What are the alternative forms of international Business | The ...

What are the alternative forms of international Business

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When a company conducts international business, it should choose from the different operations forms, or means of conducting the business. in making its choice, a company should consider its objectives, resources and the environments in which it will operate.

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The first three categories:

1. Merchandise export and imports.:

Merchandise exports should include general merchandise, goods exported for processing, repairs on moveable goods owned by non-residents such as ships, aircraft etc., goods procured in ports (goods sold to non-resident carriers ? ships, aircraft etc.), and non-monetary gold. (Repairs on goods are valued at the prices ? the fees paid for the repairs and not the gross value of the goods.) Merchandise exports should be valued free on board (f.o.b.) at the frontier of the exporting country (IMF, Balance of Payments Manual, chapter X).

2. Service export and imports.:

Import and export services support and simplify your international commercial goods purchases and sales. Our range of services can streamline document exchange, reduce payment or collection risks, and facilitate your financial transactions almost anywhere in the world.

3. Investment correspond closely to the categories in which countries keep record in balance of payments accounts, which show their aggregate international transactions.

alternative forms of international Business

The last two categories:

1. Strategic alliance.:

Alliance Program Excellence?and?Innovative Alliance Practice?honors for the reorganization of its Global Alliances & Channels Division, which saw the consolidation of all SAS alliance relationships under one alliance executive.

2. Multinational Enterprise cover other commonly used terms for international business activities that may involve using any of the means in the first three categories.

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Source: http://icmab.net/what-are-the-alternative-forms-of-international-business/

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