Global Business Aspects

Global Business As-
pects

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK 1............................................................................................................................................3
Covered in PPT.......................................................................................................................3
TASK 2............................................................................................................................................3
Introduction of Organisation..................................................................................................3
Protecting the Intellectual Property Rights in globalised economy.......................................4
Managing functions of business in an international context..................................................4
The impact of the national cultures in a international marketplace........................................6
An assessment of the entry based strategies in a international markets.................................6
An assessment of suitable global based strategy for local company......................................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................1
APPENDIX......................................................................................................................................2

INTRODUCTION
A global business refers to the industry that runs services (such as factory or distribution
centres) in lots of nations around world. This is the different from the international business, that
sells goods across but has services only in its own nation. An significant contribution of the this
paper is description of six cornerstone of the global business – that are: mission of business ,
policy or strategy; workplace culture; leadership, innovation, technology as well as creativity;
human capital or a business environment, this also recommendations obtainable have the bearing
on the research. Global business is lead to the top competition among many business. When
any industry enters in the foreign marketplace, they have to struggle with local business in
nation. Therefore, foreign companies must produce the high-quality goods. They are capable to
get minimum-price high-quality goods (Amato, 2021). This report is based on the HSBC, this
holding plc is British multinational investment bank as well financial service holding
organisation. The below report includes the drivers behind globalisation, advantages as well
barriers to the internationalisation company, difference between international business and
domestic business, role of WTO in international business and impact of trading blocs in
international business. In task second covers the introduction about the company, protecting
intellectual property rights, managing company’s functions, impact of national cultures, entry
based strategies and strategies for local business.
MAIN BODY
TASK 1
Covered in PPT
TASK 2
Introduction of Organisation
HSBC Bank is retailing based banking sector and this is national association as well an
American subsidiary of the UK based. The headquarter of this company is in London. They
provide their financial services in different country but they wants to expand their company in
different more marketplace by adopting some technology.

Protecting the Intellectual Property Rights in globalised economy
The protections for the IP vary depending on the weather company are working with the
patent, trademark and copyright. HSBC dive the deeper into implications of very kind of IP in
following field. Conversely, there are some vital, inexpensive phases that small level businesses
can get to protect their IP and no matter what kind of business benefits company is seeking to
insure. Initial, make sure company conduct their due diligence before the performing business
tasks with other foreign partners. Visit U.S. based Commercial Service webpage for research a
possible buyer and distributor as well learn if they have other IP violations. Make sure that
company work with the legal counsel to the develop ironclad based language that protects their
IP rights in the licensing or subcontracting agreements.
Second thing is, make sure company record every U.S.-registered trademarks or copyrights with
U.S. or country Customs as well Border Protection office. Lots of nations also have departments
for the securing or registering patents, trademarks or copyrights, that can provide to business
some defence of against the IP rights violation terms of worst-case scenario (Burdenko,
Bykasova and Mudrova, 2021). Explore information on the how to apply for an individual
patents and trademarks in other country with intellectual property based office in that nation; a
list of the intellectual based property corporations worldwide is a managed by World Intellectual
Organization.
Managing functions of business in an international context.
Planning
To operate corporation internationally, the managers must initial plan their concept well.
Company have to take decision how precisely will they be conducting their business activities.
This considers deciding whether industry will export goods and enter into the joint ventures with
a local based business. Business may even the function as MNC by starting corporation in other
nations by operating from the one location to another. International business planning the always
needs a thorough the understanding of the local political, economic and social environments.
These elements also consider political based stability in nation, government demands,
intellectual property policies, rivalry and many more.
Organizing