International Business Management

An Overview of International Trade

Why companies decide to enter foreign markets?

The definition of international business

Barriers to International Trade

The organization of International Business

Decision making in Management

Different types of Business set-ups

What to look out before embarking on International Business?

Definition of Trade Policy, and DTAs.

Advantages and Disadvantages of International Business

The International activities of SMEs

Benefits of doing business internationally

Business Development

Why Need an Export and Import Plan?

Organization of International Business Structure

Functional, Divisional, Matrix, Team, or Network

Centralization vs Decentralization

Operating Environment

Cultural and Strategic management

Comprehensive strategy-management model

Benefits of Strategic management

Formulation vs. Implementation of Strategy.

Free Trade Agreements (FTAs)

Take-Aways:

Fundamental understanding of international business and development

Recognize the sequence of events in a typical International Trade transaction

Understand the benefits of a business developments

Trainer Profile

Richard has over 35 years of working experience in the banking industry, covering the areas of International Trade Finance, Funds Transfers (Remittances), Business Administration, Retail Banking and Risk Management. He has worked in various international banks and also multinational corporations and is actively involved in conducting in-house training and presentations.

Richard was a registered Associate Trainer with the Institute of Banking and Finance (IBF), and is a part-time Associate Lecturer with the Singapore Institute of Management (SIM) and he developed the module “Export-Import Operations & E-commerce in Trade” for the Diploma in International Business. Richard was formerly a part-time Tutor with the Business and Management Education Limited, for the Manchester Business School MBA program conducted in Singapore. Currently he is part-time lecturer with Hanbridge Institute for the University of Suffolk, MSc. program conducted in Singapore. He was teaching Strategic Management, Trade Internationalization, and currently International Business Management.

Finance & Banking staff, Business Owners.