Professional Documents
Culture Documents
Opportunities
Global Opportunities
2
Global Opportunities
4.1
4.1
4.1
Technological advances
and changes in trade
barriers have created a
global economy.
Global Opportunities
4.1
4.1
4.1
4.2
4.2
4.2
Understanding
International Business
Understanding how other countries conduct
business is important to your success as an
entrepreneur.
Deciding on a Product
to Export
To be successful as an disposable income
exporter of consumer money people have to
spend after paying for
products, it helps to market necessary expenses
to countries to sell where
people have enough
disposable income.
Deciding on a Product
to Export
An entrepreneur can trade intermediary an
expand a business into a agency that serves as a
distributor in a foreign
foreign market by using a country
trade intermediary.
solutions
a new idea
a market for the product or service
the ability to handle risk and frustration
good contacts in other countries
4.2
4.2
4.2
International
E-Commerce
Overseas markets represent an enormous economic
opportunity for e-commerce enterprises, but doing business
in another country can be complex.
Tech Terms
exchange rate
the rate at which one currency is converted into another
import regulations
the rules that govern the types and amounts of products that can be
sold, packing that can be used, and taxation
Tech Terms
real time
the actual time that something takes place
translation
the process of changing one written communication into a second
language with the same meaning
Global
Opportunities