customers. Supply of products and promotion through advertisements must be relevant with
the culture of the customers.
The level of resources and effort can be increased in accordance with the international
trade. To increase international business, perusahhan must perform export and import, trading
companies, licensing and franchising, contract manufacturing and other business systems.
Trading company is a company that buys goods or services in the company of other countries
and sold them to buyers in other countries. License is a form of trade agreements in which the
parent company or companies that give license to use the company name, product, brand, raw
materials, and production processes to other companies. Franchising is a form of licensing of
the parent company to other companies to provide names, logos, methods of operation,
advertising, products, and other elements with financial rewards agreements and agreements
to conduct business in accordance with the standards of the company's operations. Contract
manufacturing is a condition in which a foreign company to hire another company to produce
a certain volume of product or income with a domestic company name.
International business strategies is a business planning within the global economy
needs people which understanding the business to analyze the economic, cultural reality of
the law, political, and social aspects of the countries in which they will operate its business.
To develop international business strategy, companies have to approach traditionally used
multinational strategy, to adjust their preferred product standardization, promotional media as
much as possible, promotion and distribution of products that culturally acceptable,
technology, and regionally. Managers must be able to manage the challenges of global
business that can fulfill the challenge to create and applying the the most effective of business
strategies and sensitive to the global market.