Unit 5: International Business (International)

Learning Aim A: Examine the Influences on the Growth of Globalisation

BTEC Business Studies Unit 5: International Business

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A1 International Business
A1 Globalisation
A2 Reasons for Conducting Business Internationally
A2 Characteristics of Markets
A2 Advantages and Disadvantages of International Markets
A2 Choice of Markets
A2 Organisations Involved in International Trade
Unit 5A Glossary

Learning Aim B: Explore the Structure of the Global Economy

BTEC Business Studies Unit 5: International Business

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B1 The World Trade Organisation
B1 Customs Unions and Common Markets
B1 Free Trade Areas
B2 Methods of Financing International Trade
B2 Agencies that Support International Business
B2 Government support for international businesses
B3 Barriers to International Trade
B4 Exchange rates
Unit 5B Glossary

Learning Aim C: Examine Strategic and Operational Approaches to Developing International Business

BTEC Business Studies Unit 5: International Business

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C1 SWOT Analysis
C1 Strategic aims and objectives of international businesses at different stages in their development
C1 Strategies for operating internationally
C2 External Influences
C3 Factors to take into account when implementing an international business strategy
C3 Re-engineering products and services to meet the demands and preferences of international markets
Unit 5C Glossary