BTEC Level 3 National Diploma in Business Unit 5
Edexcel BTEC Level 3 National Diploma
In Business
Unit 5 – International Business
Assignment 2
Learning Aim C and D
External Factors and Cultural Differences
1
, BTEC Level 3 National Diploma in Business Unit 5
Contents
Introduction........................................................................................................................................................................ 3
Introduction to William King...........................................................................................................................................3
External factors William king needs to consider.................................................................................................................3
Trading internationally (influence of the internet).............................................................................................................4
International payment methods.........................................................................................................................................5
Conducting an analysis of William Kings external business environment...........................................................................5
Investing Cultural Factors...................................................................................................................................................7
Cultural Factors relevant to India........................................................................................................................................8
Cultural factors relevant to China.....................................................................................................................................10
2
Edexcel BTEC Level 3 National Diploma
In Business
Unit 5 – International Business
Assignment 2
Learning Aim C and D
External Factors and Cultural Differences
1
, BTEC Level 3 National Diploma in Business Unit 5
Contents
Introduction........................................................................................................................................................................ 3
Introduction to William King...........................................................................................................................................3
External factors William king needs to consider.................................................................................................................3
Trading internationally (influence of the internet).............................................................................................................4
International payment methods.........................................................................................................................................5
Conducting an analysis of William Kings external business environment...........................................................................5
Investing Cultural Factors...................................................................................................................................................7
Cultural Factors relevant to India........................................................................................................................................8
Cultural factors relevant to China.....................................................................................................................................10
2
