ⓘ Category:International business

International business

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction. International business is also known as globalization. To conduct business overseas, multinational companies need to bridge separate nat ...

Base erosion and profit shifting

Base erosion and profit shifting refers to corporate tax planning strategies used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions, thus "eroding" the "tax-base" of the higher-tax jurisdictions. The Organisation for Economic Co-operation and Development OECD define BEPS strategies as also "exploiting gaps and mismatches in tax rules"; however, academics proved corporate tax havens, who are the largest global BEPS hubs, use OECD–whitelisted tax structures and OECD–compliant BEPS tools. Corporate tax havens offer BEPS tools to "shift" profits to t ...

BEEPS

The Business Environment and Enterprise Performance Survey is an extensive economic survey undertaken as a joint initiative of the World Bank and the European Bank for Reconstruction and Development. The BEEPS surveys are conducted in the countries of Eastern Europe and Central Asia and gather information about key indicators on topics important for business environment such as problems doing Business, informal payments and corruption, Finance, Labor, Crime, Infrastructure, innovation, legal and judicial issues, taxation, customs and cross border trade, and more. Survey results are made pu ...

Binding corporate rules

Binding Corporate Rules or "BCRs" were developed by the European Union Article 29 Working Party to allow multinational corporations, international organizations, and groups of companies to make intra-organizational transfers of personal data across borders in compliance with EU Data Protection Law. The BCRs were developed as an alternative to the U.S. Department of Commerce EU Safe Harbor and the EU Model Contract Clauses. BCRs are required to be approved by the data protection authority in each EU Member State in which the organization will rely on the BCRs. The EU has developed a mutual ...

British business group

A British Business Group is an association or club of expatriate British business people. The aims of the group are typically to encourage trade with the host country and to provide a social environment for business networking. Typically a BBG will organize trade missions, lectures and social functions. Many BBGs fulfill a charitable role, although that is not a primary function. BBGs are often closely associated with the local British consulate or embassy, and with related organizations, such as the Middle East Association or the UKTI.

Business Model of Intercultural Analysis

The Business Model of Intercultural Analysis is a tool developed to address cross-cultural problems. The BMIA framework uses six comprehension lenses to analyze cross-cultural interaction in the business environment. The six comprehension lenses to examine enterprise-wide cross cultural challenges are cultural themes, communication, group dynamics, glocalization,’ process engineering, and time orientation.