Title: Business Management Degree
1WELCOME TO
www.talentedge.com
Business Management Courses Online
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2 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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3Major 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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5Business 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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com/business-management-courses
6 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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7 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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com/business-management-courses
8Business 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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com/business-management-courses
9Summing 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.
For Degree Courses -Contact No
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com/business-management-courses
10Institute
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For more info https//talentedge.com/business-
management-courses
11More detail about the Business Management
Certificate
Enquiries and Customer Support - Email Id
enquiry.dtd_at_talentedge.in Contact
No 91-8376000600
For Degree Courses -Contact No
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com/business-management-courses
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