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\nThe Impact of Internationalization on Business Departments\n

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\nThis video discusses the impact of internationalization on various functional departments of a business, such as finance, marketing, human resources, and operations. The video explains how businesses that go global face increased...\nThis video discusses the impact of internationalization on various functional departments of a business, such as finance, marketing, human resources, and operations. The video explains how businesses that go global face increased complexities in financial forecasting, budgeting, and risk management, and may also face challenges in managing a diverse and decentralized workforce. Additionally, the video explores how businesses that operate on a global scale require extensive market research and localization to cater to the diverse tastes and preferences of their customers. Finally, the video discusses how businesses outsource production processes globally to take advantage of cost efficiencies, but also warns of the reputational risks and quality issues that can emerge from this practice.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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16:26
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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business
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Additional Tags

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a-level, section, global, 1.2.2, the, impact, of, internalisation, corporation tax, cost effective, real trade, chinese company, single stage, negative publicity, local expertise, global economy, operations department, domestic market, market specialists, cultural barriers, domestic country, organizational culture, single country, production process, marketing department, global workforce, finance department, international markets, global companies, operating globally, global markets, local workers, countries involved, world gdp, large companies, international branches, global businesses
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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