Manager Operations Like Interplanetary California

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Q 1: from the link you can find the video

https://fod-infobase-com.nuls.idm.oclc.org/p_ViewVideo.aspx?xtid=129075

Selling Products Globally: Business Without Borders Full

Q2:

where is conducted sure I may have to get someone to translate for me or change money at the bank but a transaction is a transaction and people have been transacting across borders for centuries moreover you may have vacation done volunteer work or even been an exchange student in another country you recognize that there are differences but how does that really into me from doing business after all we are all human and for the most part we all must produce and consume to stay alive besides hug different can international business be from domestic business well it turns out that International businesses often quite different from doing business in your own country International businesses typically defined as all commercial transactions including sales Investments and transportation that takes place between two or more countries in other words it is the act of doing business across National borders the reality is that when you cross National borders many of the taken-for-granted assumptions about the way the business World works re-examine opening up a restaurant in the United States for example when you do business in the US there are many external factors that are fairly consistent across companies and even Industries you assume that you can pay your employees what you want as long as you don’t go and meet other basic work requirements requirements you can also assume that the government will not mind if you open up another restaurant as long as you get a business permit and a food license you’re good to go you also correctly assumed that you will be able to either buy or rent a building for your restaurant and that you can choose the location you can search on your own or through a realtor and you’ll be able to negotiate the price you are also fairly familiar with the local tastes and preferences so you have an idea like essentially they like what you like you assume that the US dollar will hold its value and that people will be able to pay with cash or credit cards you assume that you will not be asked for bribes to open or continue with your business and that you will not need to pay protection money to organized crime leaders in your area finally you assume that you will be able to use social media and the Internet advertising offer online reservation most of these assumptions may sound pretty silly of course I’ll be able to choose the location of my restaurant of course the US dollar will be an acceptable form of currency but when you do business internationally all of these assumptions need to be questioned and modify in an international setting things that we’re just assumptions can no longer be taken for granted and become Paramount to your success these differences across Nations could be a stark is the differences one might find in doing business across Planet while you may have thought about international business before you probably never thought about interplanetary this yet believe it or not some people have and they are not all Jedi are trekkies PayPal for example has a galactic initiative to figure out what future space Travelers would use as cash they admit this would not be a reality anytime soon but none the less they want to be ready when space tourism and other out-of-this-world opportunities begin to take on but we still haven’t found intelligent life on other planets you can imagine that if we did there would be plenty of people wanting to do business with them these foreign planets would represent untapped markets for your products and services recent let’s say you were successful watch make them that your watches are sold all over planet Earth if it were a possibility there are three main reasons why you might want to start selling beyonder you have been doing well but because there are no new areas to expand your business is not growing however one day in your Intergalactic travels you find a Planet whose inhabitants life-forms are as you like to call them aliens they tell time using pocket watches but no one uses wrist watches are the reason could be that they don’t really have wrist that are smaller than their hands the idea of putting something on their wrist only to fall off every time they put their arm down seems rather absurd however you see a potential growth opportunity or the exact watches you produce may not be suitable for this population you realize it was some slight modifications using the incredibly advanced technology with spandex that you already use in some of your watches on Earth the watches could stay attached to the aliens wrist if you are successful in entering this planet’s Market as well as atmosphere then you might be able to grow yourself this would be much easier than trying to get the humans on Earth switch from their existing watch Randy needs to increase sales is a major motive for expanding into interplanetary markets lost and X is super cool and super Advanced you may find that the fourth planet in which you were trying to expand his technological coolant super Advanced you may find that the fourth planet in which you were trying to expand his technological advances that not only allow them to make spandex much more cheaply but to do so in a way that creates less environmental way this is good news to you for two reasons one you will now be less of a contributor to depleting your own planet’s ozone layer and subject to lower carbon text to you and I’ll be able to decrease the overall cost of producing watches phone for the new planet and for the planet Earth in addition you may find that by interacting and working with the aliens you are able to glean some new insights on spandex pants for the Earth market so the ability to acquire resources and knowledge from the foreign Planet would act as a second major motive for expanding into interplanetary Park you may feel that by selling your wrist watches in a foreign Planet it reduces risk that you are facing by limiting yourself to Earth for example it is no secret that the Klingons aliens from the planet Klingon have had their eyes on capturing and taking over planet Earth for quite some time as far as you can tell from viewing the many episodes of Star Trek the Klingons are not wrist watch people they seem to care less about telling time and more about telling lies ation what to do if people have made efforts to learn their language and understand their culture relations are in C string so by setting up manufacturing operations and selling your product on a planet it yourself decline on Earth then you can always count on your cells on the other planet to help you pay your bills and absorb the Klingon attack everyone at least everyone in your Galaxy knows that if you hadn’t started selling to your selected foreign Planet first it would be difficult for you to compete against Rolex at an Intergalactic level like Switzerland Rolex never seems to get involved in any of The Intergalactic turmoil that goes around and they seem to be well respected by most planet once you decided that you want to sell your watches to this foreign Planet you need to consider how you will set up shop first consider what you will need to do business across Planet you probably need a spaceship to take your good back and forth is the planet you were doing business on his billions of light-years away do you use Federation X or do you purchase the spaceships yourself with watches handle going through a wormhole or do you have to risk going too slow Wave by traveling at the speed of light risking that your customers will be dead by the time the product reaches them do you have to be concerned about Intergalactic pirate will you sell directly to retail shops on the alien planet or will you have a local partner who has your best interest at heart and understands the alien market and culture better yet will you set up your own operations there so you have a local presence and can control more of the production and sales process if you do set up your own operations how do you go about doing this will you buy facilities from someone else or will you build your own there are many factors to consider in making this decision these factors relate to the alien planets economy you think aliens are more likely to follow a socialistic system or government exert more control over the major factors of production or do you think they would prefer more capitalistic system or private owners decide on the terms of the transaction will their laws be the same as the laws you see on Earth what if they were at war with another planet within language cultural norms be the same will you need to make modifications based on these socio-cultural factors and finally will they have similar Technologies and processes to the ones you use is there something you can learn from their technological environment all these factors influence the form your company takes and how you a manager operations like interplanetary business international business must similarly consider these factors the differences require you to modify existing business principles and practices making international business something quite different from domestic business those who recognize that these potential differences exist are more likely to ask the right questions allowing them to find the right answers and he’ll compete their Rivals those who ignore differences won’t even be aware that they should be asking questions at all given the increasing degree of international trade and business the question is are you willing to engage in international business with your eyes open or with them closed are you willing to understand and adapt or are you likely to be left wishing the world with a cat’s for you.

Q3: from the link you can find the video

https://fod-infobase-com.nuls.idm.oclc.org/p_ViewVideo.aspx?xtid=59761#

Business Ethics: Global Business Full Video (21:52)