Global Business Aspects: Strategies for Expanding Business in International Market

Global Business Aspects
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Table of Contents
PART A...........................................................................................................................................3
Covered in Appendix..............................................................................................................3
PART B............................................................................................................................................4
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
Securing the Intellectual Property Rights in a global economy of the world........................4
Carrying off business functions in the global context............................................................5
Effect of country's culture in the international market...........................................................5
Classification of entry scheme in worldwide markets............................................................6
Classification of suitable global strategy with regard to the local company.........................7
CONCLUSION................................................................................................................................9
REFERENCES:.............................................................................................................................10
Appendix........................................................................................................................................12
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PART A
Covered in Appendix
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PART B
INTRODUCTION
Globalisation is a process through which one country would integrate the other country at the global level. The company
trade internationally under the globalisation. The globalisation has also resulted into the liberalisation of the restrictions done on
the international trade by the countries. Moreover, the globalisation provides a way to develop the country. This also provide
employment opportunities to people living in different countries(Bucci, et.al, 2018). This report will discuss about the Fulton's
Foods. It would analyse the vital considerations in the global market. The Fulton's Foods is a small in size business
organisation which deals in the frozen eaten items in the UK. It has its head quarters in Barnsley in England. This company is
planning to expand its business all over the globe. This report would outline the protection in IPR , effect of the culture of
nation and world wide strategy for business at international level.
MAIN BODY
Securing the Intellectual Property Rights in a global economy of the world.
The IPR is very essential for any business organisation. This is so because the intellectual property right provides for the
security regarding the innovation of the ideas by the owner of the business. The IPR is basically for the businesses who has
some innovative idea. The IPR basically provides for the protection from the infringement of the rights of the innovator in any
organisation. The Fulton's Foods wants to come in the international market for which it is necessary that it must protect its ideas
with the help of the IPR policies that is being applicable by the law of the country. More over, it is also very necessary for the
development of the country as it would also impact the economy of the UK. Moreover, there are also various rights such as the
patents rights, copyrights, etc. that can be used by the selected company in order to protect its innovation(Hamdan, 2021).
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