Analysis Of Whittaker 's As Exporter Of Chocolate Product And Culture Competence As A Contributor Towards Global Success Essay
2185 Words9 Pages
This essay will explore the business activities in the field of international business with specific reference to Whittaker’s as exporter of chocolate product to Malaysia and also cover aspects and concepts in international trade.
Firstly, an application based on the difference between the New Zealand domestic market and the Malaysian international market will be explained and secondly a discussion on proactive and reactive motives (as international trade drivers) will follow. Thirdly a discussion on the social cultural effects (regarding religious practices) will be covered. This essay will continue to furthermore explain the concept of “born global companies” and culture competence as a contributor towards global success. As a conclusion, an in-depth discussion on the differences between international business and domestic business concepts will link international business and effects of globalisation.
Domestic and international business
Domestic market means the organization that leads its undertakings in its nation of origin. A residential enterprise is generally loaded outstandingly in contrast to an outside partnership, and may be obliged to pay obligations or charges on the importation of its items. As domestic market Whitakers is really well know the market of New Zealand and it only deals with the own money of the country and not subjected to the currency ups and down in terms of value. On the other hand the Internationalization happens when