International Administration
It is the in-depth understanding of business operations that aim to promote innovation, competitiveness and international projection of organizations from different economic sectors
INTERNATIONAL FRANCHISING
International franchises is an effective strategy to have a greater positioning in the global market having the opportunity to expand the brand and improve sales
FOREING DIRECT INVESTMENT
Foreign direct investment (FDI) is a substantial and lasting investment made by a company or government in a foreign company
Tipos
A company establishes the same type of business operation in a foreign country operating in its home country.
Example: A US-based cell phone provider buying a chain of phone stores in China *** Xiaomy ***
Vertical FDI
A company acquires a complementary business in another country.
Example: A US manufacturer could acquire a stake in a foreign company that supplies the raw materials it needs. *** Icex *** : textile manufacturer with various partners of clothing designers
Conglomerate FDI
A company invests in a foreign business that is not related to its core business.
Example: *** BlackRock *** person or company that has several investments in different businesses
OUTSOURCING
Outsourcing consists of an organization hiring a specialized external firm to take care of one or more activities within its own business process, it can also be about people
Example:*** Geo International *** is an export company that allows entrepreneurs to use external resources and entrust external entities with specialized processes in the field of foreign trade
COUNTERTRADE
Countertrade means exchanging goods or services which are paid for, in whole or in part, with other goods or services, rather than with money. A monetary valuation can however be used in countertrade for accounting purposes. In dealings between sovereign states, the term bilateral trade is used
Example: *** BANCOMEXT *** It is a bank where the forms of exchange include barter, repurchase or compensation, counter purchase, shared or compensated requirements, exchange, exchange, evidence accounts or compensation.
OFFSHORING
A company performs the offshoring of part of its processes to another country. It can be the production unit, the IT area, accounting, finance, customer service, etc. "In general it is conceived as when you provide a service from distant locations"
Example: *** Association of Bavarian Physicians *** which has more than 22,000 members and provides medical care to some 12 million people, also decided in January 2009 to subcontract to another company for the operation of SAP applications