Concept and Types of Consumer

Consumers are the basic economic entities of an economy. All the consumers consume goods and services directly and indirectly to maximize satisfaction and utility. Consumers …

Need for Consumer Protection

Consumer protection was not necessary when the world was younger and communities smaller. In the lifestyle of those times unfair trade was almost impossible. The …

Concept of Consumers Sovereignty

One of the important characteristics of capitalism is the existence of economic freedom, which implies not only freedom of enterprise but also consumer sovereignty. After …

Basic Techniques of Risk Management in International Business

Comprehensive business risk management is a multi-stage process that will vary depending on the needs and requirements of each individual enterprise. The first stage is …

Foreign Channel and Logistics Decision

International companies either sell directly or indirectly. Indirect selling takes place through domestic agent/domestic merchants. This is a long channel involving a number of marketing …

Factors of Country Evaluation and Selection

Country Evaluation and Selection: Tool #1 Trade Analysis and Analogy Methods: Trade analysis and country analogy methods are widely used for country evaluation by estimating …

Decision Concerning Foreign Direct and Portfolio

Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) are the two important forms of foreign capital. The real difference between the two is that …

Risk in International Business

Risk happens on account of uncertainty about happening of an event like loss, damage, variations in foreign exchange rates, interest rate variations, etc. Every business …

Motives for International Business

1. INCREASE SALES AND PROFITS If your business is succeeding in your domestic market, expanding globally will likely improve overall revenue. Economic growth rates in Europe, USA …

Barriers to International Business

Firms desiring to enter international business face several obstacles; some are much more severe than others. The most common barriers to effective business are cultural, …

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