ECON FVC1 Global Business
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A global business as per the course ECON FVC1 Global Business is an organization that operates facilities such as factories and distribution centers in many countries around the globe. This is not same as international business, which sells products all around the globe but has facilities only in its home country.
Following are the types of global business under course ECON FVC1 Global Business:
Key takeaways:
- Exporting
- Joint ventures
- Foreign direct investment
- Franchising
- Licensing
- Various other forms of strategic alliance
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