Business Management Degree

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Business Management Courses Online
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Decision Making Process Works in
International Business

• In order to succeed in international or global
  business, both corporations and individuals need
  broad decision-making abilities. This applies to
  various situations in the international business
  setting including business relations, customer
  base, employees, etc. International business
  decisions are based on various factors affecting
  the business. Let's study those factors

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Major Factors Influencing Decision Making in
International Business-

• Competition
• One of the main aspects to be considered while
  making any decision in international business is
  competition.
• Social Responsibility
• Another important aspect that affects
  international business decision making is social
  responsibility.

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4
Business Opportunity Cost

• Opportunity Cost
• Utilizing the limited resources available often
  helps the decision-makers to choose between at
  least two or three alternatives. This creates an
  opportunity to trade-off the cost in an
  influencing manner.

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5
Business Return on Investment

• Return on Investment 
• Return on investment (ROI) is basically the
  difference of the money you invest and the
  potential or actual return you receive. ROI
  controls modifying investment risks and
  influences both pre-investment and
  post-investment international business decisions.

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Business Image and Product Management

• Image and Product Management
•  
• Brand image and management influences decisions
  that focus on public perception of the product.
  Brand awareness concentrates on differentiating
  the business from its competitors and on building
  customer loyalty. It also encourages decisions
  about estimating, marketing, and exhibiting
  products and services at a basic level.

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Business Tax System Policy

• Tax System Policy
• Businesses give a valuable contribution to the
  international economy by paying taxes. In return,
  the government helps businesses by spending money
  on projects like highways, support in developing
  countries among many other things. These tax
  system policies play an important role in the
  international market decision making due to their
  ability to affect the contribution made by global
  entrepreneurs.

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Business International policy

• International policy
• The government supports global businesses through
  trade in goods overseas and encourages goods
  being imported from other countries. And this
  support provided by the government affects the
  international decision-making process because
  every business considers exporting some of the
  raw material that they find it cheaper in their
  local region, rather than buying from the local
  distributor at higher costs.

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Summing Up

• International businesses focus to remove the risk
  factors and help establish a successful base.
  These factors give a clear vision of the
  long-term goal of every business to create a
  healthy environment and earn potential profits.

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Institute
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management-courses
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More detail about the Business Management
Certificate
Enquiries and Customer Support - Email Id
enquiry.dtd_at_talentedge.in Contact
No 91-8376000600
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