Unit 5 International Business

business level 3- unit 5 international business- assignment 1

*Certified Distinction Grade Work* Contains and covers all aspect of Unit 5 International Business Learning Aim A,B,C,D, and E with the highest quality: Contains every, pass merit and distinction tasks: p1,p2,p3,p4,p5,p6,p7,p8,m1,m2,m3,m4,m5,d1,d2,d3,d4 International businesses play a crucial role in shaping the global economy. Their operations extend beyond national borders, allowing them to tap into new markets, access resources, and drive economic growth. This document aims to explore the va...

This document is intended for students studying the BTEC Level 3 Extended Diploma and need help on their assignments in unit 5 - International Business. The grade received on this essay was D and students may use this to help with the structure and for notes.

Unit 5 - International Business Assignment 3 Business chosen for essay: McDonald's. (P8) How products and processes must be adapted for international markets. (M5) Analyse the effectiveness of the strategies and resources used by McDonald’s. (D4) Evaluate the success of the strategies and resources used by McDonald’s in one of its markets.

*Certified High Graded Work*- Unit 5 P1 International Businesses: Learning aim A: Explore the international context for business operations A1 International business • Types of business activity: o exporting businesses o importing businesses o multinational enterprises o associated businesses, e.g. logistics and marketing. • The reasons for conducting business internationally: growth, additional revenue streams, brand exploitation, access to new markets, diversification, increasing market ...

*Certified High Graded Work* Unit 5 International Business: M2 - Analyse the barriers of operating internationally for two contrasting businesses. B3 Barriers to international business • The reasons for protectionism in international markets, e.g. to protect infant industries, to protect employment/local business. • Methods for protecting markets, e.g. tariffs, customs duties, currency restrictions, quotas, subsidies, legal restrictions. • Barriers to trade, e.g. trade restrictions, ...

*Certified High Graded Work* Learning aim E: Examine the strategic and operational approaches to developing international trade E1 Strategies for operating internationally • Strategies for operating internationally, e.g. subsidiary businesses, joint ventures, partnerships, agencies, licensing, franchising, sub-contracting and outsourcing. • Reasons for using selected strategy, e.g. the speed of establishing operations, access to local business knowledge and expertise, cost control, risk c...

*Certified High Graded Work* Unit 5 International Business: M5 - Analyse the effectiveness of the strategies and resources used by a selected international business btec business level 3 national diploma

*Distinction Graded* Unit 5 International Business: D4 - Evaluate the success of the strategies and resources used by a selected international business in one of its markets

*Distinction Graded* Unit 5 International Business: D3 - Evaluate the impact of cultural differences on international business * BTEC Business level 3 National Diploma