ACTIVITY #1

Name: CHARMAINE M. SAGAIRAN

Section: BSBA-3WA

I. Identifications (2 points each)

1. Import
2. Export
3. International Business
4. Foreign Direct Investment (FDI)
5. Franchise

II. Enumeration (2 points each)

Types of International Business
1. Import and Export
2. License
3. Franchise
4. Strategic Partnerships and Joint Ventures
5. Foreign Direct Investment

Types of Foreign Direct Investment

6. Horizontal
7. Vertical
8. Platform
9. Conglomerate

Key Benefits of International Franchise

10. Access top talent on global scale
11. Improve cost efficiency
12. Leverage Financial incentives for entering new foreign markets
13. Expand your customer base
14. Increase consumer trust within overseas markets
15. Cultivate competitive advantages

Give at least 5 examples of International Franchise

16. McDonald’s
17. Jollibee
18. Starbucks
19. Max’s Restaurant
20. 7 Eleven
III. Short Essay (10 points each)
1. International business refers to the exchange of goods, services, and investments across national
borders. It involves various activities such as exporting, importing, licensing, and foreign direct
investment. International trade, on the other hand, focuses specifically on the exchange of goods and
services between different countries. it allows countries to access a wider range of goods and
services that may not be available domestically. This can lead to increased consumer choices and
improved standard of living. On the other hand, international trade promotes economic growth and
job creation by providing opportunities for businesses to expand into new markets. It also
encourages specialization and economies of scale, leading to cost efficiency and increased
competitiveness. Lastly, international business and trade foster cultural exchange and cooperation
between nations, promoting mutual understanding and peace.

2. Import and export activities play a significant role in shaping an economy. Importing goods can
facilitate the transfer of technology from more developed economies to developing ones,
contributing to industrial growth and advancements. Import and export activities create jobs in
various sectors, including manufacturing, logistics, transportation, and trade-related services. Higher
export levels can boost employment as businesses expand to meet international demand. Overall, a
well-functioning import and export system can stimulate economic growth, enhance
competitiveness, create job opportunities, and facilitate technological advancements. However,
unfavorable trade imbalances or excessive dependence on imports can pose challenges, requiring
appropriate policies and strategies to maintain a balanced and resilient economy.

3. In my own opinion I would suggest, the Calabarzon Region (Cavite, Laguna, Batangas, Rizal,
Quezon) region, which is located just south of Metro Manila, is another favorable choice. It is
known as an industrial powerhouse due to its proximity to major ports and airports, as well as the
presence of several industrial estates. Calabarzon offers a skilled labor force, a strong industrial
base, and a favorable investment climate. When choosing a specific location, it's essential to
consider factors such as access to transportation networks, infrastructure, availability of raw
materials, proximity to markets, labor costs, and government incentives.

4. Going global is important for various reasons, In general, going global can bring numerous
benefits, such as market expansion, profitability, talent acquisition, competitive advantage, risk
diversification, brand recognition, and continuous learning. However, it is essential for companies to
conduct thorough market research, develop a robust internationalization strategy, and adapt their
business operations to the specific challenges and opportunities in each global market they enter.
Going global exposes businesses to different cultures, consumer preferences, and business practices.
It forces companies to become more adaptable, flexible, and responsive to diverse market needs.

5. Globalization, while bringing many benefits, also presents various challenges. Some of the key
challenges of globalization include Inequality, Cultural erosion, Environmental degradation,
Economic instability, Loss of national sovereignty, Labor issues, and Social dislocation.
Globalization can contribute to social disruptions, including urbanization, migration patterns, and
displacement, leading to challenges in managing social integration and addressing issues such as
poverty and inequality. It is important to note that these challenges are not inherent to globalization
but rather reflect the way it is currently implemented. Addressing these challenges requires careful
policy considerations, cooperation between nations, and responsible business practices.