GLOBAL BUSINESS
Aug 20, 2015
GLOBAL BUSINES
S
What is Global Business?
Famous Global Businesses
Benefits...Global companies plan activities on a global basis. By operating in more than one country benefits from savings or economies on activities such as R&D, marketing, operations and finance are achieved which may not be available to domestic companies. Examples include: More Revenue Streams Resources and Supplies Market Development Larger Talent Pool
Challenges...Operating globally generates a wide variety of issues. Multinational firms must comply with host countries' laws on tax, pensions, business practices and human resources. One country's entrepreneur may be another's antitrust violator. Practical Legal Cultural Political Financial
What makes a Strong Global Business?
Leadership
Company Culture
Communication
Acknowledge Strengths
Address Weaknesses
Business EthicsBusiness ethics is a form of applied ethics or
professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It
applies to all aspects of business conduct and is relevant to the conduct of individuals
and entire organizations.
Importance of Ethics
Benefits of Ethical Behaviour
Attract customers to the firm's products, thereby boosting sales and profits
Make employees want to stay with the business, reduce labour turnover and
therefore increase productivity
Attract more employees wanting to work for the business, reduce recruitment costs and enable the company to get the most
talented employees
Attract investors and keep the company's share price high, thereby protecting the
business from takeover.
Ethical Businesses...Intel• Intel Foundation• Intel Science Talent Search• Underprivileged Donation
Fund
Goldman Sachs• Vocal support of marriage
equality• Pro Bono Funding
QS as a Global BusinessQS is a globally active enterprise headquartered in London and with offices in London, Portland, Paris,
Singapore, Stuttgart and Alicante. We are a culturally diverse team of over 200 staff members, with over 40
languages spoken in-house.Passionate
We at QS believe that the global society will
only thrive to the extent that the
peoples of the world have a mutual respect and understanding for
each other. The company values cultural diversity,
shows respect for all, and is committed to
enriching communities by fostering individual achievement through
international education and careers.
TrustedWe are ethical and
honest in our endeavours. We listen to our clients and take
positive actions whenever a response is required. Our staff are goal-oriented and
committed to delivering value for
our clients in all we do. Our success is
measured through the satisfaction expressed
by our clients, and staff.
IntelligentAs the leading intelligence,
communications and events organisation in international higher
education, QS provides quality services; aiming to provide better consumer
choices and organisational
planning. Resources are used in an efficient
and responsible manner in the
undertaking of the business.
LeadingOur success stems from a pioneering
spirit and a commitment to on-
going innovation. QS strives to be one of the
top providers in any area where we offer
products and services
The Future of Global Business
QS-AIESEC Global Business Development
Award Shadowing senior managers, working in the
Sales and Business Development department.
Lasting between 3--‐4 weeks in June/July/August
Award will be open to applicants from AIESEC across Europe (European Union) – minimum of 6 weeks for a traineeship.
Stipend provided, travel costs covered Criteria: Individual performance i.e # of Meetings,# of
Traineeships raised and/or Sponsorship sold Motivations AIESEC & Leadership experience