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Summary International Business, Hein Oldeman, Harm Hilvers $3.73   Add to cart

Summary

Summary International Business, Hein Oldeman, Harm Hilvers

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Summary of the book: International Business. This includes the notes of the collegesof Hein Oldeman and Harm Hilvers. The financial part of this court you'll have to practice for yourself tot totally understand it.

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  • Yes
  • January 19, 2016
  • 28
  • 2014/2015
  • Summary

1  review

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By: MorenaS • 7 year ago

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International Business Summary

This Summary is in English because the book and the test are in English as well.
Under every chapter title, there’s a bold phrase. This are the very important
subjects according to Hein Oldeman, the Professor.
I’ve separated chapter 3 and 7 because it’s about culture.

Contents
Chapter 1 Introduction to International Business:......................................................................1
Chapter 2: Political and economic environment.........................................................................2
Chapter 4&5: Internationalization, challenges when you do export...........................................4
Chapter 6: international marketing.............................................................................................7
Chapter 8: International commercial law..................................................................................10
Chapter 9: Risk management, insurance and finance...............................................................14
Chapter 3 Culture......................................................................................................................17
Chapter 7 Intercultural communication and management........................................................19




Chapter 1 Introduction to International Business:
Page 18: why do companies cross borders? Motives page 23. Hein add
some motives in sheets. (Grolsch/Heineken) 27 What about EU. Norway
gets you more paperwork. Difference European Union and Europe.



Companies are grossing borders because they want to be active in international
trade. Some countries have special benefits whereby they have a better
competition level. Also economies of scale and knowledge, quality etc. Are
theories.
Porter tried to build a bridge between ne-classicist and modern theories: the
following factors are involved:

 the extent and nature of domestic competition
 The presence of an adequate supply industry
 The conditions in the home market
 The demand level

Importing, 2 reasons:

 Production of goods or components is cheaper abroad

,  The product is not supplied in Europe

Exporting, reasons:

 New technologies for abroad countries
 Domestic market is too small
 To assure the continuity of the company
 Low cost price, so they are highly competitive in the foreign market
 Overcapacity, sell it abroad.



Motives for going abroad:

 It just happens
 Earn money

Proactive motives Reactive motives



Profit and growth Competitive pressure
goals



Managerial urge Small home market



Distinctiveness of Utilization of
product overproduction



Economies of scale Stabilization seasonal
factors



Tax benefits Perishable products




Chapter 2: Political and economic environment.
P44 Protectionism. P39. p46 exceeds duties, taxes E.D. No details but
you'll have to know the difference. P51 quota's whats that? p.54 CE-
Approval. p.56 international organizations isn't that important.

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