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Direct Hit

Unit 4 - Marketing

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Chart Increasing

Unit 1 - Introduction To Business Management

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Briefcase

Unit 2 - Human Resource Management

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Money Bag

Unit 3 - Finance & accounts

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Factory

Unit 5 - Operations management

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Bar-Chart

Unit 6 - Assessment

Hey future moguls, ever thought about taking your biz around the world? Here&#39;s a map to navigate the bumpy roads of international business! 🌐✈️

<ul>
	<li>Uneven Money Distribution
	<ul>
		<li>Some countries have a big gap between rich and poor. So, while everyone might want the latest iPhone, not everyone can afford it!</li>
		<li>Example: In some developing countries, most people have low incomes. Selling high-end luxury products there? Tough job!</li>
	</ul>
	</li>
	<li>Crazy Money Dance &ndash; Exchange and Interest Rates
	<ul>
		<li>Ever seen money dance? Exchange rates do! If one day your dollar is a superstar, the next it could be on a discount.</li>
		<li>Example: You&#39;re selling American toys in Europe. The euro falls against the dollar. Now, your toys cost more euros. Uh-oh!</li>
	</ul>
	</li>
</ul>

<ul>
	<li>Shaky Grounds
	<ul>
		<li>Some countries have political scenes more dramatic than reality TV! Businesses need to be aware of that.</li>
		<li>Example: Unpredictable changes, like in the Middle East or Afghanistan, can make business as usual...not so usual.</li>
	</ul>
	</li>
	<li>Changing the Rules Mid-Game
	<ul>
		<li>Governments can change business rules overnight. Imagine setting up a lemonade stand and then being told lemons are banned!</li>
		<li>Plus, global terrorism and unrest? Double-check your trading partners!</li>
	</ul>
	</li>
</ul>

<ul>
	<li>One Size Doesn&rsquo;t Fit All
	<ul>
		<li>What&#39;s legal in one country might land you in jail in another! Always do your homework.</li>
		<li>Example: EU hates any sneaky business tactics! They&#39;ve got strict rules against unfair competition and super high standards for products.</li>
	</ul>
	</li>
	<li>Protect Your Ideas
	<ul>
		<li>Intellectual property rights differ around the world. Your brand logo might be yours in one place but someone else&#39;s in another. Yikes!</li>
	</ul>
	</li>
</ul>

<ul>
	<li>People Puzzles
	<ul>
		<li>Different countries, different folks! Some places have more grandpas, others have tons of youngsters.</li>
		<li>Example: Selling skateboards? Maybe target young-populated African countries over some places in Europe.</li>
	</ul>
	</li>
	<li>Segment and Conquer
	<ul>
		<li>Marketers should break down markets based on demographics. Like offering anti-aging creams in older-populated areas and candy in younger ones!</li>
	</ul>
	</li>
</ul>

<ul>
	<li>The Internet Express
	<ul>
		<li>Businesses now move at light-speed thanks to the internet! But not everywhere.</li>
		<li>Example: Planning to launch an online store in a developing country? Some might still be on the &quot;dial-up&quot; train. So, plan accordingly!</li>
	</ul>
	</li>
	<li>Infrastructure Blues
	<ul>
		<li>Even if people have the internet, bad roads or lousy phone networks can rain on your parade.</li>
	</ul>
	</li>
</ul>

Wrap Up: Navigating the global business landscape is like a thrilling roller coaster! With its ups and downs, it promises adventure. As long as you&#39;re strapped in with the right knowledge, you&#39;re set for the ride of your life! 🎢🌍

&nbsp;

Happy global business-ing! 🚀🌟

Unit 4 - Marketing

Navigate Global Business Risks: Economic, Political & Legal Challenges Explained

Table of content

🌍 Global business adventures!

📉 Economic challenges

🏛️ Political challenges

Unlock the Full Content!

Unit 4 - Marketing

Navigate Global Business Risks: Economic, Political & Legal Challenges Explained

Table of content

🌍 Global business adventures!

📉 Economic challenges

🏛️ Political challenges

Unlock the Full Content!