Ruang Lingkup Bisnis Internasional

Summary

This video discusses international financial management and the impact of globalization on business and the economy. It covers key factors such as economic, political, social, technological, and environmental aspects that influence global markets. The speaker emphasizes the significance of global cooperation, the role of currency exchange rates, geopolitical influences, and the effects of technology and culture on business dynamics. Furthermore, the impact of environmental changes, resources, and climate policies on global business strategies is explored. The discussion aims to highlight how these factors shape the global economy and influence business strategies, particularly in the context of international trade and investment.

Takeaways

• 😀 Global business environments are influenced by various factors including economics, politics, society, technology, and the environment.
• 😀 Globalization is not only a cultural phenomenon but also an economic one, where the economic activities of one country can affect another.
• 😀 Currency fluctuations, such as the strength of the U.S. dollar, are heavily impacted by global political and economic interactions, such as alliances between countries like Russia and China.
• 😀 Interest rates in different countries are influenced by factors like national debt and inflation, affecting the overall economic climate.
• 😀 Government fiscal and monetary policies, as well as international political conflicts (e.g., Russia-Ukraine war), play crucial roles in shaping global finance and business.
• 😀 Social and cultural factors, including norms, ethics, and language, have a significant impact on international trade and consumer behavior.
• 😀 Technological advancements, including the rise of AI and digital communications, have revolutionized global trade, making it more efficient and widespread.
• 😀 Countries, especially emerging economies like Indonesia, must develop and adopt advanced technologies to stay competitive in the global market.
• 😀 Environmental factors, such as climate change and resource availability, directly impact global business strategies and the sustainability of companies.
• 😀 Global business strategies must consider the interconnectedness of various factors to remain effective and adaptable in a rapidly changing world.

Q & A

What are the two main topics discussed in the session?

The two main topics discussed in the session are International Financial Management and a consultation on financial topics, including thesis ideas.

What factors contribute to the global business environment?

The factors that contribute to the global business environment include economic, political, social, technological, and environmental factors.

How does globalization impact economies on a global scale?

Globalization affects economies by influencing exchange rates, trade, investments, and technological advancements, as countries become more interconnected and interdependent.

Why does the value of currency differ across countries?

Currency values differ across countries due to various factors, including the country's economic conditions, inflation rates, interest rates, and international trade relationships.

How do political factors, like conflicts, influence global business?

Political factors, such as international conflicts or changes in government, can disrupt business operations, alter trade dynamics, and shift investor confidence, impacting the global economy.

What is the significance of China and Russia in the context of global financial markets?

China and Russia influence global financial markets through their economic strategies, such as trade dominance, currency usage, and geopolitical influence, which can challenge the U.S. dollar's global dominance.

How does technology affect global trade and business?

Technology, including digital communication, the internet, and advancements in manufacturing, makes global trade more efficient, reduces costs, and allows businesses to reach international markets more effectively.

What role do social and cultural factors play in global business?

Social and cultural factors impact global business by shaping consumer preferences, business norms, and trade relationships. Businesses need to understand and respect cultural differences to succeed internationally.

How does environmental change affect global business operations?

Environmental changes, such as climate change and resource depletion, can disrupt supply chains, alter production methods, and create new challenges for businesses, prompting them to adapt their strategies.

What is the role of fiscal policies in managing a country's economic health?

Fiscal policies, including government spending and taxation, influence a country's economic stability. They can affect inflation, currency values, and overall economic growth, which, in turn, impacts international business.