Gambaran Bisnis Internasional | BISNIS INTERNASIONAL

Summary

This video explores the fundamentals of international business, highlighting the differences between domestic and international business, such as cross-border activities, legal, political, and cultural challenges, and the complexities of currency exchange. It explains the importance of studying international business due to globalization, market expansion, and technology development. Key topics include multinational, global, and transnational companies, market and production globalization, and the obstacles in international business. The video also discusses various trade agreements, risks, and opportunities in entering foreign markets, emphasizing the balance between pro-globalization and anti-globalization views.

Takeaways

• 😀 International business involves activities that cross national borders, unlike domestic business, which operates within a country's territory.
• 😀 International business is more complex due to diverse political, legal, cultural, and technological environments across countries.
• 😀 Globalization has created opportunities for businesses to expand across borders, influencing both multinational companies and global markets.
• 😀 Understanding international business is essential due to the increasing influence of globalization, limited resources, and the need for technological advancements.
• 😀 Multinational companies achieve economies of scale by integrating operations globally, benefiting from cost reductions with increasing production.
• 😀 International business allows companies to diversify risks, expand customer bases, and reduce dependency on a single market.
• 😀 Market globalization unifies previously separate markets, creating one large global marketplace by removing trade barriers.
• 😀 Production globalization focuses on sourcing goods and services from various locations worldwide to take advantage of cost differences.
• 😀 Common barriers to international business include trade restrictions, cultural and language differences, legal challenges, and high transportation costs.
• 😀 Regional free trade zones, like NAFTA, the EU, and ASEAN, create opportunities for easier international business by removing trade barriers among member countries.

Q & A

What distinguishes international business from domestic business?

International business involves activities that cross national borders, while domestic business is conducted within a single country's territory.

What are some characteristics that make international business more complicated than domestic business?

International business faces challenges such as dealing with different country characteristics, complex legal, political, cultural, and social environments, currency exchanges, and varied resource availability.

Why is studying international business important?

It is crucial because international organizations are influenced by globalization, countries have limited resources, and businesses must keep up with competitors and technological developments.

What are multinational, global, international, and transnational companies?

These companies operate in more than one country to achieve economies of scale, access human resources, and utilize technology. They also have significant global reach and can benefit from cost efficiencies and large-scale production.

What is globalization, and what are its two types?

Globalization refers to the integration and interdependence of the world economy. The two types are market globalization, which unifies previously separate markets, and globalization of production, which sources goods and services from multiple locations globally.

What are some factors influencing globalization?

Key factors include political unification, technological advancements, market costs, and competition, which enable greater global integration and trade opportunities.

What are the main obstacles countries face when engaging in international business?

Obstacles include trade restrictions, cultural and language differences, political and legal challenges, and transportation costs.

What are the pull factors for countries to engage in international business?

Pull factors include higher profit opportunities, access to a broader customer base, reducing dependence on one market, and responding to customers moving abroad.

What are the risks associated with international business?

Risks include not understanding customer preferences in foreign markets, cultural differences, unfamiliarity with local regulations, and lacking adequate human resources.

How do regional free trade zones impact international business?

Regional free trade zones like the EU, NAFTA, and ASEAN Free Trade Area create opportunities for businesses to evaluate and access potential markets by reducing trade barriers between member countries.