Académique Documents
Professionnel Documents
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New Horizons
Learning Objectives
Understand the many changing dimensions that shape international business. Learn about and evaluate the international business forecasts made by a panel of experts. Be informed about different career opportunities in international business.
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New Horizons
The International Business Environment Globalization and Trade Negotiations Government Policy The Future of International Business Management Careers in International Business
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A Divergence of Values
Nations hold differing values and priorities. Divergence of values will require readjustment of activities of the international corporation.
International Finance
Debt constraints and low commodity prices impose slow growth prospects for developing countries. Developed nations have an incentive to help debtor nations. The United States is the largest debtor nation in the world.
Technological Environment
Internet is democratizing global business. Small/medium-sized enterprises can now be full participants in the global marketplace. High technology is a controversial area of economic activity.
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Government Policy
International trade activity now affects domestic policy more than ever. Governments will need to coordinate policies that affect the international business environment. Policymakers need a better understanding of the nature of international trade issues.
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International Communications
Advances made in international communications will have a profound impact on international management. Most affected will be members of the services sector.
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Distribution Strategies
Innovation will determine new ways of serving markets. More sophisticated distribution systems will also introduce new uncertainties such as risk due to distribution interruptions.
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International Pricing
Will become increasingly heated. Forward pricing will become increasingly difficult. Price competition will be substantial. Exchange rate movements may play a more significant role in maintaining competitiveness. Nations will attempt to stimulate their international competitiveness through subsidization, targeting, or government contracts.
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Self-Employment
The Opportunity to Become a True International Entrepreneur Specialized services that might be offered by a consultant include: international market research, international strategic planning, beginning-to-end assistance for international entry or international negotiations. There may be a higher degree of risk involved, but there is also an opportunity for higher rewards.
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