EDEXCEL BTEC Business Level 3 Unit 5 International Business COMPLETE LEARNING AIM E POWERPOINT

This is a 45-slide PowerPoint which covers the entire LEARNING AIM E 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:

The presentation covers various strategies for businesses to operate internationally, including:

Subsidiary Businesses: Owning a subsidiary in another country can diversify risk, reduce tax liabilities, and employ a local workforce with necessary skills.
Joint Ventures: Businesses can combine expertise and utilize local knowledge, sharing risks and securing outlets for products.
Partnerships: Forming alliances with foreign businesses provides market access and expertise without divulging too much operational information.
Agencies: Professional businesses with local market understanding can help establish a foothold and provide local contacts and labour.
Licensing: Allowing a third party to sell goods or services abroad, often linked to exclusivity deals, provides a stream of income with minimal costs.
Franchising: Giving another business permission to trade using the franchisor’s name and products, which is less risky but may involve additional costs and loss of independence.
Sub-contracting: Providing specific work to a foreign party on an ad hoc basis, allowing flexibility and cost control.
Outsourcing: Contracting out production to a foreign business over time, which can improve product quality and match supply to demand.
Reasons for Targeting International Markets

The presentation also discusses reasons for targeting, operating in, and trading with international markets, such as low costs, increased wealth, shared expertise, new markets, risk spreading, government incentives, tax advantages, specialist skills, and proximity to raw materials and markets.

Re-engineering Products and Services

Businesses may need to re-engineer products and services to meet international market demands and preferences, which can be expensive but necessary, especially if required by law.

Resource Considerations

The presentation highlights various resource considerations, including capital costs, revenue costs, expertise and intellectual capital, training costs for local labour, and the organizational structure of international businesses.

**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!**