Factors Affecting International Business: Opportunities and Challenges for Tesco

International
business

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Factor affecting global economy for international business ..........................................................1
CONCLUSION ..............................................................................................................................5
.......................................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
International business refers to the trades of goods and services across national borders. It
involve cross border transaction between two or more countries. International business require
more skills than traditional business. Transaction that take place in this business are performed at
global level. International business also known as globalization(Kurt and Kurt, 2020).This
facilitate to connect different world economies. Their scale of operations are waste in size. It also
done transaction of economic resources include capital, skills, labour for the international
production of goods and services. The companies that carry out such business transactions are
called multinational companies. International business contains a large number of operations at
wider level because it conduct on a large scale. This business is based on market segmentation,
which offer good and services as per demand of the consumers. This business give benefit to all
participating countries. International business conducted at very large scale they first sale their
products at local market. Then surplus good are export in other countries(Van Assche, 2018).It
increases employment opportunities and also brings a new environment of development, stability
in economy, availability of good and services to each and everyone. This report file consists the
information regarding TESCO London UK based enterprise. Who trades of products and its
services at global level. Although Tesco is the third largest retailer in the world. This
presentation shows the factors influencing the business market. Also, opportunities which
provided by Tesco to small and medium enterprises. Tesco is the third largest retailer in the
world.
MAIN BODY
Factor affecting global economy for international business
International business largely depends on economic activities. In international business there is a
fear of trade barriers and restriction, which are imposed by the government of different countries.
Many countries government does not allow international business in their countries. Political
environment is one of the factor that affect the international business, it included the types of
governments, the relations between government and the business. Government make restrictions
on exporting some products and services, restriction on pricing of some goods, restriction on
capital goods, raw material(Hrechyshkina, and Samakhavets, 2019). The more stable the political
environment more it brings the opportunity. Recent example is Brexit. With the Brexit new
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