International Business - 3096 Words

Group Assignment: BHP BILLITON International Business Theory amp; Practice (MGF 5966) Lecturer/Tutor Mr. Sharif Rasel Name amp; ID Junaidul Haque – 263 512 50 Dalaphone Phengrattanavong – 266 785 94 Girish Balar – 274 718 53 Maike Nan – 263 994 90 Due Date – Week 11 Introduction BHP Billiton, which is Broken Hill Proprietary Billiton, is an Anglo-Australian multinational mining and petroleum company. BHP started its operation in Melbourne in 1885 which is one of Australia’s largest and oldest companies, and it focused on development, discovery, production, and marketing of natural resources. In value-added flat steel products, BHP was also a market leader. In 1860, Billiton was established in The Hague,†¦show more content†¦Meanwhile, the CSR activities create communities a trustworthy of the organization by contributing benefit for society. For example, BHP Billiton has been a part of communities which made the grant to ANDA project to help vulnerable and displaced people in Colombia. The company also invested $13.4 m in the five rivers conservation project. This will create secure, lasting conservation position for the land and make an endowment for the long-term management of the property in Tasmania, Australia. Those projects have assiste d human perception to think positive regarding the organization. In addition, BHP Billiton works to improve risk profile by enhancing the identification and management of health, safety, society and environment risks. The company has shown a reduction of 5.7 % in potential employee exposures to carcinogens and airborne pollutants. It is their sustainability focus on people to maintain people and operation safe, concentrate on people health and well-being as well as developing their employee. Thus, it is a motive for the BHP Billiton’s employee to bring up the innovation. Apart from that, BHP Billiton also developed a code of business conduct by initiated land and biodiversity management plans for all of its operations as these included controls to prevent the damage of the environment and compensation influence to biodiversity and ecosystems services. With this plan, the firm has created the value ofShow MoreRelatedInternational Business Ventures2671 Words   |  11 PagesInternational Business Ventures Measuring a potential business venture has many aspects which the international manager must be aware of in order to convey the correct information back to the decision makers. Being ignorant to any of the aspects can lead to a false representation of the project, and hence an uninformed decision being passed. In order for a business to survive it must grow. For growth to be optimal, management must first be able to identify the most attractive prospective leadsRead MoreChallenges of International Business Management1037 Words   |  5 PagesCHALLENGES OF INTERNATIONAL BUSINESS MANAGEMENT What are the challenges of International Business Management? International business management is a term that is used collectively to describe all commercial transactions which include; †¢ Private †¢ Governmental †¢ Sales †¢ Investments †¢ Transportation The above take place between two or more nations. It involves all business activities which partake in cross border activities of goods, services and resources between nations. PrivateRead MoreInternational Business1578 Words   |  7 PagesInternational business contains all business transactions private and governmental, sales, investments, logistics, and transportation that happen between two or more regions, nations and countries beyond their political limits. Generally, private companies undertake such transactions for profit governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nationsRead MoreInternational Business And International Marketing1457 Words   |  6 PagesInternational business compares all commercial transactions like private and government, investments and sales and transportation which take place between two or more regions , nations and countries beyond their political boundries.simply international business is exchange of goods and services among business and individual in multiple count ries. International business such as an essential subject for students around the world because international business is vital ingredient in entrepreneurshipRead MoreInfluential Factors of International Business and International Business Environment4145 Words   |  17 PagesA Business Growth and Strategy Project On INFLUENTIAL FACTORS OF INTERNATIONAL BUSINESS AND INTERNATIONAL BUSINESS ENVIRONMENT By: Ankit D Jethani 6937 Business Environment consist of every factors influential to the business operations. These factors are classified into two broad categories. These are: a) External or UncontrollableRead MoreInternational Business Environment6667 Words   |  27 PagesModule specification INTERNATIONAL BUSINESS ENVIRONMENT Code: PGBM04 Credits: 15 Level: Masters FBL, Business School Board: Postgraduate Business Studies Learning Hours: 150 of which 30 CONTACT hours Rationale 1. The international business environment is multi-dimensional, including economic, political, socio-cultural and technological influences. While each can be viewed in specific national settings, increasingly they have become interrelated through processes of globalisation. In particularRead MoreInternational Business5797 Words   |  24 Pagesof world output and world exports accounted for by the United States and other long-established developed nations is unlikely. FALSE 23. (p. 21) A current trend in international business is the growth of medium-sized and small multinationals, known as mini-multinationals. TRUE 24. (p. 22) Today, the risks involved in doing business in countries such as Russia are low, but so are the returns. FALSE 25. (p. 23) If the free market reforms in China continue for two more decades, China may move fromRead MoreInternational Trade As A Tool For International Business1707 Words   |  7 Pagesfourteen asks some very important questions regarding international trade as SME and MNE evolve globally due to technology. Therefore as international business continues to evolve companies are find easier ways to find importers and exporters from the comfort of their offices without the costly methods of travel and due diligences trying to find reputable companies to handle their needs. Using a variety of sources I will analyze international trade through the use of websites and go into detail aboutRead MoreBusiness Administration International Business Essay1784 Words   |  8 PagesBUSINESS ADMINISTRATION amp; INTERNATIONAL BUSINESS In the literal meaning, Business refers to an organized approach to providing customers with the goods and services they want. Business Administration has over the years taken the form of a formal field of knowledge, besides engineering medical and even closely-related Economics. In the 20th century, with the development and growth of business schools in America and Europe, the dynamics of business administration changed. With more research conductedRead MoreThe Problem Of International Business842 Words   |  4 Pages International business c Trade occurring between one or more countries worldwide. Balance of trade Difference in value of a countries imported and exported goods. Balance of payments Also known as BOP, is the monitoring of all international money transactions during specific times. Global dependency The dependency of one nation to another. Competitive advantage The advantage a company has over its competitors, allowing them to achieve greater