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The document discusses various topics related to international business such as why nations trade, multinational corporations, and considerations for foreign markets. It provides information on the economic reasons for trade between countries and defines multinational corporations and their characteristics. The section on foreign markets emphasizes the importance of understanding local customs and culture when expanding business operations internationally.

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0% found this document useful (0 votes)
52 views15 pages

Blue Modern Group Project Creative Presentation

The document discusses various topics related to international business such as why nations trade, multinational corporations, and considerations for foreign markets. It provides information on the economic reasons for trade between countries and defines multinational corporations and their characteristics. The section on foreign markets emphasizes the importance of understanding local customs and culture when expanding business operations internationally.

Uploaded by

ghazimgz4
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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GROUP7

International
Adriani Audrey Aprilia M Alfine Sidiq

Business
Ramadhan Dwi Novanto Vera Andjelita
TOPICS

01 02 03
Why Nation Multinational Foreign Market:
Trade? Corporation Customs and
Culture
WHY NATIONS TRADE?

The reason why different countries engage in trade is because no country


is capable of producing all the goods and services its people need and the
potential to produce all products most efficiently or at the lowest cost.

Source: https://www.economicsdiscussion.net/international-trade/why-do-
nations-trade-international-trade-economics/30317
MULTINATIONAL
CORPORATION

Source: https://www.investopedia.com/terms/m/multinationalcorporation.asp#toc-4-types-of-
multinational-corporations
DEFINITION OF
MULTINATIONAL CORPORATION
An organization that conducts business in at least one nation outside
of its own country is known as a multinational corporation (MNC). It
makes at least 25% of its money outside of its nation of origin. A
multinational company has facilities in different countries around the
world, Multinational corporation can also be known as international
or transnational corporate organizations.
HOW IT WORKS
multinational corporation is a company
operations with multiple nations. May
consider any company with a foreign branch
to be a multinational corporation.
CHARACTERISTICSAND TYPES

Characteristics
• large and powerful organizations
• a global presence in business
• complex organizational structure and business model

Types
• Decentralized Corporation
• Centralized Global Corporation
• International Division Within a Corporation
• Transnational Corporation
ADVANTAGESAND DISADVANTAGES

Advantages Disadvantages
Jobs created domestically are
Developing an international
relocated abroad as a trade-off for
presence can open up new reduced pricing brought about by
markets and sales globalization. Long-term workers in
outsourced industries may find it
opportunities unavailable or more difficult to obtain new
not feasible when operating employment as a result, and
unemployment in the home country
just domestically.
may rise.
FOREIGN MARKET:
CUSTOMSAND
CULTURE

Source: https://www.linkedin.com/pulse/marketing-foreign-countries-cultural-differences-ben-
simon
CUSTOMSAND CULTURE
AT FOREIGN MARKET
entering into foreign market can be both opportunities and challenges to
make a market in a different country. All countries have unique customs,
cultures, and traditions. Cultural understanding plays a successful role in a
foreign market. When expanding into foreign markets, you must recognize
and adapt to the unique characteristics of people from different cultural
backgrounds and their preferences.
• Consumer Behaviour
• Language and
THE SUCCESS OF FOREIGN Communication
MARKET CAN BE DEFINE
BY FIVE WAYS • Symbolism and Imagery
• Cultural Sensitivity
• Product Localization

Source: https://www.linkedin.com/pulse/bridging-gap-how-cultural-understanding-affects-success-
sannino
QnA
Time
CONCLUSION:
International Business refers to a trade across
national borders and at a global or transnational
scale. It allows the business to expand their
markets and reach a global customer, while also
promoting the business and cultural
understanding on each country.
THANKYOU
very
10 VOCABS
Adriani Audrey Aprilia M Alfine Sidiq Ramadhan Dwi Novanto Vera Andjelita

firms = perusahaan enterprises = perusahaan Expanding = memperluas


clarity = kejelasan
regarded = dianggap stateless = tanpa Purchasing = membeli
different = perbedaan
fundamental = dasar kewarganegaraan behavior = perilaku
repercussion = dampak
required = dibutuhkan encourage = mendorong involving = melibatkan
recognizing = mengenali
cultivable = dapat behest = perintah emphasizing = menekankan
embarrassment = memalukan
dibudayakan autonomous = otonom deliberations =
appearance = Penampilan
diversities = keragaman nurtured = dipelihara pertimbangan
unsophisticated = tidak
instance = contoh detrimental = merugikan recalibrate = kalibrasi ulang
canggih
petroleum = minyak bumi unemployment = pengangguran advertising = periklanan
assumptions = asumsi
respectively = Masing- stifle = menahan evident = jelas
employees = karyawan
masing inhibit innovation = concerning = mengenai
knowledge = pengetahuan
surplus = kelebihan menghambat inovasi

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