Business Management Degrees - The Stepping Stones to Success

Successful businesses are the cornerstone of any well performing economy. The ever increasing pressure on business and governmental agencies to enhance performance at local, national and international levels is a constant reminder of this. As the quality of the management team directly affects the performance of any business, there is growing demand for competent and successful managerial staff worldwide. The rewards are immense, from high paying wages to careers that provide intrinsic and extrinsic benefits and a feeling of achievement and self worth. However, to enter the competitive world of management, an individual must possess the skills necessary to survive and thrive in this environment.

The activities of planning, organising, directing, controlling, implementing and evaluating lie at the heart of the skill set required to evolve into a successful manager. Without these skills and knowledge, the doors of opportunity will likely never open. This is why it is important to get the necessary training at a high performing tertiary organisation that has a proven and successful background in delivering internationally recognised and revered business management degrees. Due to the rising complexity of business and the work place, the origination of many niches within the managerial function have been created, which require unique and customised skills to perform in that role. Some examples include human resource management, communications management, production and information technology specialists, to name a few. Reputable training institutions will be able to provide a wide array of skills pertaining to the specialisation in management that you wish to take.

Not only are there internal pressures to perform, but the business environment is coming under increasing scrutiny to adhere to ethically and socially responsible business practices and managerial ethics. It is essential that in your base of education when studying for a business management degree, those social and ethical responsibilities are incorporated into the education. No matter how successful or large the business may become under your managerial direction, if a company is seen to go against socially desired ethics, such as adhering to 'green regulations', then consumers may turn to an alternative company that is seen to be performing ethically. Leading business managers have not simply complied with specific legislation that enforces a company to comply, but have realised that socially responsible actions are in fact good for business. Being proactive in promoting socially responsible business practices and models, creates a positive perception from consumers, as well as the general public, which ensures that people will continue to purchase from the business. Additionally, consumers utilising the services of other businesses will switch to a business that is well viewed and liked in the public eye.

A competent manager who is socially and ethically aware of the business decisions that are made in the name of the company will have a bright and rewarding future. However, you require the in depth knowledge and skills required to enter the industry which are only accessible through quality tertiary institutions. Enrol now and start laying your stepping stones to success.

Internet Marketing For International Business

International business is all about reaching out to a global audience and targeting the worldwide populations. Managing a multinational business can prove to be hectic and if not done with precision may prove to be a disaster and loss of huge amounts of money. Now where do the managers go to ask support for their international businesses? Simple, to the Internet. Through the Internet one can target a worldwide pool of potential customers and go global without the real world hassles of crossing borders. The Internet and online Business-to-Business (B2B) ecommerce are the most powerful business tools known to mankind. These are some of the benefits of Internet marketing for B2B ecommerce websites:

o These are easy to operate, in some cases they can even be operated automatically o Very inexpensive as compared to the real world investments - as one website caters to customers all across the world o The customers are provided with a non ending list of products and their varieties o Provides dynamicity, i.e. each customer is handled individually and thus they get a-value-for-money services o All the business processing and database processing is easily managed through a single administrative dashboard o The websites can be customized to match the business processing and policies

It's been seen that Internet marketing is bring in more business than its real world counterparts. This is because of the reasons that make Internet marketing a must have strategy for any International business. These are:

o Reach. The Internet has a global reach so it is expected to bring in more customers than the local businesses are. o Scope. The scope defines the niche that the business would target. Being online a business could target a wider niche by offering multiple products and varieties that may not be possible in the real world. o Immediacy. The big benefit of Internet marketing is that it is immediate. The customer likes the product, he clicks "buy now", and you are done. o Close Loop Marketing. The power of Internet allows the reputation managers to continuously trackback their sales and the reviews. This way you know what is being said about you.

Now we shall talk about strategies of Internet marketing. This is a step-by-step Internet marketing model. This is not comprehensive information about the marketing strategies as each individual has a unique methodology to pursue Internet marketing.

1. Online research is the point of start for all Internet marketing. You must know what you are promoting so that your product can give a stiff competition to the current rivals. 2. Plan a promotion strategy including which population to target and how to go through with the marketing. 3. Optimize your ecommerce websites for best search engine ranks using legitimate Search Engine Optimization techniques. 4. Make the best effective use of Email Marketing. 5. Dominate your targeted niche with affiliate, reseller, and associate programs. 6. Publish, article, Press Releases, blogs, and classifieds about your brands and get listed in news stories and web directories. 7. Interact with your visitors and ask for reviews. 8. Keep a trackback record of each sell and customer review. 9. Continuously monitor performance of the business processing.

How to Bow and Other Important Things in International Business - V2

The premier (Article I -in this series) left off with an example from my Russia experiences and observations of how not educating yourself in history, cultures and manners could and will get you expelled from a country! The two salesmen in the first story were real senior level people, oblivious of any international business education and responsibility for their failure. Their company hopefully learned from the Russian expulsion and quickly instituted a change that would better prepare their management and employees for international business. Remember one simple thing; "if it were easy...everyone would be doing it right!". You can not successfully perform International Business (IB) without cultural preparation, readiness education and practice...before...you go! All of the stories presented in the six part series come from my direct observations and experiences while working on multi-company programs or significant business negotiations in each country.

Our next example comes from South Africa where a multi-company program was responsible for surveying land to build an operations center, establish support services and assure security measures. So what went wrong in this seemingly simple task? Simply --untrained, un-managed youth! More specifically, young employees sent away for possibly the first time in their lives, to a foreign country, without any senior management, or corporate training, nor cultural education or strict observances corporate policies. The issue -was not only intoxicated in public- but causing a car accident while driving in the same condition which sent one of the local people to a hospital with a serious injury!

This accident should have never happened. Police were called and once again certain US workers were expelled from a country, heavy fines, restitution and allowances were paid upfront and now qualified replacements had to be made to continue the project. The cost was over $600,000 to fix! The three expelled employees action had a continuing effect on the firm and the mature business responsibilities, between legal and binding parties, than the young technicians fully appreciated. If the incident would have caused a death or permanent handicap, the entire company would have been expelled after massive sums of money and restitution deemed appropriate was paid and jointly closed. If you think about it, for smaller companies this would have immediately shut down the firm or caused a bankruptcy. The eventual newspaper article reference worldwide alone would have caused priceless long term damage.

So, as you will come to learn over the final next 4 installments, International Business (IB) is a serious matter, not to be taken lightly nor without the right education and assurances in place, and in practice, to make all your experiences a growing and rewarding calling. It is always worth it to do things right!

What Careers Are Available With a Major in International Business?

Do you love to travel? Are you fascinated by exotic cultures, people whom are different from you, foreign languages and world customs? If so, you may be the ideal candidate for a college degree in International Business.

Students who are interested in an International Business college degree should enroll in a specialized degree training education program at a college or school. This program should consist of focused courses and hands-on training classes that prepare students for a successful career.

International business is a term used to collectively describe any topic or subject that relates to the operation and function of organizations that are involved or located in several different countries. These organizations are often called multinational corporations.

Popular examples of multinational companies are Toyota, McDonald's, LG, Verizon Wireless, Siemens, Yahoo, Sprint, Google, Hyundai, Dell, Microsoft, L'Oreal, Revlon and Honda. Such companies usually possess an interest or subsidiary over another company in the country of venture. International business is powerfully impacted by the political, socio-economic, cultural, global and legal environmental standards of individual countries. Globalization has also greatly contributed to the increasing success of international businesses.

Laws, regulations and standards of living can differ substantially in a multitude of countries. A person who wishes to work professionally with international clients must address issues like language barriers, cultural differences, climate changes, business practice variations and many other potential conflicts.

A college education in international business will focus on business studies courses, general studies classes and cultural awareness training programs. College degree programs provide students with training in information technology, international studies and business management. Students will develop in-depth skills that utilize business strategies and intelligent techniques in an international context. They will also acquire a general liberal arts education that will eventually lead to the development of a well-rounded, knowledgeable and worldly business leader. The program will also include basic courses that address the economic aspect of business.

Why do some college degree programs incorporate a liberal arts approach to the areas of international politics and culture? Many colleges believe that this type of knowledge can dramatically improve a person's cultural understanding. These programs survey the dynamics and various aspects of the global business setting. They focus on the international economic, historical, political and cultural foundations of the modern business climate, ideal multinational corporate functions and the general successful management of a corporation in an international environment.

There are many paths that a student can take with a degree in international business. A graduate can explore the fields of importing and exporting tangible goods, foreign banking, world-servicing nonprofit organizations and international business empires. By pursuing an education in international business, a student can:

Explore business practices, ideals, standards and laws in an international or multicultural setting
Familiarize oneself with the legal practices and procedures of various cultures and countries
Grow knowledgeable in the areas of international business that are constantly evolving or changing
Learn about cultural differences that may strongly impact an international relationship among clients

International Business Loans: Helping Business Players Expand Globally

Expansion is a key to business growth. A business has to extend its horizons, reach more markets, and invest on possible additional sources to attain success. Expanding the business locally is a wise move, but it would still be better to extend the horizons to the global market. The global community is one large market and it would bring a business overflowing profits if it starts establishing itself to international markets. However, building a reputation internationally needs hard work and also, large funds. Fortunately, there are private banks that can provide large funds for expanding businesses.

A business may not have the capability to sustain itself financially at first. To successfully start expanding its market internationally, it must have enough funds that would be used for the investment. What private banks do is they provide a specific amount of capital that would support the starting business until it is financially independent.

Expanding globally involves a lot of spending. Shipping expenses alone costs millions worth of money. Without any financial resources to use, the expansion project may not be successful. Introducing a brand in the international scene entails a lot of risk-taking, and a company's financial resources might deplete if it will only get its funds from its own profits. Financial aid from an external source is quite important.

Establishing a reputation in the global scene is really a tough job. It may even take a long time before it can be achieved. Moreover, it takes a lot of spending too. A lot of investing should be done to become well-known in the international market. To get big business opportunities, financial sources like capital international fund are needed. Having a competitive edge does not only include smart marketing strategies, but also finding opportunities that would provide additional funds.

Wealth management is also essential in the business expansion project. Financial sources will easily deplete if not managed well. Outgoing cash should also be controlled to prevent huge losses. International business loans provide borrowers huge amounts of money to help them attain a higher standing in the business world. However, if not properly managed, they may diminish within a short time, thus making the business lacking funds for other investments.

They also act as a protection against possible risks. In case unexpected financial/property losses occurred, there would still be an extra financial resource that would help the company continue with its operations. With the aid of business loans and international capital investment that are available today, businesses can introduce themselves globally without being much affected by risks.

MBA in International Business Is What You Need Right Now!

Development of technologies and the ability to quickly move from place to place has created many business opportunities for companies around the world. More and more businesses are becoming global, and therefore an MBA in International Business can be a smart move for further career growth.

Careers in global business requires the ability to maneuver in complex business situations. In the MBA program in International Business you will learn about international finance, accounting, management, business policy and marketing strategies. Getting the MBA makes you more competitive in the labor market and provides opportunities for growth.

This MBA program prepares students for the business climate around the world. Some of such programs can be completed in just a few months, if you select the format of online learning. You'll be ready to work on the international business arena, focusing on the difficulties faced by international and global markets.

You will study subjects such as analysis of international trade and finance, global marketing strategies, management practices in international markets - all of it is okay to prepare you for future career, because apart from this, you will learn a lot about international sales, global distribution, international management and international trade. The main thing is to choose the school with a good reputation.

Global businesses are very important for the success and stability of many companies around the world. It is therefore very important that these companies have worked with professional experience and knowledge of the subject. Employment opportunity after receiving a degree is very high, because the interaction between international companies continues to grow.

If you possess excellent communication skills, love to get acquainted with other cultures, to understand the business, then think - maybe an MBA in International Business is just what you need?

How Communication Relates To Business Management Skills

There are two types of communication that can be seen within the business setting; external and internal. External communication involves the transfer of information either to or from individuals who are located outside the organization. Customers as well as other business associates are usually involved in external communication.

Communicating with customers is critical to the business and is what will keep them coming back time and time again. Establishing a positive rapport with your customer base will mean the difference between adequate sales and extreme success. Companies work every day with a wide variety of other companies who work hard to supply goods and services, as well as product parts and other important items. Knowing how to communicate with them is crucial to the success of overall operations. The goal of external communication is usually to obtain a favorable response to needs of the organization.

Internal communications involves the transmission of information between those individuals within the company. The aim of this type is usually to accomplish a variety of internal objectives.

Business management skills utilize both external and internal methods of communication in an effort to make necessary changes that will improve overall company operations. If a particular piece of information is not fully communicated, the end result could be a job performed incorrectly on the inside which could then result in customer dissatisfaction on the outside. To avoid this, all lines of communication should be left clearly open.

The best way to develop business management skills, like efficient internal and external communication, is to work out a plan and stick to it. Know what business strategies you wish to use and implement them on a regular basis. You should also be prepared to make changes where appropriate. Proper communication skills are an integral part of business management because without them, business transactions would not be accomplished.

International Business - Degree Study Programs

It is no surprise that businesses are crossing over into other countries by selling their product internationally. The challenge of conducting business internationally is the differences in policy and social interaction. The need for education in business is essential and students can enter degrees with an international focus from business schools across the country.

With companies expanding their reach into foreign markets the study of business in regards to international work is required.

Students can enter multiple degree programs that focus on the differences of business culturally, geographically, and economically.
Studies can be entered at all degree levels, which present students with a variety of careers that they can transition into once they graduate.

There are numerous things for students to know prior to enrollment in a learning program.

1. Beginning education with an associate's degree provides students with specialized international business courses, general business courses, and some general education courses. The ultimate goal is to train students to enter work in global firms. Students explore global industry standards and regulations that help them become comfortable with international business tactics. Through the examination of business roles in global agenda students become an asset inside their job. Students are taught how to facilitate strategies that center on helping businesses be strong internationally. A general international business course introduces students to the geography, the Internet, and the cultures that participate in global business. Subjects covered include organizations, monetary systems, and business roles. Education at this level is a good stepping-stone to start a career or continue education.

2. Students can study in concentrated areas such as international banking, exporting, and marketing when they enter a bachelor's degree program. A program goes through the different regulatory practices that make up the work involved in international organizations. Essentials of business are also taught, which includes microeconomics, data analysis, and accounting. Courses on international marketing, finance, transportation, and the global market build upon basic business principles to create a well rounded professional. A marketing course gives students the framework for how marketing crosses national borders. Different foreign markets are examined to prepare students to work with various factors when deciding how to market internationally. Many students enter a career directly after completion but some use a bachelor's for an education base to enter a master of business administration degree.

3. Management level skills are gained when students work through an MBA in international business. Areas like business risk, foreign interaction, and contract assessment are discussed inside advanced level coursework. Students are able to explain regulations on importing, unfair trade, and law. Management courses on marketing, finance, advertising, and leadership are taught from an international strategic standpoint. Career work can be done in global companies as well as in government agencies and banking companies. Many students work within international companies throughout different areas of the world. In depth research and understanding is obtained when students work through a PhD degree. Curriculum is highly focused on advanced international study. Career work usually consists of becoming a post secondary professor.

The business being conducted internationally is going to continue to increase as companies and the Internet work on creating a global nation. The ability to contribute to the world of international business can be learned through accredited online schools. Full accreditation is provided by agencies like the Association to Advance Collegiate Schools of Business (http://www.aacsb.edu) to schools and colleges that offer students the best quality education available. Students can enter this exciting career by beginning education.

DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.

International Business Degree - Maximise Your Career Prospects

In many ways behind every brilliant career there is the right choice of university and degree. Students with the drive and ambition to succeed in business and a wish to travel may consider an international business degree that focuses on maximising your career prospects.

Serious tuition at a business school gives undergraduates the best possible learning environment in terms of facilities, teaching and industry links. There is no better way to study business than in London, the financial epicentre of the planet. The broad-based knowledge, skills and training you receive for a career in the global business world is invaluable.

There are numerous international business degrees available to enroll on, each providing their own insight into global business - from accounting and finance to real estate and management. Naturally, enrolling on courses at such pioneering establishments with close links to the City of London is a rigorous process with high entry requirements. Students with a clear aptitude and skill in a business environment may be able to benefit from generous scholarships and bursary awards made purely on the basis of academic merit.

International business degrees provide the chance to obtain international exposure in the marketplace, giving undergraduates a vital edge in the job market. Many institutions give scholars the chance to spend a year or a term studying in partner institutions be it Hong Kong, Singapore, the United States or across Western Europe.

Professional placements and internships are the perfect opportunity to gain both work experience and build up networks and relationships that can mould future career steps. Being able to apply theoretical knowledge gleaned from an international business degree course and apply it to practical everyday problems is a worthwhile experience.

Focusing on International Business

If you have always been fascinated by world cultures, exotic languages, international travel and foreign customs, you may want to pursue an Associate's Degree in International Studies. Unlike a Bachelor's Degree, an Associate's Degree only requires two years of schooling.

What does an Associate's Degree in International Business entail? Students who choose to enroll in a college training degree program in International Business will participate in intensive courses, focused classes and career preparation training that will prepare them for successful careers.

International business generally encompasses any subject or topic that deals with the function and operation of any businesses that are involved with or located in several different countries. These companies are often called multinational corporations.

Today, there are hundreds of multinational companies. Some well-known examples of them are Gillette, ALCOA, Procter & Gamble, Polo Ralph Lauren, Shiseido, DuPont, Citibank, DHL, Federal Express, Silicon Graphics, Sylvania Lighting, Hewlett Packard, Unilever, AT & T, Bacardi, Bank of America and Lockheed Martin International. These businesses typically have an interest or subsidiary over another company in the country of venture. International business is often substantially influenced by the factors outside of business, such as social, political, cultural, global and legal environmental standards of specific countries. Globalization has also powerfully contributed to the growing profit of international firms.

Everyday standards of living, legal regulations and government laws can vary from continent to continent. A person who wishes to professionally interact with international or foreign clients must face issues such as cultural differences, climate changes, language barriers, business practice variations and other possible conflicts.

Earning an Associate's Degree in international business give students a comprehensive education. Students will take business studies courses, general studies classes and cultural awareness program training. Associate Degree school degree programs provide students with skills in information technology, business management and international studies. Students will acquire skills that incorporate business strategies and smart tactics that will lead to the development of a culturally-educated, knowledgeable business leader.

An Associate's Degree in international business can lead a college graduate into many different types of careers. A graduate can go on to pursue a Bachelor's Degree in Business Management or International Business or can go and work directly in the corporate world. By learning a second language, a person can become an even more valued asset to a company. Many companies seek out college graduates who are fluent in Spanish or Chinese and also possess a background in international business.

There are many different routes that a student can take with an Associate's Degree in international business. A graduate can explore the areas of exporting and importing foreign banking, tangible goods and world-servicing nonprofit organizations and international business empires. By pursuing an education in international business, a student can:

Study business ideals, practices, laws and standards in a multicultural or international environment
Familiarize oneself with the legal practices and procedures of various cultures and countries
Gain experience in the spheres of international business that are continuously evolving
Learn about cultural differences that may potentially impact an cross-cultural relationship among clients

MBA in International Business - An Overview and Knowhow

An MBA in international business trains the professionals to meet the challenging demands of international business. An international business has a widely larger perspective than a localized business and hence requires more professionalism, efficiency, skills and perception to manage in different terrains and if different grounds. Technology has made the world a global village and business has benefited heavily from this. Organizations tend to expand beyond their initial frontiers and into other countries. This has created a demand for professionals in international business. Holding an MBA in this field will prove you to be considered seriously and improves marketability.

The MBA in international business is focused upon multinational business criteria and its needs. The program is so designed to make the professionals who pursue it to understand the sensitivity of worldwide relations and multicultural concerns and also how their decisions can have a global effect on the organization. To meet the needs of the business which is expanding across nations, the degree will prove to be useful for companies to pick you from their available options. Students can expect to study international financial management, international marketing and international management with address to international banking systems, foreign exchange markets and political environment of various markets.

Professionals acquiring the MBA in the stated field will be prepared for opportunities in various professions thus giving them a wide variety of careers to choose from if they had not already decided upon. They can expect placements to be in demand in fields like international sales, global distribution, international management and international trade. Although the work is highly demanding with high stress levels, the reward it pays back is so high that the pay itself serves as a motivation factor for many to remain motivated and hard working. It proves a right place in banks, manufacturing companies, government agencies, aviation services, shipping and import export firms.

Four Steps to Accelerate International Business Growth

U.S. exports continue to grow, but many American companies lack the international business know-how to capitalize on this potential source of increased sales and profits. Proliferating trade agreements and a weakened U.S. dollar have resulted in one of the most favorable export markets in decades. Foreign importers of U.S. goods report an increasing demand for U.S. products--from popcorn to pet food. The U.S. has enjoyed 11 straight quarters of increasing exports--yet with 95 percent of the world's population residing outside of U.S. borders and an increasingly promising international sales outlook, experts are questioning why only 5 percent of U.S. companies are currently exporting. But how do we initiate and sustain growth in unfamiliar markets?

1. DEFINE STRATEGIC NEEDS

Tapping into new markets provides the opportunity for increased revenue and profits. However, this initiative needs to be consistent with the company's overall strategy. Inconsistent, sporadic, or unfocused deployment of resources directed toward international growth can result in an underperforming initiative that soaks up limited resources with little return. Barriers to entry (duties, regulatory, and trademark restrictions) need to be identified and addressed. A SWOT analysis detailing the company's strengths, weaknesses, opportunities, and threats will identify and help maximize the company's strengths, minimize its weaknesses, and give focus to the international opportunity.

An international growth plan consistent with the corporate strategy will enhance the odds of success. Tactical aspects of international development such as sales, distribution, and marketing need to be addressed. International growth factors can be sufficiently different from the U.S. models that a lack of familiarity can dramatically reduce the chances of success. Above all, there must be clear direction, full management support, and dedicated resources.

2. SECURE APPROPRIATE ASSISTANCE

Small or medium firms initiating or expanding into international business will find the U.S. Government's Department of Commerce (DOC) an enthusiastic partner in helping American companies succeed globally. This organization coordinates resources from across 19 Federal agencies to help American businesses plan their international strategies in an increasingly globalized environment. In an unfamiliar foreign market with confusing regulations, uncertainty, and risk, the DOC can help U.S. businesses navigate the overseas sales process and avoid hazards such as payment defaults and misappropriation of trademark and intellectual property. The DOC's commercial service provides a surprisingly actionable array of quality services including in-country market research, trade events and missions, trade leads, and introductions to prospective business partners. The Export-Import Bank and the Small Business Administration unite to help in the financing of U.S. goods and services exports to the international market, enabling companies to turn international leads into solid sales.

Firms specializing in international business development can help jump-start foreign expansion. These firms are groups of highly skilled, experienced professionals offering practical, cost-effective assistance to companies committed to maximizing revenue and profit potential through accelerated international growth. The range of services offered varies by firm, but overall they help companies conceptualize, implement, and manage large or small international business development projects. These services can range from determining the overseas market potential for a product to managing a firm's export sales to identifying and qualifying foreign strategic alliances. A company wanting to penetrate the international market needs to assign a fully dedicated resource to this initiative. This individual should be the linchpin connecting the organization's resources, know-how, and culture to the international initiative. As the business develops, additional resources should be assigned to maximize the opportunity. These should be considered investments rather than costs.

3. DETERMINE MARKET ENTRY STRATEGY

A firm's appropriate market entry strategy will largely depend on its level of international development. For a company just commencing its international development, market penetration via in-country distributor sales may be the fastest and most cost-effective way to enter a foreign market. Selling through in-country distributors is relatively low-risk and will provide valuable learning opportunities. Once the target country or region has been identified, a process that will naturally derive from the SWOT analysis, the selection process can begin. Various U.S. government agencies and trade associations can provide a wealth of data to begin narrowing the selection.

Trade publications and events are also an excellent source. Factors to consider when selecting a market may include such criteria as regulatory environment, market size and potential, cost of entry, and competitive environment. To further narrow the possibilities, an in-country visit is required. Once there, the use of trade leads, competitive evaluations, local government assistance, and potential candidate interviews will provide additional information and insights. Major considerations in selecting a distributor are: willingness to assign a dedicated resource, market leadership or track record, marketing savvy, complementary and not competitive products or services, site inspection, and financial stability.

Penetrating a new international market is often perceived as an extension of the existing domestic business. Consequently, many American companies bypass standard business guidelines requiring rigorous market analysis. Only after performing thorough due diligence can one elaborate a service or product offering and accompanying marketing programs.

A company's preferred mode of entry--in-country distribution, joint venture, merger, or acquisition--will depend on that firm's primary objectives from opportunistic sales to positioning for long-term market-driven growth.

Economic globalization will increasingly lead to the creation of strategic alliances. U.S. firms must make sure that potential partners share short- and long-term objectives in order to reduce the divergence of ideas and efforts. Common values and shared business/ethical standards will enhance communications, transparency, and effectiveness. The partners should have complementary strengths and weaknesses to build a stronger and more effective alliance. Principles and processes for conflict resolution and the relationship must be drafted and agreed to by all parties concerned for the partnership to run smoothly.

4. DESIGN EFFECTIVE MARKETING

All markets have commonalities. However, effective international marketing begins with the awareness that markets are also different in ways that are not immediately apparent. The key is understanding consumers and identifying their needs through culturally specific market research. Focus groups can be especially effective in identifying the international consumer's wants and needs. The advertising agency used in developing the offering should be local or have local representation. Employees with a thorough knowledge of market characteristics and idiosyncrasies will be particularly effective in communicating the desired message and creating and enhancing the brand image. Language skills and an affinity for different cultures are critical assets when marketing internationally.

Flawless execution is key. As a firm executes the international strategy guided by a solid business plan, it is important to celebrate milestones and benchmark against industry leaders.

Although not comprehensive, these four steps will help serve as a guideline for successful international market entry and growth.

Global Economy Creates Need For International Business Pros

The increasing globalization of business has created a demand for MBA graduates with a specialization in the international management of business. Many institutions, including several accredited universities, offer the opportunity to earn an international MBA online. Online International MBA programs are ideal if you are a working professional who may not have time to attend traditional, on-campus classes, or if you just prefer to have the flexibility to work when and where you want from the comfort of your own home or office.

An online international MBA program will offer a solid foundation in modern business principles and practices such as critical thinking, and decision-making, with a focus on the management of business internationally. You will learn about the financial and operational structures that enable business to operate in a global environment, and the perils and opportunities that arise from the conditions, intense competition and economic uncertainty that exist in a global market.

Online International MBA programs are designed to meet the needs of the working professional, and provide a quality graduate education for those who seek an alternative to traditional, on-campus study. By working toward your international MBA degree online, you can control when and where you attend class, and often how long it will take you to complete your degree. The globalization of business has increased the need for individuals with this kind of specialized knowledge to manage international business affairs effectively. An online international MBA, though no less demanding than a traditional on-campus education, can provide you with the knowledge and skills to be a future manager in international business while being able to stay committed to your current professional commitments and responsibilities.

Business Management Courses - Customized To Give You A Better Tomorrow

For businesses to run properly and efficiently, the need for well qualified managers is very essential. The management is the soul of any organization and without a proper management team any business might go haywire. Due to diversity in business policies and use of global marketing strategies, management in India has taken a new approach. Therefore to keep up with the latest trend business management colleges are offering structured business management courses that meet the demands of the changing industry.

Indian companies have become globally competitive and there are various MNC's in India that have made a reputation in the international market. These MNC's require smart, well qualified MBA graduates who have thorough knowledge about the recent market trends and are ready to face the competitive world. Students who have passed out from reputed business management colleges are in much demand in the local as well as international market. Therefore the MBA courses that are offered in most of the institutions are customized to meet the ever increasing demands of the various industries. The MBA colleges in India offer courses that are a remarkable combination of both the Indian as well as International market and some of the colleges here offer MBA degrees in collaboration with international business schools. Therefore students enrolling in such institutions get a combination and exposure of both the industries.

The infrastructure and facilities provided in most of the business management colleges are at par with institutions that are world renowned. And the curriculum offered is such that these colleges can churn out the best managers who are ready to take up any sort of challenge. A compulsory part of the curriculum of these business management courses is to work very closely with the industry. Their training programs consist of hard core practice in the industrial field to learn the innovative and new approaches of various trades. The Indian economy is booming and trade and commerce is growing at a rapid pace with the introduction of new innovations, new work culture and new infrastructure being included almost everyday. The MBA colleges train their students in such a way that when they enter the industry they are not appalled or find it difficult to adjust themselves to the ever changing scenario.

A proper MBA college will offer a traineeship program that will help you get the type of job you desire and an employer will get a candidate as per his/her requirements. The MBA colleges are tied up with the corporate sector and also have the facility of campus recruitment; so if you work hard you are sure to land up with a good job by the time you complete your course. Many aspiring and talented students have earned stipends while on training, from national as well as international companies.

Work shops, practical case studies, understanding of business concepts and theories, regular workshops, cutting edge camps and visiting various renowned companies are all part of a basic curriculum. The business management colleges not only impart knowledge and training on industry standards, but also help develop the overall personality of an individual. The students are groomed meticulously to improve their speech therapy, interpersonal skills, techniques to face any sort of interview, enhance body language and look like a thorough professional. These MBA institutions make a person much more confident, smart and mentally strong with excellent and prompt decision making powers.

Students can specialize in fields such as marketing, finance or human resource. Many colleges are also offering international trade or fashion as part of a specialization programme.

Undergraduate Program: International Business Program

International Business Program is designed for students interested in a career in an international environment. The program (Undergraduate Program: International Business Program) meets the need for business men and women who are able to work in an international business life and contains general as well as specialized courses, all given in English. You will meet students from different parts of the world during the program (Undergraduate Program: International Business Program) which gives you an excellent basis for understanding other cultures. If you take the chance to go abroad, on a university exchange and/or an international internship, you will have experience from studying and working in an international environment. This provides you with valuable experience when applying for future work.

Career opportunities After studying on the International Business Program you will have the competence and qualifications to work with international business related tasks in companies, organizations or in the public sector. The internship program offers you a unique opportunity to work abroad where you will have the chance to practice and develop your skills in marketing, management or finance. The program (Undergraduate Program: International Business Program) gives you eligibility for advanced and post-graduate studies in business administration.

Program Outline

All courses are studied one at a time with an examination at the end of each module. Normally each course module is 5 weeks. Courses in the first five semesters and part of the sixth semester are obligatory.

• Business International Administration A (International Business Environment, marketing, organization and management of the firm, management accounting) • Statistics (Introduction into statistical quality control and statistical decision theory) and Economic History (about the evolution of economic phenomena in historical perspective) • Economics (how to manage limited resources) • Business International administration B (Financial accounting B, entrepreneurial and enterprise and enterprise resource planning systems, Research methodology in Business Administration, foundations of Finance. • Business Administration C and electives (In this semester, you will study 15 credits at C level where you choose between marketing and finance, and 15 credits (elective courses) in any subject as long as you fulfill the requirements and there are seats available on that course. You are guaranteed a seat on all courses in the following institutions: Business Administration, Economics, statistics, Law and economic history. You may also apply for other courses with in languages, behavioral sciences and informatics. You may also go for exchange studies abroad in this semester. • Jurisprudential survey course (Introduction to Swedish Law and Basic EU Law) and 15 credits elective courses (students have an opportunity to go for internship abroad ( optional) but which we highly recommend or choose to study 15 credits electives( same conditions as in semester 5)

In the seventh semester, you will choose a specialization between the unique courses for each emphasis in Business administration. (Marketing, Management,Business Development and Internationalization).

Semester 8: Degree project. The degree project should have the same emphasis as your area of specialization (to be written with another student). Assistance in oral and written presentation in English will be given parallel with courses in semester 1 and 4.

Career Opportunities

Students that complete this program use their qualification to work in companies, organizations and authorities with an international emphasis. The program (Undergraduate Program: Business International Program) also prepares the student for an international work environment.

Offshore LLC Versus International Business Company - Offshore Limited Liability Company Advantages

Tax minimization and simplification of operation just about sum up the advantages of the foreign offshore LLC (limited liability company) for U.S. residents, especially with the latter benefit being true for people of any nationality. Furthermore, when used with an offshore grantor trust this combo assures excellent asset protection also and satisfies the taxing authorities. But first of all, what is an offshore LLC, who is it good for, and how does it differ from the more popular international business company?

A foreign offshore LLC ( limited liability company or limited life company in some jurisdictions ) is an unincorporated business entity which is a cross between a partnership and a corporation. Like an international business company, it protects its members from personal liability for the obligations and debts of the entity they are conducting business through. But like a partnership, the expenses and income flow directly through to the individual members. LLCs typically enter into an operating agreement, which states how the members relate to each other and how the company is managed. While the offshore limited liability company is liable for its operating debts, the members are NOT liable for any of the LLCs obligations.

The main benefit of an offshore LLC structure is that it provides a layer of legal separation between the owners of the foreign offshore limited liability company, the company itself, and the business it conducts. The offshore LLC can be the "poor mans grantor trust" in that it provides fair asset protection to the person with modest assets to protect but not enough money to justify purchasing an offshore grantor trust which typically costs about $2,000 and $1500 per year after the initial purchase to maintain. But like the offshore grantor trust, the offshore foreign LLC when filed as a disregarded entity using form 8832, will allow profits from the assets it holds to flow onto the 1040 tax return of the U.S. owner. This allows the foreign company to function as a tax minimizer since the tax rate can be lower than that of an international business company ( ibc ).

Another benefit of the foreign offshore LLC over the international business company is that a person or entity can get a court order that allows it to seize the stock certificates of the IBC and thereby the creditor gains control over the assets of the foreign company. But with the foreign offshore limited liability company, if a creditor claims a judgment against a member, they are only entitled to a charging order. The charging order gives the creditor the right to receive distributions from the offshore LLC that the member would have received. But these profits become available only if the other members elect to make the distribution. The charging order does not give the creditor the right to obtain the voting or management rights. So the members can decide not to make a distribution and the charging order remains ineffectual and the member's assets are protected.

For the U.S. person the primary difference between international business companies and foreign offshore LLCs is the way they are treated by the I.R.S. and their subsequent tax exposure for either the shareholders or members. At the end of 1996 the U.S. elected that both domestic and foreign corporations were to be taxed at the rate of 35% and could not elect to be taxed otherwise. In contrast, the sole member of the offshore limited liability company can elect to have the the taxes flow onto their personal tax return when the offshore LLC elects to be a disregarded entity using IRS form 8832. So, if the personal tax rate of the offshore LLC owner is 20% for that year then the owner benefits compared to the IBC tax which is 35%.

The foreign offshore LLC as a stand alone disregarded entity for tax minimization purposes is adequate for the lower capitalized individual who wants to protect their assets and can not justify spending money on a foreign offshore grantor trust. But it is not recommended as an entity by itself for those with a sizable amount of assets. The use of an offshore grantor trust as the majority owner of the offshore LLC will give the added asset protection it needs for those who have a sizable amount of assets in their LLC. This addition of the offshore grantor trust will also allow taxation minimization to be a feature of the structure since a foreign offshore grantor trust allows the settler of the trust to have taxes flow onto their 1040 tax return at a lower rate than an international business corporation is afforded.

The offshore foreign LLC is also much better than a U.S. LLC since there is so much red tape to deal with when opening accounts in the U.S. or abroad using the U.S. LLC. So given the choice between an offshore one or an onshore one it is much better to choose the offshore LLC since the freedom and asset protection gained is much better than could be gained from a Nevada or a New Mexico LLC which are the most popular ones in the U.S. These should be avoided for those who want investment and business freedom.

With a foreign offshore limited liability company you have a lot less hassle and paperwork, but with equal or better protection than an international business company if it is set up correctly. There are no director, treasurer, secretary positions to have to try and figure out and keep track of. You have only managers with a foreign offshore LLC and you can have as many as you want or you can have one sole manager which can be the Sovereign YOU.

With a foreign offshore LLC you do not have to mess around with annual meetings or even do any extra time consuming paperwork which is required of directors of international business companies. Since most people are the only manager, they sovereignly decide what to do WITHOUT the paperwork involved with meetings. There is also an easy "operating agreement" you can change yourself as the manager of the offshore LLC. But with an international business company you need to monkey around with changing the bylaws through the hassle of needing to have a meeting periodically etc.

The offshore LLC is also a great way to manage the assets that you contribute to a charitable foundation. We know of a Panama charitable foundation which will allow you to manage the assets you give to it by setting up a foreign offshore limited liability company and making you advisor or manager of it. The assets you contribute are owned by the foreign offshore LLC which in turn is owned by the charitable foundation and the charitable foundation either pays you an income for your services or it may give you tax free loans from time to time. This is tax freedom and asset protection at its best.

DISCLAIMER and WARNING: We are publishers and we can give no specific legal advice. The information provided on this web site is like a newsletter or a book and is provided for informational purposes only. This article is also protected by international copyright laws and comes under the rules of Ezine Articles. All violators will be dealt with severely.

International Business Organization Development Factors For Consideration

International Business Organization

Export/International business can take on many challenges as it unfolds. Goal should be to construct the company's strategic building blocks, using it's assets to support international opportunities. The outline is formatted from a more basic approach, increasing through stages of complexity. There will be points below that overlap and dovetail. Some corporations may have already touched on many of these points. The examples below are geared toward the food/protein industries. Nevertheless, the concepts are transferable to many others. Below are organizational ideas for consideration:

I. International Business Unit Establishment- Create P&L. A. Budget to encompass 3-5 key trade shows and conferences that support the geographic strategy.

- Restaurant Chain Shows (Subway, McDonalds, etc.)- Important shows that demonstrate a company's willingness to globally expand with the chains.

- Distributor Shows.

- Trade organization conferences. Provide key insights to new emerging markets and trends i.e., USMEF, USDEC, etc.

B. Forecasting- By product category and market to determine business profitability.

C. Expenses- Identify expenses against the business. Be fiscally prudent.

II. Geography- Are the most immediate markets being efficiently addressed by export? Begin with the immediate opportunities i.e., target nearest or import friendly international geographic markets.

A. Canada-

B. Mexico-

C. Caribbean-

D. Domestic Exporters-

III. Export Product Portfolio- Product's export potential? What are the popular US items sold? Using meat products as an example:

A. Pork- More than likely highest export potential.

B. Poultry- Certain drawbacks (Avian viruses), but often has the necessary price points for market entry.

C. Beef- Still questionable into many overseas markets (BSE). Slowly improving.

D. Other- Veal and lamb offer the specialty items often sought in many of the smaller boutique markets i.e., Caribbean. Should be a high margin opportunity?

IV. Utilize and maximize current customer base. Grow internationally with domestic customers.

A. Chains- What chains are currently being serviced (i.e., McDonalds)? What are the int'l springboard applications of those chains?

B. Distributors- GFS,US :: GFS, Canada; Sysco, US :: Sysco, Canada...Sysco, Export C. Schools- Offer products supplied to the US to Puerto Rico. Puerto Rico, Virgin Islands and Guam have same requirements.

D. Retail.

V. Expand Geography- Be first in emerging markets. Chains, trade organizations and trade shows will assist in breaking into new venues.

A. Australia, open to US pork imports. US plants must be Australian approved.

B. Brazil and Argentina- as economies improve, so should pork imports.

C. Middle East- Israel.

D. Asia- SE Asia, Latin America.

VI. Product adaptation-

A. A commitment to international product customization. Overcome import non-tariff barriers through product modification.

B. As point "A" is evaluated, determine volumes and pricing with the customer completing the value proposition.

C. New protein introduction- Growing US Hispanic community looking to satisfy traditional diets i.e., goat. US ranchers begin to emerge from their traditional ranching habits to fill a consumer need. Shift creates new export opportunities.

D. Profit Margin/Revenue Growth- Theoretically, there is no competition for custom production and margins should reflect business value.

VII. Resource utilization-

A. R&D efforts to meet a qualified opportunity. Example, a 51% breaded product can be exported to Canada vs. a product with less than 50% breading.

B. Account Managers- Joint calls on corporate to further support the chains international expansions.

Distributor Managers- Joint calls in evaluating immediate opportunities extending across borders. C. School Managers- Joint calls in US territories to expand and maximize product presence.

VIII. International Partnership Arrangements. Partnering/Joint Ventures with like businesses overseas. Some ideal targets are Japan, Australia, Mexico, China. Key defining terms...product novelty, business profitability, uniqueness, pricing, product demand, market distribution, language understanding, product understanding. If there is a commitment from an overseas manufacturer who understands the product/species, but lacks certain manufacturing capabilities, a partnership should be suggested.

A. Responsibility considerations :

o Raw Material Hedge

o Currency Hedge

o Brokerage Agreement

o Time lines

o Production Capacity

o Legal contract/Export Insurance

B. Partner's Responsibilities:

o Volume Projections

o Co-Pack Agreement

o QA Plant Approval

o End User Presentations

o Stand-by Letter of Credit/Purchasing Contract

o Exclusivity

o Currency Hedge

o Other product opportunities

Notice currency hedge may fall under both and is open for negotiation. It depends on relationship's strength. Many times it should be for the account of the partner. An exception may be made to consummate the deal, or as a long term service insuring a yearly contract renewal.

IX. Licensing- Often used as a barometer in evaluating potential opportunities and minimizing immediate risks.

A. Brand Licensing- What is the true value of a certain brand in an international market? Would be determined by the partner company in that country.

Example. What was the value of the Parkay brand in Canada? Became the second best Canadian margarine brand. Produced by Parmalat in Canada. Brand was licensed by ConAgra US.

B. Technology- Minimizes capital overseas investment, while transferring US production technology.

X. Mergers and Acquisitions- Up to this point a corporation may be supplying and evaluating their export potential. Simultaneously, it should be considering the business worthiness of certain key markets. Ultimately, it may consider investment in those markets.

A. Partnership/JV company may be ripe for buy-out.

B. Margin potential internationally warrants an acquisition for corporate diversification purposes. C. Many similarities i.e., language, business culture, profitability, increased product demand from growing middle class, business supporting political environment.

D. Overcome stringent food import barriers i.e., EEC. Example- Companies have improved international exposure, opening manufacturing plants within the EEC. An example has been the recent purchase of Sara Lee European brands by Smithfield.

XI. Summary- These idea compilations are based on 20 years of international business experiences with four major corporations and an MA in International Business. No one size fits all. The outline can be used to build new profitable opportunities that may not otherwise have been realized or fully exploited.

International Business Degree Schools Online

Online schooling options are available to students looking to obtain a degree in international business. There are numerous schools and colleges that offer online degree training in the field of business. Students can prepare for the career of their dreams by enrolling in a number of programs. Online schools and colleges allow students to train for careers working in international finance, management, marketing, sales, importing and exporting, and more. Student may study coursework such as foreign culture, economics, imports and exports, tax, and much more depending on the chosen level of degree and specialization. Online degrees in international business can include an associate's, bachelors, masters, and doctorate degree.

Associates degree programs are available from numerous online schools and colleges. Students can obtain an associates degree in international business in as little as two years depending on the specific area of concentration they choose. Coursework may consist of studying international trade, macroeconomics, global markets, international marketing, and other related courses. Students who wish to enroll in an accredited online program can train for careers with banks, multinational manufacturers, import/export corporations, consulting firms, and other international organizations. With an accredited associates degree students will have the skills and knowledge to pursue a bachelor's degree in the field.

There are a number of accredited online educational programs that allow students to train for numerous careers in international business. An online bachelor's degree program will take students approximately four years to complete. Course curriculum will vary depending on the specialization chosen by the students but may include the study of economics, principals of marketing, foreign language, international business finance, cross cultural studies, and much more. Students who wish to pursue international careers such as management analyst, sales representative, auditor, and accountant, should consider a bachelors degree. Those who wish to further their education can consider online degree training for a master's degree in international business.

Online schools and colleges allow students to enroll in masters degree programs in the area of international business. Online degrees at this level typically take students two additional years to obtain. Students can choose to specialize in a specific area including international trade, tax, management, and much more. Areas of study may include international business policy, trade controls, international finance, foreign operations, and more depending on the chosen specialty. With an accredited masters degree students can pursue careers as international marketing directors, multinational managers, international trade managers, financial controllers, and international foreign policy advisors. A degree at this level of education will allow student to enter the workforce or enroll in a doctorate program.

A doctorate degree in international business will allow students to earn their degree with an additional two years of study. Online educational programs train students in a number of subjects to ensure they receive the knowledge and skills to pursue the career they desire. Coursework may include theory of international business, research design, marketing, communications, multi-national enterprise, and much more. With an accredited online education students will obtain the necessary training to find employment as economic researchers, university professors, business development managers, chief executive officers, and other professionals. A doctorate degree is the highest level of degree obtainable in the field of international business.

Students looking to train for the career of their dreams with an accredited online school or college can obtain the degree they desire from just about anywhere. Online international business educational programs allow students to train in a number of specialty areas to ensure they receive the career they desire. By researching programs and requesting information students can be on their way to an exciting new career.

DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.

Go Global With International Business

With the development of an integrated global economy, marked by free trade and free flow of capital, now is the time to pursue a cutting-edge international business career.

Around the World

In case you hadn't noticed, U.S. firms are expanding abroad. This requires organizations to form effective strategies for entering the international business market. They need to be aware of legal matters pertaining to specific countries, and they need to be concerned with organizational and administrative issues, especially if they are involved in a partnership with a foreign firm. As international business markets become more competitive, U.S. firms are learning to use resources more efficiently by reducing costs, streamlining operations, and developing marketing strategies. That's why today's professionals need comprehensive knowledge of international business as well as foreign cultures and languages. Globalization has increased the need for international business workers with these specialized skills to manage multicultural and multinational workforces effectively.

"Distance" Learning

An international business degree will provide you with the training you need to manage an international business and to succeed in our global economy. With an international business degree, you'll be equipped with a global focus across different functional areas of business. You'll learn theories of international protocol and how they continually change. You'll learn to recognize global differences and apply sensitivity to cultural diversity issues in communications, management, marketing, and the legal aspects of global business operations in your international business career. You'll explore the differences among various economic development levels, as well as the new economic groups forming in Europe and Asia.

International degree program coursework may include international marketing, export/import practices, globalization, international trade, financial management, business planning, economic development, international law, international business policy, international culture, foreign languages, overseas business practices, foreign market analysis, foreign operations, sourcing, communications and negotiations, critical thinking processes, ethical codes of conduct for global business leaders, marketing strategies, and management practices and processes.

The Real World

With an international business degree, you can work as a business strategy consultant, managing consultant, account manager, project manager, business developer, distribution manager, director of international affairs, finance advisor, foreign market analyst, or management analyst, to name a few.

Management analysts, for example, held about 605,000 jobs in 2004, according to the U.S. Bureau of Labor Statistics. Employment of these international business career professionals is expected to grow faster than the average for all occupations through 2014. And, median annual earnings of management analysts were $63,450 in May 2004, with the highest 10 percent earning more than $120,220.

Be part of the international business explosion by earning your international business degree today.

The Advantages of MBA International Business Management Online

Advancements in the fields of communication and technology, as well as international travel, have shrunk this planet substantially. These developments have created many potential business opportunities for companies around the globe. The opening of nations' economy and lowering of international trade tariffs has increased the volume of world-wide business substantially. Therefore, a degree in international business is a wise move for career growth.

Career in Global business navigates through complex global economic landscapes. In an online MBA program specializing in international business, international finances, accounting, management, business policies, and marketing strategies will be covered. Earning an MBA makes you more competitive in the job market, with the potential for high-level promotion.

This Online MBA prepares potential students for business climates around the world. Some Online MBA International Business degree programs can be completed in just months. Gaining this MBA Business degree program prepares students for professions in the global arena, focusing on the challenges that confront international and global markets.

This MBA will address such subjects as analysis of international trade and finance, global marketing strategies, management practices in the international market places, which further enhance studies for a well-rounded MBA in Intl. Business degree. Students acquiring this MBA Degree will be prepared as professionals with opportunities in many professions, such as international sales, global distribution, international management, and international trade. Some of these MBA can be obtained through distance learning offered by reputable university/college.

Online PhD Business Administration master degree programs are also available. Coursework focuses on issues of shifting outlooks for international business, international trade and business, international finance, international economics, as well as other considerations relating to Multi-region international business beyond the United States of America: Singapore, India, China, Japan.

Global business is integral to the success and sustainability of many companies across the nation. As such, it's imperative that these companies hire candidates with massive international business expertise. The job outlook for careers in international business is highly positive as the global interaction between multi-national companies continues to increase.

If you've always had excellent communication skills, have great desire to learn more about other cultures, are business-minded, consider how online universities can help you achieve your MBA degree.

International Business Management