Common Types Of International Business - 1003 Words

International business transactions now play a part in our daily lives. There are four common types of international business. First, the can of Coke we drink may be distributed by the worldwide licensee which has signed the intellectual property with the licensor. Next, a Big Mac you eat is provided by a premier worldwide franchising enterprise. Specifically, a franchise can use the supplier’s trademark and provide the supplier’s products. Another type of international business is Joint venture in which MNE and local companies work together and share profits and risks such as Sony and Philips. Finally, a subsidiary is company owned and controlled by parent company such as limited liability, government or state-owned enterprise (Wild Wild, 2014). Acquiring knowledge about international business can help you have many job opportunities whether you work in marketing, finance, accounting, banking or business development. Furthermore, if you try to enrich your knowledge, you may have opportunity to work as a CEO or become the lecturer at college (What can I become†¦, 2016). 2. There are several constraints that LIMIT the extent to which an MNE can increase its cashflows and market value (MV). What are its: a. Political constraints? Political constraints comprise macro risk and micro risk. Macro risk can be property seizure in which government take over the company. Asset seizures include confiscation, expropriation or nationalization. Furthermore, macro risk includeShow MoreRelatedBusiness 115 Final Exam Study Guide Essay1334 Words   |  6 Pagesand average 2 – 3 paragraphs in length. The exam reflects the following course objectives and possible topics: TCO 1 Chapters 1, 2, 3, 5, 6, 13 and 15 Weeks 1, 2, 4 and 5 Given a description of a typical business, demonstrate how that business acts within our economic system to achieve its goals as well as those of society, along with an understanding of how the future may impact these goals. * Understand the relationship and interaction of supply and demand in theRead MoreBusiness: International Legal and Ethical Issues Essay1172 Words   |  5 PagesInternational Legal and Ethical Issues When businesses deal globally to expand their markets they may face dilemmas which must be dealt with to avoid conflict. The types of issues many companies encounter deal with legal, ethical and cultural encounters. From our example we see the legal issues in settling disputes for international transactions can become very complex. 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