fotiqh mat ket 1S ofien
used Th q facilty afteE Ceptariatnen
a cancetDby anational qoNerhMent.
b Cuhen an operution S n trohule
V Tutbkey PtojectsI is aspetial
modeOf Cathyin
Out intcrnationdl busLncss 1 s ConttaCt
unde uhlch a fitm aqtcs5 t o f l l y catty
oui inietnatibnal busines
V) Conttact Munufactuting Cohttact
manufa ctutnq s a n othet pethdd DEm
use Ho entet4he foheign aeu ot tnte
nutlon c'l business Scenatio, InJhis
atrangement_the
d
Conttact t h alocgl
fir m ptovid emanufdctitingSeuce.
yii Foterqh Directinvestment Fareigh
Diret invect mentInvolues a CoppciMy
Chtelh9 Cun vetseasmatket by Dakin9
9 SubsiahtingInvestment inthe conthy.
Som 6f modes Cnibyinto Inietnationq.
busincsSusin4 foteginditect investmcht.

viil Toinl Veniutes A Joint ventutsis

one ofthe ptefertedmodes f e d y
in indethutioha) busIhess f o t business
 o businessuho do hot mind Shutinq
thettbtand, knbwle dge Expehtise. Botk
busines s Chtiacs $hate the (nvestmcnt
CastS phofliS tloSses q prede teh mincd
ptopoton

CtolloaIng ate Ippot tance bfIntethationul

busness
plot only dacs (nteEncatlonal bustnCSS
bng Caohomi qtouth ¢ imptovement t
Companles
li u t it can also have theSume effect
On the Counthie hemselves
Tnietnationclbuginess Can bhnG
cDunttics clase tageher help busincSs
floutis makinq t an jnotediely tp
Sttaiegyfhom Companiess lctoss the uc Fld

What1SMNC ? Explain t h e feqtufes

meits of MNC
An S A)MC Maltinuliondl Cotpotation (MNC) also
cclledthunsucilonu1 Copotatlan any Cotp-
atioh hat is tegis thed f opetute in
mohe than orne Couhthy Ct time Cyene
Fally the cotporatjon huht sheudquattc
Inone counity +opchatesuhally oF
partially uned Subsidio Fies nothet
Counthy
B MNe ate chataCtet1zed by unity of
Contol MNC'S Conthol busness activit l

otheit bEanches in fabcigh countty

managerment f bhanchesopehqt ci cuthin
policyfFatcuohe

HugeAsset SCand tut nove Because

ofapetatians on a glab.al basis, MNC
have huqe physical 4 financiul cssets
d
This qlSo tes ult_n huge tUtRoVeh
Sales MNC

t)Intethational apetqtions thtough C

hetahk_of bhanches MNc'S have
phoducitog matketing thtough of
Guotk afbeanches, Subiidiries in
host County-

Iv) Miqbt Ecohomie Paaie EMNC's ate

poetful econamie entlties fhey keep
on
adding ta theik economic poweE
ttoyqh conStunt meet ucauision
66F Compunies in host Couniy

c MeITS f MNc's
)Employment Gehetation
Automutic inflo 6f foteq1n cupltal
i ) Ptoper use of Ide esaurces.
iv)Imptov ement nbalance dfpayeni
POsl fOn

Tech nical Development.

vi) End ap focdl
Monop ali es
 5.wha s B rezit ? Explalnthe issues
Feleied to Brecit.
AnsA) An act to m ake ptoviSIonglin Connectior
cuth 4h.e iniehhal market fot qoods f
Setvices In the united kingdom to make
phoison In connectioh aith proVIS 1on_
Ahezit i s the cuithd taual of the united
kingdom (Uk)_fhom Eutpoen Union [Eu)
follaln 9 c Tune 2olL efeEend In uhieh -

597 Voted 1ecave the Uk govehnment

fatally annou necd 4he auithdewal_in

Match 2017 Uk withdfauinq ho ldte
than 31 Jun 2020

B)Tssues In Brecit
)saveeighty muny peaple in BELtúin beltye
that EU is makinqintadds intoBhitis
Savereighty. mCiny is the Fulng cohsSetvative
p.arty 4 uK. Ihdendenee paty belive tha+
EU has Chahged Sin.cc imc It uas
fot Ped t 1 uus inpacting dayy life
2 Money Ma1et one facto i s o f Coutse
is spent on adninisttutlon f E U in each
m ember Countty + a tchive outsided the.
EUghants for a cducdtion al cultuhe
on phe se tVLn9 4 mcuninqnafutal tesource
hetping pootet coundty f gtants tob
Feseutck in Seiencc t tech holeqy t
hetp n Smal bucness
3)
Immighation : As EU' menbetchip epaned
mote EU èspecially ftom paore E EU
hution 5tuEing miqtating
the fheedbm of
Uk ustng
using
mouementClause
4Secu tity The Reman Side qatgues
that in the end af inier hational
tetasin f Ctyninality CobpeFuting
the EU ul make u.kaftet
S)Emplyrent Ihe Bemaln Sside aghuges
than cas thtec million obs e EU
there could be u johs chisis f the U.k
leaves he US

62 Trade he t e m a i n 5)des Says tha+

ACcessto Sinqle ukopen matke-

hec of tatiffs f botdet conthols is
at 457 o its+Fade
Chticc fot U
1S the E.

7) E Conomy Remaun Ghques hat lecavng

the EUu QUl pUf fhe dominq
the Eukopes f1ngncia
hce 6f ondon,
cehthe qt tisk bank ui move QUf
,

The BhexitheeFs tg ue t h u t london's

1 1s alteady
S4q4YS 1S Un ussis Gble
as

global poaleF base