...Introduction: In this task I have been asked to explain the international business environment in which a selected organisation operates. The selected business I have chosen is Tesco. What is international business? International business is a term used to describe any business transaction between two or more regions or countries. Many businesses operate internationally to attract more custom and expand their organisations to increase the income the business is taking. International business can include importing and exporting of products, sales, investments and many more. International business is essential not only to give businesses more opportunities but also to boost the economy. Below is a list of some of the organisations that operate internationally: * MacDonald’s * Nike * Addidas * Apple * Samsung * Nokia About Tesco Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the years the business has continued to expand and grow and Tesco now operates in 12 countries around the world, employ over 530,000 people and serve tens of millions of customers every week. They have always been committed to providing the best shopping experience. Today Tesco continues to focus on doing the right thing for their customers, colleagues and the communities they serve. Tesco is Britain’s leading supermarket and is also very popular internationally. Its closest competitor is Sainsbury’s but Tesco always manages to...
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...|Qualification |Edexcel BTEC National Level 3 Extended Diploma in Business | |Unit number and title |Unit 39: International Business | |Learner Name | | |Assessor Name | | |Date issued |31/10/13 | Assessment criteria to be assessed in this assignment |Criteria Reference|To achieve the criteria the evidence must show that the learner is able to: |Task No. |Page No. | |P1 |Explain the international business environment in which a selected organisation operates |1.1 | | |P2 |Describe the mechanisms that regulate international trade |1.2 | | |P3 |Describe how the environment and culture of another country affects |1.5 | | | |a business operating internationally ...
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...UNIT 39: TOURIST DESTINATIONS Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the scope of key UK and worldwide tourist destinations Main destinations: by income generated, visitor numbers and tourism statistics Tourist destinations: major tourist destinations selected from UK, Europe and the rest of the world Generators: source of tourists https://www.blogger.com/blogger.g?blogID=5649485182751853952#editor/target=post;postID=2395076369340406617 LO2 Understand the cultural, social and physical features of tourist destinations Cultural: resources eg museums, monuments, churches, megaliths, festivals, food, drink, music Social: social groups eg national, regional, religious; needs of different customer groups; impact of tourism on resources and the local community; carrying capacity; sustainability; local and national government policies; alternatives to mass market Physical: landscape eg geology of lakes, mountains, coastline, profile of beaches, flora and fauna, preferences of landscape; effects of people and the need for conservation eg urban infrastructure, water supply, sanitation, transport networks LO3 Understand how the characteristics of destinations affect their appeal to tourists Economic characteristics: economic growth and development; the process of economic development in countries eg pre-industrial society, industrial to a service economy; components of gross domestic product; provision of consumer goods; exportation of primary...
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...Analyzing Essay on Franchise- Assignment for Week 10 Ida Johnson GMT 615 SYS/Lecture/DST1 Intra & Entrepreneurship and Business Management Professor: Seth Chodosh July 17, 2015 1 Introduction In the year 1935, a man name David Shakarian, changed his dream into reality by operating a health food store in Pittsburgh, PA. Based on the incremental of his target market, Shakarian was delighted to opening stores in other parts of the US; at which time, he decided to change the company’s name from Lackzoom to General Nutrition Centers, commonly known as (GNC). In no time GNC, started to produce other products such as: vitamin and mineral supplements, foods, drinks, as well as cosmetics. Shakarian, being an entrepreneur who had what it took, did not limit his potentials, but allowed GNC to begin franchising in the year 1988. Today, the GNC Company and franchised stores are operated throughout America and worldwide. According to the website, the company’s franchise strategy has benefited over 70 years, of retail and brand dominance. Because of GNC’s incredible growth, its successful franchise system, and brand awareness through its marketing innovations, more and more people decided to eat healthy in order to live well; and at the same time, the increase of obesity rate, prompted the company to open stores...
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...CHAPTER 1 Introduction to Electronic Commerce © 2017 Cengage Learning®. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part, except for use as permitted in a . license distributed with a certain product or service or otherwise on a password-protected website or school-approved learning management system for classroom use. INYM 225 Study Unit 1 Introduction to Electronic commerce Ms Tumelo Nthutang Learning Objectives In this chapter, you will learn: • What electronic commerce is and how it has evolved in three waves of development • Why companies concentrate on revenue models and the analysis of business processes instead of business models when they undertake electronic commerce initiatives • How to identify opportunities for and barriers to electronic commerce initiatives • How economic forces have led to the development and continued growth of electronic commerce • How businesses use value chains and SWOT analysis to identify electronic commerce opportunities • How the international nature of electronic commerce affects its growth and development 3 3 Introduction Introduction • Electronic commerce began in the United States – China the leader in online retail sales since 2013 – More and more sales being made on smartphones • China is the world’s largest potential online market – Active Internet users and upward economic growth – Buyers use U.S. and domestic sites and are influenced by online reviews and discussions...
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...Business Environment Rankings Which country is best to do business in? From The Economist Intelligence Unit www.eiu.com Business Environment Rankings Which country is best to do business in? F or all the talk about the potential of emerging markets, developed economies in North America, Western Europe and Asia remain the best places to do business, according to The Economist Intelligence Unit’s latest Business Environment Rankings (BER). Singapore looks set to remain the world’s most investor-friendly location in 2014-18, retaining its number-one spot from the 2009-13 period. Switzerland and Hong Kong also defend their second and third place position. The remainder of the top ten is dominated by North America, Scandinavia and other developed Asian economies. BER rankings Score 2009-13a Global ranking 2009-13 Score 2014-18b Global ranking 2014-18 Singapore 8.56 1 8.65 1 Switzerland 8.41 2 8.52 2 Hong Kong 8.34 3 8.39 3 Canada 8.15 7 8.30 4 Australia 8.18 5 8.29 5 Sweden 8.20 4 8.26 6 USA 8.02 8 8.25 7 New Zealand 7.99 11 8.18 8 Finland 8.16 6 8.18 9 Denmark 8.01 9 8.16 10 Norway 7.89 13 8.01 11 Germany 7.99 10 7.98 12 Chile 7.81 14 7.89 13 Taiwan 7.68 16 7.85 14 Ireland 7.30 20 7.79 15 Netherlands 7.94 12 7.78 ...
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...BTEC Business Studies (Level 3) Unit 39 International Business Aim and purpose The aim of this unit is to introduce learners to the role played by international business. The importing and Exporting of goods and services are important economic activities to any economy. Learners will study National and international businesses and the framework in which they operate. In this unit you must explain the importance and differences of international trade. You will explain key economic terms and demonstrate an understanding of how to trade internationally. Many of the tasks will cover several Passes and Merit Criteria. Barr’s are soft drink manufacturers who are famous for manufacturing Irn Bru. They have just appointed you as their marketing manager and are keen to explore the idea of selling Irn Bru abroad. They have identified Germany as a possible option. They have asked you to research into the benefits and costs of doing business internationally. They have asked you to write a report and then present your findings to the board. P1) P1 explain the international Business environment in Which a selected organisation Operates You decide to look at a company that is successfully trading internationally. * Write a profile of a multi-national company Where is its headquarters? Where does it sell its goods or services? What percentage of its market are in different countries etc? How long has it traded in different countries? Turnover etc? * Answer...
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...Case Analysis Project, McDonald’s Corp, Introduction McDonald’s Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company was founded by brothers Richard and Maurice McDonald when they opened their first restaurant in San Bernadino California in 1948. At the time, McDonald’s core business was inexpensive and fast food, burgers, fries and shakes. The present corporation dates its founding to the opening of a franchised restaurant by businessman Ray Kroc, in Des Plaines, Illinois, on April 15, 1955, the ninth McDonald's restaurant overall. Kroc later purchased the McDonald brothers' equity in the company and led its worldwide expansion, and the company became listed on the public stock markets in 1965. Today McDonald’s has grown to become is the world's largest chain of hamburger fast food restaurants, serving more than 70 million customers daily in 119 countries across the globe. As of December 31, 2013, the company operated 35,429 restaurants, including 28,691 franchised and 6,738 company-operated restaurants. It ranks 111 in Fortunes top 500 companies, with revenues of usd$28.1B at the end of calendar year 2013. Problem Statement McDonald’s problems started in the 1990s as a result of rapid global expansion at the expense of service, cleanness, and quality. Solving for cleaning up stores and improving service were short term fixes. CEO Skinner realized...
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...updated product line would entail changes to Teem, bottlers may resist No support for Teem from Pepsi Cola International. Distributors felt that Pepsi is concentrating on snacks rather than soda business Pepsi Product Line Soft Drinks: Pepsi Cola Company and Pepsi Cola International Snack Foods: Frito Lay Inc. and PepsiCo Foods International Restaurants: Pizza Hut, Taco Bell, and Kentucky Fried Chicken (KFC) Consumption America - 500 12-ounce units Mexico - 333.33 12-ounce units - because of underdeveloped distribution system. Pepsi planning to spend $1 billion for next 5 years - to upgrade bottling plants, improve distribution and bolster marketing programs target certain fast-growing market segments - diet soft drinks, and fountain and vending machines. Forcast US - 4% to 5% in 1980 to 3% in 1990 International :8% to 10% from 1990 thro 1995 - 2 billion cases in 1990 to 5 billion by 1995 - profit : 25 percent of sales and profits from foreign markets over the next five years 7-up addition Adding 7-Ups international unit boosted PepsiCos foreign volume by almost 20 percent Competition Market Share US Coca-Cola - 39% Pepsi 29% International Coca-Cola - 46% Coca-Cola to Pepsi : 3:1 Sales Growth International Coca - 8% Pepsi - 29% Revenue Coca - $10 billion in combined domestic and international revenues and $1.4...
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...of the internet called World Wide Web. 2. Electronic Business- another term for electronic commerce; sometimes used as a broader term for electronic commerce that includes all business processed, and distinguished from a narrow definition of electronic commerce that includes sales and purchase transactions only. 3. The five general electronic commerce categories are business-to-consumer (B2C), business-to-business (B2B), Business process, consumer-to-consumer, and business-to-government. 4. Transaction- is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product. Exchange funds. 5. Business processes- The group of logical, related, and sequential activities and transactions in which businesses engage. Transfer funds. 6. EFT (Electronic funds transfers), also called wire transfers- account exchange information over secure private communications networks. 7. EDI (Electronic data interchange) - Exchange between businesses of computer-readable data in a standard format. 8. Trading partners- Business that engage in EDI with each other. 9. Value-added network (VAN) - an independent firm that offers connection and transaction-forwarding services to buyers and sellers engaged in EDI. 10. Business model- a set of processes that combine to achieve a company’s goal, which is to yield a profit. 11. Revenue model- a specific collection of business processes used to identify customers, market to those customers...
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...Grade Boundaries Edexcel GCE AS/A level and Applied GCE June 2014 Understanding our Edexcel GCE AS level, A level, and Applied GCE grade boundaries This document shows the grade boundaries for our modular Edexcel GCE AS and A levels and Applied GCE qualifications. For each set of grade boundaries, the maximum number of available marks is also shown. For individual units, maximum marks and boundaries are shown for both the raw and uniform (UMS) mark scales. Maximum marks and grade boundaries for the overall qualification (the ‘cash-in’) are only shown in UMS marks. Where grade boundaries are greyed out for a particular unit, there are no grade boundaries available. This may be because: the unit was not available in this exam session ● no one took the unit in this exam session. ● Some units have more than one set of grade boundaries because more than one version of the paper was taken. Where the paper title is followed by “Paper 01R”, the paper was sat in countries more than 5 hours ahead of the UK. Definition of terms A grade boundary is the minimum mark at which a letter grade can be achieved. For example, if the grade boundary for a B is 60 marks, then 60 is the minimum mark at which a B can be achieved. A mark of 59 would therefore be a C grade. For modular qualifications, assessments can be taken in various exam sessions throughout the duration of the course. For linear qualifications, all assessments must be taken in the same exam session. A raw mark is the actual mark...
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...published by Business Monitor International Ltd. UNITED KINGDOM AUTOS REPORT Q2 2011 INCLUDING 5-YEAR INDUSTRY FORECASTS BY BMI Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Production Date: March 2011 Business Monitor International Mermaid House, 2 Puddle Dock, London, EC4V 3DS, UK Tel: +44 (0) 20 7248 0468 Fax: +44 (0) 20 7248 0467 Email: subs@businessmonitor.com Web: http://www.businessmonitor.com © 2010 Business Monitor International. All rights reserved. All information contained in this publication is copyrighted in the name of Business Monitor International, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor...
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...The Warwick MBA Assignment Cover Sheet Submitted by : 1268148 Date Sent : 10th December 2014 Module Title : International Business Module Code : IB8180 Date/Year of Module : July – December 2014 Submission Deadline: 10th December 2014 Word Count : XXXXXXX (Excluding Cover, Appendices, Table of Contents, Bibliography, Figures, Tables, Diagrams and Charts) Number of Pages : Question: Using a case study of an actual company, explain the advantages and disadvantages of different international strategies and organisational structures for large multinational enterprises. In your answer you should discuss the relationship between strategies and structures and the conditions under which particular strategies and structures are more or less appropriate. You must also use models of strategies and structures as discussed during the course and presented in the textbook. One example of a case could be IBM’s transformation towards a more global model, but you can choose any similar case as long as some information on the case is publicly available. “This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion. No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been...
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...e com 1. Explain the evolution of ecommerce 2. Explain the key characteristics of the first two waves of electronic commerce. 3. Discuss the advantages and disadvantages of ecommerce. 4. Describe various applications of ecommerce 5. What are the various categories of ecommerce? 6. What are transaction costs and why are they important? 7. Explain strategic business unit value chains with example. 8. What are industry value chains? Explain with an example. 9. How might mangers use SWOT analysis to identify new applications for ecommerce in their strategic units? 10. What are the key issues a company faces when it conducts international commerce? 11. What is EDI? How does EDI work 12. What are the 6 main approaches to generate revenue on the web? 13. Describe revenue models in transitions by 5 different companies 14. Discuss some of the issues that arise when companies implement revenue models 15. How can a company create an effective web presence 16. What are web marketing strategies 17. Write a short note on advertising on the web 18. Explain the funnel model of customer acquisition, conversion, and retention 19. Explain 5 stage model of customer loyalty and life cycle segmentation 20. Write short note on marketing segmentation 21. Explain supply chain management using internet technologies 22. Explain various Auction types in ecommerce. 23. Write a short note on Digital certificates...
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...the ways on which individual strategy units are integrated and co-ordinated. * Functional strategy- selection of decision rules in each functional area. Thus, functional strategies in any organization, some (e.g.,marketing strategy, financial strategy, etc.). It is desirable that they have been fixed in writing. Hierarchical Levels of Strategy Strategy can be formulated on three different levels: * corporate level * business unit level * functional or departmental level. While strategy may be about competing and surviving as a firm, one can argue that products, not corporations compete, and products are developed by business units. The role of the corporation then is to manage its business units and products so that each is competitive and so that each contributes to corporate purposes. Consider Textron, Inc., a successful conglomerate corporation that pursues profits through a range of businesses in unrelated industries. Textron has four core business segments: * Aircraft - 32% of revenues * Automotive - 25% of revenues * Industrial - 39% of revenues * Finance - 4% of revenues. While the corporation must manage its portfolio of businesses to grow and survive, the success of a diversified firm depends upon its ability to manage each of its product lines. While there is no single competitor to Textron, we can talk about the competitors and strategy of each of its business units. In the finance business segment, for example, the chief rivals...
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