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Do You Have An International Business Development Plan

Whether sketched out, formally written down or informally done at a meeting, planning is always behind most export success stories. An international business development plan is always an important tool for properly evaluating and analyzing factors that would affect the companys ability to go international.

An international business development plan in exporting should define the companys commitment to international trade, export pricing strategy, reason for exporting, potential export markets and customers, export financing alternatives, legal requirements, methods of foreign market entry, transportation method, and overseas partnership and foreign investment capabilities.

Knowing your companys present status, commitment and internal goals through the creation of an international business development plan is very essential, and is also required if planning to seek export financing assistance. Plan prepared ahead of time in making an export loan request from banks, saves time and money. The plan should also include specific objective, timetable for implementation, and highlights to measure success.

The main purpose of the international business development plan is to ready your business to enter the international marketplace. Certain guides will direct you through the process of exporting your product to an international market. Here are some guides to help you with creating your international business development plan for exporting:

Product or Services
Choosing the right product to offer internationally is very important. To recognize products with export potential needs careful consideration on products that are profitably distributed in the domestic market. It has to fill a target need for the customer in export markets according to market demand, value to customer or country, and to price.

The planning stage enables you to look at your future business operations and foresee possible things to happen. It is important that the planning comes from you and not from somebody else; it must reflect your ideas and efforts. It is the best way to prepare you for the future and makes you well-informed about your business.

Goal Setting
This step is very important in planning your entry into the global market, and shaping your business goals can be quite exciting and challenging. You need to identify your short-term and long-term goals for your business.

Industry Analysis
Knowing and determining your business growth in the next three years is very essential. Talking to people in the same business, researching, and attending trade fairs and seminars will be very helpful.

Market factor Assessment
Analyzing and assessing certain market factors is another important step. Market factors include demographic/physical environment, political environment, economic environment, social cultural environment, market access, product potential, and local distribution and production.

Marketing Strategy
The chosen marketing strategy is very important in international sales, as it will involve what the market requires and how much risk youre willing to take. Pricing strategy also considers value added services in bringing the product to the international market.

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Thinking About International Business Consulting?

Businesses today are becoming more and more complex. As a direct result, international firms and enterprises are faced with a new set of challenges every single day.

To help them remain competitive amid these changes, many firms rely on analysts whose job it is to analyze an organizations structure, efficiency, or profits.

In private industry, an international business consulting analyst is simply called a management consultant. Besides analyzing the problem-ridden organizational structure of a business, the analyst will also propose ways to improve these weak spots.

For instance, your company may be small but it is rapidly growing and you need help improving your methods of managing and controlling inventories as well as expenses. An international business consulting analyst who has expertise in just-in-time inventory management would be the professional to hire.

How about if your company is a large one and you are in the process of creating a new division? You may still need to hire a business consulting analyst who will help reorganize the corporate structure and eliminate duplicate or nonessential jobs.

An international business analyst may be working independent of any management consulting firm. And even management consulting firms may range in size from single practitioners to large international organizations that cater to an international market.

Some analysts may specialize in specific fields of industry while others take a more general approach. So you may end up hiring an analyst who will handle health care or telecommunications and a different one who will be responsible for human resources, marketing, logistics, or information systems.

The Work Process

Once an international business consulting analyst is contracted for his or her services, the first thing he or she does is to define first the nature and extent of the problem. This is the initial phase of an international business consulting analysts job where they are required to analyze relevant data, including annual revenues, employment, or expenditures.

They may also need to interview managers and employees as well as observe the different operations in the specific area of business.

After identifying the problem, the international business consulting analyst will then come up with sound proposals and solutions to address the problem. To prepare these solutions, the international business consulting analyst takes into account the nature of the organization, its relationship with peers in the industry, and its internal organization and structure. Often, an international business consulting analyst will gain insight into the problem by building and solving mathematical models.

Afterwards, the analyst will report his or her findings as well as recommendations to the client. Generally, these recommendations are submitted in writing but some international business consulting analysts may make oral presentations, depending on client preference.

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Cultural Differences And International Business Communication

In the international scene, knowing and identifying cultural differences can make a big difference between successful business negotiations and mortifying rejections. International business communication plays a major role in this, as knowing how to communicate through their point of view is a great advantage.

Each country has their own way of saying things, what may not be offending to you may be offending to them. International business communication is all about knowing the important thing that lies behind peoples words in the international arena.

International business communication is communicating across cultures and the first thing you must always put in mind is the basic understanding that one size doesnt fit all. Always putting in mind that the cultural practices or habits you have does not mean that everyone else around the globe does. As they say, When in Rome, do as the Romans do.

The most important and worrying variables in the international scene of business are the cultural differences that most international business executives fail to comprehend resulting in most international business slip-ups. The failure to identify and adapt to these differences through effective international business communication can mean the difference between a closed deal and a faceless failure. Assuming cultures affect the way people communicate with each other and language above all else, is the core of culture.

Culture is the different ways in which people behave, act, or think towards themselves, families, and other people in the society. It includes customs connected with social, political, family, and religious values. Different cultures have deviating values for time and its use, for personal space, and for family values and chats. These differences must be identified and recognized to bridge the gaps between cultures and for real communication to take place.

Some of the effective international business communication guidelines that may help you swing that deal are:

Listening with an open mind
Communicating across cultures is all about putting aside personal feelings and listening deeply to the person talking. Develop your listening skills and learn how to hold your tongue. Knowing your own culture and the others culture as well will give you a better chance of bridging the differences. Keeping an open mind and sensitivity to these differences is a key factor for better communication.

Non-verbal and Verbal behavior
Every language had their own linguistic preferences, and these preferences will give clues about those particular cultures behavior, manners, and thinking. The English use modesty and understatement, and are sometimes purposely unclear to avoid confrontation and very polite. Eloquence, expressiveness, and flowery of words are most common among Italians and Spaniards, Germans on the other hand are very logical in manner. Knowing what people mean when they say yes is very important; it may mean yes, I understand but not yes, I agree.

Gestures involves sensitivity and awareness, as gestures that are not offending to you might be very offending to the other, as in the case of beckoning someone to come over, some would hold out their hand with the palm up and then move the fingers gesturing the person to come. In Asian culture however, this gesture is considered rude. To gesture someone to come in Asian culture should be done with the palm facing down and then rolling the fingers.

Learning effective international business communication is communicating across cultures, and it takes great sensitivity and awareness by studying cultures and becoming more perceptive and adaptable in communication efforts.

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ESSEC Business School introduces International Business School programs for all students

ESSEC Business School is proud to introduce its International Business School programs for all students. ESSEC Business School was the first business school outside of North America to be accredited by the AACSB and is known as one of the leading business schools in the world.

The school is located in France, Singapore, Morocco, and Mauritius. It offers a broad variety of specialized master’s degree programs (Global MBA and executive MBAs) in fields like Management or Finance. It also offers Ph.D. and bachelor’s programs. ESSEC offers a unique pedagogical approach. This approach is founded on the creation and dissemination of cutting- edge knowledge, a blend of academic learning and practical experience, and a multicultural openness and dialogue.


MSc in Management:
2/3 of your courses are chosen by you. Flexibility is at the heart of the curriculum and lets you design and adapt your study-work path. 98.2% employability rate for those graduates who choose to go directly into work, find their job within 6 months of graduating. A €65K average starting salary and you will progress quickly in your chosen career not only in terms of salary but in competencies!
Advanced Master Strategy & Management of International Business:
There are 8 tracks to choose from, tailored to achieve your career goals and in partnership with 4 leading business schools abroad. There is a 97% employability rate. Graduates on the job market got their first job within 4 months of completing the program. Over 2500 alumni worldwide. Based abroad or at home, they work on international projects and as a part of international teams.

Master in Finance:
Having 75% international students means you can learn from your classmates who come from all over the world and experience true international exposure. With a world-class faculty of 30 finance professors, known globally for their academic excellence and research in all fields of finance, such as corporate finance, financial markets, and asset management. Fast track your career to work in the world’s leading banks and best financial institutions in 15 intensive months. Available in Paris and Singapore.

Global BBA:
Connected to the program are 145 partner universities. Find your dream exchange program from our vast network of prestigious university partners. 70% of the Global BBA Alumni work internationally. Based abroad or at home working on international projects, you will be taken all over the world. $ 50K starting salary. Embark on your high-flying career with a starting salary comparable to many junior MBA programs. Available in France, Singapore, Morocco, and Mauritius.
Global MBA:
12 intensive months means you can fast-track your career by gaining international business skills and networks in under a year. This full-time MBA offers six Majors (luxury brand management, hospitality management, finance, entrepreneurship & innovation, digital business) with an overall emphasis on international markets. 90% international students. Study amongst skilled professionals from all over the world and learn from each other’s differences. A minimum of 3 countries included. Experience first-hand business practices on two intercontinental campuses, Paris and Singapore, and during a field trip.

Contact Information
ESSEC Business School
Address: 3 avenue Bernard Hirsch
CS 50105 Cergy 95021 Cergy-Pontoise Cedex France

Phone: +33 (0)1 34 43 30 00
Fax: +33 (0)1 34 43 30 01
For more contact info, visit here http://www.essec.edu/en/contact/
source: http://www.bignetindia.com/jobs-and-career/essec-business-school-introduces-international-business-school-programs-students/

ESSEC Business School is proud to introduce its International Business School programs for all students.
MSc in Management
Advanced Master Strategy & Management of International Business

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Opportunities to Explore After International Business Program

Are you searching for an exciting industry to work with in Canada? Do you want that your business marketing abilities are utilized in the best way? A specialized degree in international business management would surely be the ladder after which you can operate, manage and get acquainted to the changing environment of this global marketplace. Talking mainly about the industries where growth can be anticipated and you can get highly paid career options are advertising, marketing, international business management and finance.

The students are allowed to live & work in Canada after they obtain a degree in business or any such related discipline from a recognized college or School of Business. Such degrees would teach different subjects which sustain the international business industry.

What do the students learn?

The students learn definite skills and in-depth knowledge of dealing with numerous tasks related to different departments. They are trained to plan, manage, operate and report according to the assigned tasks with their team members. Possessing strong analytical skills and managing skills are important for the future managers to learn. Starting from the basics of international trade, logistics and other practices of business management, the aspirants would know about societies globally, the spread cultures and challenges faced in this industry. They not only gain theoretical knowledge but are given opportunity to implement their learnt skills in an accurate manner. Few colleges and business schools offer internships at multiple market-places which helps them to become a part of the driving workforce. Such opportunities would strengthen inter personal skills, problem solving skills and they can also become good decision-makers. There are many work profiles where the students can seek employment after completion of their program.

After learning international business program, there are few industries where they can apply for employment. They are:

– International Business
– Finance
– Import & Export
– Industries
– Government Organizations
– Corporations
– Business Communications
– Private Sectors

The two-year international business diploma program is designed for the individuals who can understand the overall context of international business industry. Such programs are prepared and certified for the students who wish to advance in their business careers at a global level. It makes them learn about growing international market and broaden their perspectives where as working at various work profiles. It would make them highly organized also see the sights of balancing customer needs and knowing the current market trends. They can be: Customer Representatives, Export/Import Managers, Logistics Mangers/Executives, Entrepreneurs, Foreign Investment Analysts, International Banking Officers and many more designations can make you lead ahead on your career path. These individuals can become innovative team leaders and future managerial executives by learning a huge range of business management skills.

The author writes about the students who opt for two-year international business diploma program from School of Business to move ahead in the International Business industry.

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Achieve Competency with International Business Management Program

Canada has been ranked ahead as a destination chosen by the students from all over the globe where they can opt to study for high school and graduation. The colleges, schools of business and universities are remarked since years for their high-quality education while keeping the fee structure pretty affordable for all the students. Finding a suitable opportunity to work in Canada after studying for business management program can prove as career growth for the students. A lot of aspirants are keen towards learning about varied subjects related to international business management. Gaining education through a renowned degree in Canada has been noticed after which you can perform the assigned duties in a well-mannered way.

What you will study in international business program?

An international business diploma can be a good step to take in while you’re planning a career in international business field management field. It teaches about accounting, business writing, business communication, international business ethics, human resource management, information technology, marketing management, financial management, logistics and few others. Being four semesters program, the individuals would understand the know-how of the ways to run business, while exploring new and creative ideas for its marketing campaigns.

Here you will be learning to head the following duties while working as an international business executive, assistant or manager:

– Planning & Prioritizing Tasks
– Analyze the Functions
– Promoting Business Products/Services
– Assigning Tasks to Team Members
– Co-ordinate with Team
– Solve the Issues while working
– Maintaining Healthy Work Environment
– Preparing Reports on Timely Basis
– Meeting Deadlines
– Receiving Feedback

The students are required to develop the below essential skills such as:

– Strong Inter-Personal skills
– Leadership Skills
– Strategic Thinking
– Analytical Skills
– Software Management Skills
– Decision-Making Skills
– Negotiation Skills
– Marketing Skills

These programs are specially tailored for the students to make them gain comprehensive understanding of how to deal with various business related issues in a smart way while managing the other tasks. Problem solving skills are must for any individual as this industry constantly revolves around quick adaptability in such prompt international environment.

Job Opportunities in Canada

A lot of rush ash been seen since past few years in business management field where in the students are pursing certified programs to become future managers. After graduating from School of Business, you can get a numerous opportunities to gain a respectable work profile in this progressing industry. Know as in which industry you can perform at your best and then apply for chosen profile to success in global business sector. Eligible students after bachelor’s, diploma and master’s degree can work with their newly gained skills and abilities while they contribute to the international business sector. Through such learning experiences, they can gain more confidence while managing the ability to change in such culturally diversified society through varied approaches.

The author here shares his view about the students who opt for international business diploma from Canadian College and later can enjoy different positions in the international business management field.

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Advantages of Master in International Business over other MBA disciplines

People often opt for getting an MBA degree nowadays along with their basic education as it helps them to secure their futures. An MBA degree also opens up a world of new opportunities for them which can prove to be quite lucrative. There are plenty of prestigious institutions all over India that provide a variety of business management courses. The courses not only train them in the current market trends but also sharpen their skills on understanding the needs and demands of business and finance in the future. One of the MBA programs that definitely deserve a special mention is a Master in International Business degree. Of all the MBA programs that are widely taught nowadays, this one is perhaps the most popular. Here in this article we will discuss some of the best features of this program.

The Master in International Business degree is suited for those individuals who are looking to specialize in global business and be employed with a firm that has a worldwide presence. A Master in International Business degree can acquaint students with the different aspects of global business, helping them to deal with a wide variety of issues as well as teaching them the tactics that can be used to combat them. The program also offers training on finance, management and marketing trends. International business presents with challenges that are different from the domestic business scenario, and earning a Master degree in it will enable one to handle such challenges with ease.

The program also includes several courses that focus on the vital difficulties of operating across language barriers, international finance and trade laws, as well as other issues that might arise frequently when trying to smoothly run a business that has bases in more than a single country. Due to this reason, students who are keen on developing a career in international business often enroll themselves for a Master in International Business degree from a reputable MBA institution. The eligibility criterion for getting enrolled for a Master in International Business degree is to have a Bachelor of Business Administration degree.

While a conventional MBA degree can only train students to understand the trends of business practices within the confines of their own country, a degree in Master in International Business empowers students with the understanding of international laws and practices that can only be applied to global territories. Hence a Master in International Business degree offers one with a wider scope of practicing business when compared to other MBA programs.

MBA in International Business can take the students to new high of exposure to international markets, their scope and benefits.

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International Business Program Includes Practical Application of Global Concepts

Careers as customs compliance analysts, import/export documentation specialists, global logistics assistants and inside sales representatives all require knowledge of key global concepts, such as processing customs compliance documents, assisting in the transportation of goods to and from locations throughout the world, and taking on a support role in the marketing and sale of Canadian goods in the global marketplace.

In order to launch a career in the field, you must attend one of Canada’s post-secondary International Business programs. These offerings teach you everything you need to carry out the duties of the various roles. One such program is Centennial College’s Business – International Business undertaking. It takes two years to complete and prepares students with business knowledge that is applicable to the manufacturing and production sector, retail and distribution, transportation or as part of a consulting firm.

Here is a closer look at some of the specific International Business Courses offered within the program that focus on global aspects of the industry.

Business Communications: Behaviour is an important element of the social and technical systems in the workplace. As such, students examine and then apply the concepts of individual and group behaviour, communication, conflict and various management styles, motivational techniques and coordination in the work environment to the development of an organization’s human resources.

International Marketing: There are unique international marketing strategies that effectively respond to globalization, which is an important component of business without borders. For that reason, trends in the global environment and the impact of these trends on international marketing are also analyzed. As an interactive component, students complete a term project that enables them to apply the course material to a practical situation.

International Business Concepts: International trade, the macro-environment within which international business takes place, and the major strategic decisions facing international business managers are all discussed from the perspective of a Canadian businessperson seeking international opportunities.

Global Logistics: In this course, students are introduced to all aspects of moving goods internationally including cost controls, distribution alternatives and other transportation issues.

Customs Services and Compliance: Custom procedures are covered in order to provide students with the background necessary for the development of Canadian customs in a global environment. The course specifically highlights current Canadian customs and excise laws, tariff classification, and valuation for tariff purposes, and preparation of customs documentation.

In addition of these international aspects, the International Business Program also features broad business topics such as: fundamentals for business success, mathematics of finance, financial accounting concepts, business operations, human resources management, business analysis and more. It is worth noting that many of these courses are common among other School of Business programs, which provides students with a solid base.

Jason, who wrote this article, reveals details of Centennial College’s International Business Programs, which allows students to enter positions including customs compliance analyst and global logistics assistant.

Dual Degree Program in International Business

The Symbiosis Institute of International Business, located in Pune is an initiative under the name of the prestigious Symbiosis institutes that caters to the rising demand of global managers in the current economic scenario. Offering state-of-the-art infrastructure and strong academic foundations, SIIB has evolved as one of the most preferred destinations for students wanting to pursue management with a global perspective. The MBA in International Business is their flagship program that allows students to understand the intricacies of management in the dynamic economic environment of today. The curriculum for international business covers diverse topics like foreign languages, trade policies, Forex risk management, etc. through a perfect blend of academic training coupled with practical exposure. Given the efforts invested by SIIB, the MBA in International Business has emerged as one of the most sought after and reputed courses of the country. In fact, as part of the Symbiosis Dual degree program conducted at SIIB, selected students can pursue an additional degree from the associated international colleges along with their regular MBA in International Business.
SIIB also holds the distinction of being one of the few institutes to develop integrated courses in the field agriculture business and energy as well. In spite of being a farming oriented economy; India does not offer many options to students willing to pursue a post graduate degree in Agriculture. SIIB’s MBA in Agriculture program was initiated as a result of this insight to cater to the rising demand for professionals in the agribusiness sector. Over the years, the MBA in Agriculture program has emerged as a unique course that trains students to transform into professionals who can then become the torch bearers of an agribusiness revolution. Apart from this, SIIB also offers a detailed program for students willing to pursue a post graduation degree in the energy sector. The MBA in Energy and Environment is a one of its kind program instills amongst the students an understanding of the energy sector so as to evolve into assets for the organizations that they join in the future.
The glorious journey of twenty years continues to inspire SIIB, as the institute moves ahead on the road to become the powerhouse of talent for companies when it comes to recruiting managers with a global perspective. SIIB has to its credit several accolades in terms of successful placements, student achievements and global recognition. Students from SIIB have emerged as successful leaders across multiple sectors. A noteworthy example is SIIB alumnus, Diyanand Kaul from the MBA in Agriculture batch who has authored a book on ‘Carbon Sequestration & Land Use’ that talks about the after effects of climatic changes on human activity.
As part of its interactive efforts to facilitate students learning, SIIB organizes several guest lectures by industry experts. Recently the institute had organized a lecture on E-waste management by Dr.Laxmi Raghupati for the students of MBA in Energy program. The students of MBA in International Business program were treated to an enriching experience in a guest lecture by Mr Praful Talera (CEO of Dynamic Logistics)on the topic: “The Strategic Flow and the Challenges of the International Trade”.
Being home away from home, the SIIB campus also sees students participate in several festivities all throughput the year. Early this month, the students at SIIB also came together to host a grand Durga Puja celebration coupled with a Bengali food festival at the campus. Keeping the festive spirit alive, SIIB students also hosted Joyfest under their social initiative arm, Prayatna. The students of SIIB are now gearing up to host Navratri celebrations on the 20th October. In fact, SIIB has already made plans to initiate 2013 with a bang as, ‘Anusmruti ‘and IGNISENSE , SIIB’s major events are scheduled for January 2013.
Amidst all the festivities, SIIB’s joy was doubled as few students from the MBA batch of seniors received pre-placement internship offers. The Symbiosis Institute of International Business has always believed in helping students nurturing their true talent and thereby witnessing their true transformation into global managers. Through its interactive learning practices and a holistic academic environment, SIIB will continue to work towards nurturing students to evolve into global managers.
The institute is all set to welcome the new batch. Yes! Admissions 2013-2015 are now open. Interested students can register themselves at www.siib.ac.in You can also follow us on our facebook page else twitter handle (@SIIB_Pune) for the latest updates.

Established twenty years ago, SIIB started as SIFT, one of the first institutes to offer an MBA in International Business. The MBA in International Business continues to remain SIIB’s flagship course even today. Currently the program covers foreign languages, trade management, forex, international policies, risks involved and several other issues that allow the students to broaden the perspectives and adapt their thinking capacities.

Importance of International Business Consultants

International firms and enterprises are faced with a new set of challenges every single day as businesses today are getting more and more complex. For this reason, many firms rely on international business consultants to help them remain competitive amid these changes. The basic job of these consultants is to analyze an organization’s structure, efficiency and profits.

The international business consultants helps in identifying problem areas and proposes ways to overcome the weaknesses in their business model. Another important aspect of an international business consultant is to help the foreign country understand the new environment it plans to enter. Before entering any country it is extremely important to understand the countries legal system and demographics.

An international business consultant may work independent of any management consulting firm or in association with such a firm. Management consulting firms may range in size from single practitioners to large international organizations that cater to a wider market.

Some consultants may specialize in specific fields of industry while others take a more general approach. Once an international business consultant is contracted for his or her services, the first thing he/she does isunderstand the process set in place.One of the first steps taken is to analyze relevant data, including but not limited to annual revenue, employment, expenditures and so on.

They may also need to discuss the process with the managers and employees as well as observe the different operations in the specific area of business. After identifying the problem, the international business consultants will then come up with sound proposals and solutions to address the problem. To prepare these solutions, the international business consultant takes into account the nature of the organization, its relationship with peers in the industry, and its internal organization and structure. Several tools may be used by the consultant to come up with solutions. At times mathematical modeling, Design of Experiment and other such analysis tools need to be used to understand the core of the problem.

The findings of all the work the consultant does is then presented to the client in form of a presentation and a written document. The consultants job is not only to find the problem but also to come with unique solutions which can be easily implemented. More often than not a the problems are universal and are loopholes in the system that have not come up to surface due to the local or national nature of the business but could prove to be lethal when the company decides to expand internationally.

Several companies are now expanding their business world-wide through franchising. Franchising is by nature a model that allows for rapid expansion with minimum investment and managerial pain. International business consultants can also help in this regard. As they can help find franchise opportunities in different countries.

The consultant also conducts meetings with various business professionals, financial agents, as well as government officials of different countries. They also provide marketing and advertising services/advice. It is of utmost importance that the consultant chosen has in-depth knowledge of business management skills, awareness of the recent foreign policies, legal documentation, and political economic developments that may affect foreign businesses, solid administrative skill, excellent communication skills and strong international network of associates that can give accurate information about the business climate and markets in different countries.

The consultant should also have hands-on experience in working with multi national companies.

A proffesional international business consultant must possess leadership skills, should be adaptable to change, should be able to identify key strategic inflection points, and can suggest firms on ways to adapt to the new changes in the external environment.

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