This is a 45-slide PowerPoint which covers the entire LEARNING AIM A of Unit 5 - INTERNATIONAL BUSINESS.
There are 5 Learning Aims in total and they are covered in 5 separate PowerPoints, making it easier to put together a teaching programme for the whole Unit.
**Teachers will be required to do no other work. These PowerPoints include questions and activities as well as videos and they have been written by a BTEC Moderator and used with hundreds of students across the years.
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There is about 240 minutes worth of teaching in this PowerPoint.
This is a summary of the PowerPoint:
- Types of business activity: Exporting businesses, importing businesses, multinational enterprises, and associated businesses like logistics and marketing.
- Reasons for conducting business internationally: Growth, additional revenue streams, brand exploitation, access to new markets, diversification, increasing market share, market leadership, technological dominance, comparative advantage, economies of scale, fiscal benefits, and preferential tax rates.
- Choice of Markets
- Types of markets: Developed economies, emerging markets, and less developed economies.
- Factors influencing market choice: Type of product, costs, and size of the market.
- Exports and Imports
- Exports: Selling goods and services to other countries.
- Imports: Buying goods and services from other countries.
- Multinational Enterprises
- Characteristics: Dominant players, complex structures, grown through organic and inorganic growth, heavy investment in R&D, globally recognized brands.
- Reasons for existence: Economies of scale, growth, dominance, global brand recognition, avoiding protectionist measures, reducing transport costs, benefiting from cheaper labor, tax differences, producing close to materials or market, spreading risk.
- Associated Businesses
- Types: Logistics, marketing, human resources, finance.
- Financing International Business
- Methods: Prepayment by the importer, letters of credit, export credits, bank loans.
- Support for International Business
- Agencies: UK Export Finance, UK Trade and Investment, Chambers of Commerce, regional advisory organizations.
- Types of support: UK Export Finance Advisors, trade fairs, identifying international partners, grants for international promotions.
**Please look out for the other PowerPoints which cover the whole of Unit 5.
Discounted bundle: buy all PowerPoints and get a discounted rate of 33% off!**
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