International Business Essay -- International Business Management

International Business Question No 1: Describe the four basic levels of international business activity.Do you think any organization will achieve the fourth level?Why or why not. Question No 2: For each of the four globalization strategies, describe the risks associated with that strategy and the potential returns from that strategy. __________________________________ Answer for question No 1: The four general levels of international buisness activity are: 1.  Ã‚  Ã‚  Ã‚  Ã‚  Domestic business 2.  Ã‚  Ã‚  Ã‚  Ã‚  International business 3.  Ã‚  Ã‚  Ã‚  Ã‚  Multinational business 4.  Ã‚  Ã‚  Ã‚  Ã‚  Global business. Domestic Business: Is the one that acquires all of its resources and sells all of its products ot services within a single country.(8/143) Interational business: Is the one that is based primarily in a single country but acquires some meaningful share of its resources or revenues (ot both) from othe countries. (8/143) Multinational business: The one that has a worldwide marketplace from which it buys raw mateials, borrows money, and manufactures its products and to which it subsequently sells its prducts.(8/143) Global business: Is the business that transcends national boundaries and is not committed to a single home country.(8/143) In my opinion there is no opportunity for a business to achieve this level of Iinternationalization.The reason is that all business in all over the world are controled by the government which are committed.There is no way for a business ...