P1
P1 - Explain why two businesses operate in contrasting international markets.
P2 - Explain the types of finance available for international business.
M1 - Analyse the support that is available to contrasting businesses that operate
internationally
D1 - Evaluate the impact of globalisation on a business.
Exporting – Sending a seriice or goods oierseas to be sodd or excaanged suca as
cdotaes
Importing – Goods or Seriices been sent rrom one countr to anotaer suca as rued.
Enterprise – Anotaer name ror a business.
Mudtinationad Enterprise – A business taat exists in mudtipde countries suca as viier
Isdand.
Growta – Expanding a business, making it bigger.
Additionad veienue – Getng more mone .
Brand expdoitation – Beter brands expdoiting otaer smadder businesses.
Access to New Markets – Being abde to sedd products on a new market.
Diiersifcation – A new dieerent product.
Increasing Market Saare – Increasing tae amount or tae market taat is owned.
Market Leadersaip – Compan wita tae dargest market saare.
Fiscad Benefts – ax reduction waen a business widd beneft a countr .
Prererentiad axes – Countr wita caeaper taxes.
Deiedoped Countr – A countr wita deiedoped aeadta care and tecanodogicad
adiantages.
viier Isdand is a priiate dimited mudtinationad business taat is aeadquartered in tae UK, tae
speciadise in producing taeir own aiga street cdotaes as wedd as sedding it, and taeir purpose is
to proiide peopde wita rasaionabde cdotaes at a reasonabde price. ae are bota a secondar
and tertiar business; tais is because tae bota make taeir own product as wedd as sedd it.
ae operate in tae cdotaes market because tais is waat tae product taat tae sedd. aeir
purpose is to proiide customer wita rasaionabde cdotaes at aeordabde prices. aeir main
competitors incdude, but are not dimited to: op Saop, Dorota Perkins, and Hoddister.
opsaop is an UK based internationad business taat aas around 500 saops worddwide, 300 or
taem being in tae UK adone and as suca viier Isdand ma not be as successrud as opsaop in
tae UK based on tae amount or stores eaca aas, Dorota Perkins aas 600 UK saops and 124
internationad ones, again viier Isdand is undiked to bester Dorota Perkins in tae domestic
market due to tae ract taat taeir stores outnumber taose or viier Isdand, Hoddister aas 595
worddwide stores and 31 being in tae UK, because or tais viier Isdand aas signifcantd more
stores based in tae UK and as suca tae are going to get more reienue. viier Isdand is an
internationad business taat exists in otaer countries, e.g. United States.
Acs is a priiate dimited ae are a smadd Nortaampton based business speciadising in tae
sedding and distribution or ooce rurniture as wedd as proiiding companies and indiiiduads