Category Archives: Business / Investing

International Business

Taking the International Business Career Path

 

If you are looking for a very open and lucrative career path, and you’re an enterprising person anyways, you can always choose a career path in International Business. It’s actually an interesting discipline worth your study time. Ever wondered how multinational corporations like Toyota, McDonalds or Seiko make it in the international markets, considering the social and cultural frameworks of different countries are very varied? The study of International Business is very open that you would study how these movements happen. It’s also very lucrative and interesting, because the whole world would be your workplace.

 

International Business is primarily the study of matters pertaining to the conduct of businesses and operations of overseas businesses in respect to their pre-existing business cultural framework. It studies how multinational corporations conduct business, including subjects in Economics, Trade and Finance. Other programs in International Business also include language courses to enhance more the skill competency of their graduates. If you’d be asked of what language courses you would take, we’d recommend you to take up Spanish and Chinese because they’re the top two languages that are currently used around the world.

 

You have three options on how to go about your degree in International Business. The shortest stream is the Associate’s Degree in International Business, which would compress in two years all the important knowledge you’ll need for the workplace. If you want to expand your knowledge of the field, you can take additional two years to make it a Bachelor’s Degree. If you feel the need to pursue more of International Business, or is thinking of making it another career path besides any that you’ve previously taken, taking up the Master’s Degree is recommended. The added credential and title of M.A. would also bolster your curriculum vitae for job hunting.

 

You would not regret taking up International Business because the opportunities it can present you nests into other fields. Your work being available in other countries is also a given, so you won’t have an excuse for unemployment. After all, you have six continents to choose where to work at. Most International Business graduates try to enter at Entrepreneurship of Management-level jobs. They can become entrepreneurs, purchasing managers, human resource managers, sales and marketing analysts, financial analysts, or even loan officers. Other graduates take

 

International Business as a pre-Law degree. Popular fields in Law related to International Business include Commercial Law, Trade Law, Diplomatic Law, and both private and public practices of International Law.

International Business apparently is a very interesting field to immerse in. The job opportunities are very wide as the demand is very massive. An interested student can take up International Business either at a campus offering the course near you. However, seeing that not all campuses around the world have the course yet, one can try to study International Business courses online. Besides being a simple and modern approach to a relatively new method of conducting business, it’s also very convenient for people with day jobs. However, one should only comply strictly to submission deadlines to pass the degree in flying colors.

 

Economics

The Economic Status of the World

A country is defined not only in its culture but economy as well. In the study of economics, a business defines it status by how well it is able to supply the demands of people, and sell a demand at a price that is both by consumer and seller. The growth of our world’s economy has largely changed over the past few decades. The constant modernization has made each country required to be tightly competitive and so each country has defined it power through their economic status. Every year, economists thoroughly research on a country’s economic status. Here are the top 10 earners of the world as sourced by the CIA World Factbook:

 

  1. United States – Uncle Sam has been consistent in the top ranking. Its population count as of 2011 is more than 300 million but their purchasing power is about 14 trillion, despite unemployment rate of 9.6%
  2. China – The ranging population of China does not stop them from being one of the world’s most powerful economical countries. Their unemployment rate only is 4.3%, as of 2009 and the purchasing power totals to 10.09 trillion.
  3. Japan – Their population is not that huge as compared to the first two countries but they are contributing more than 70% in the services sector as of the year 2010. This makes their purchasing power more than 4 trillion.
  4. India – This country ranks the fourth even if unemployment rate went up to 10% in the year 2010. Despite this, they can still purchase goods at 4.06 trillion, and contribute largely to industrial, agricultural and services sector; respectively 26%, 18% and 55%.
  5. Germany – Their economic standing roots from contributing largely in services as they come in second to Japan of bringing 71%. With that, they are able to have a GDP of close to 3 trillion.
  6. Russia – Their buying power is about 2 trillion and their population is not as large as everyone else, considering that their country’s geographical size is huge. With that, they are able to use their available resources to provide more than 36% in the industrial sector.
  7. United Kingdom – The United Kingdom’s limited population still has an unemployment rate of 7% but their GDP defines how largely they can purchase due to their contribution in the services sector, which is close to 80%.
  8. Brazil – It is ranked the 8th country to have a strong economic status since their GDP is 2 trillion with a 200-million population as of 2011. Like the top countries, their GDP largely contributes to the service sector, which is about 67%.
  9. France – Also a country that is largely based on the services sector, it has a purchase power parity of 2 trillion, where population is small and unemployment rate is 9%.
  10. Italy – Due to its small population and purchasing power, Italy is on the top 10 list. Their purchasing power parity is about 2 trillion where it contributes 72.8% in services sector.

Business Investing

Business Investing
Investing

 

Business Investing – Where to Begin?

Many of us would like to venture into the world of business but are just hesitant due to lack of knowledge on things like finance and investment. Whether it is a small-time or a big-time business, these two play equally important roles. So for those of us who would like to start up a business but just don’t know where exactly to begin, may you find this article a helpful guide toward the world of risky and tricky self-employment. Yes, being our own boss is not all about enjoying its perks. That is why we have to equip ourselves with a powerful game plan before we plunge, head-on.

 

Top 3 Startup Ideas for Business


• Own a restaurant – this business idea will work out smoothly for those of us who love cooking and food. We have the option to either start up our own name or franchise an established business in the industry. Although the food industry has been feared to be capricious and flicker, a lot of people still find number of reasons to invest in it. And one of these reasons, as noted by the renowned website

Entrepreneur.com, is the high volume of job seekers who wish to enter this kind of business. This serves as an assurance that we will never go short of help in this industry, especially if the economy continues to recover.


• Own a retail shop or boutique of your dreams – one of the easiest and most popular ways to start a business in the retail industry is to open up our own boutique. Experts say that the great thing about going this way is that we are all given a chance to indulge in what we like. We can sell clothes, homemade peanut butters, hardware supplies, car accessories, etc. It gives us a chance to showcase our personalities and get involved in something that we really want.


• Own a consultation nook – this is the most ideal business idea for those of us who want to help out people. If we are an expert in a certain field or industry, then we may offer our consultation services to the people who need guidance and tips. The Association of Professional Consultants in Irvine, California notes that this kind of business is booming nowadays. We just have to establish a strong foundation and create the right connections and we’ll surely succeed in this industry.

 

 How to Keep on Track
For us to fully enjoy the rewards and opportunities that self-employment has to offer, we must corroborate a good plan first. Also, we need to ensure that we will get the proper business funding and financial support if we should need it. Businesses are always risky and there is no assurance that we will all succeed in it. However, if we work hard enough and educate ourselves of everything that we should know then it is not impossible. Budding entrepreneurs like us have to keep in mind that it is also very important to make a lasting first impression to our customers. Excellent customer service should also be on top of our priority list as it will make our investment all worth it.

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Defining Derivatives

Defining Derivatives

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A layman will only understand the term ‘derivative’ as something that is not from an original source. For economically adept people, derivative is understood as an option to invest on stocks, or buy shares at a specific value. Whatever definition a derivative has, there is only one understanding – it is of something that is acquired from something else.

There are different kinds of derivatives as far as economics

 is concerned. This will help any beginners to learn stocks and investment as each type can be used for a certain advantage. In a financial industry, a derivative may be forward-based, optional, or contracts for differences.

Forward Derivatives Explained

Forward derivative involves investing on a future business at a given time. This derivative is based on obligation so you can be bound to a contract as you are required to transact at a given time. This can be agreed upon by both seller and investor so the contract can also be cancelled. Since this involves long term investment, there is more flexibility in terms of time so you are able to analyze a business if it is worth investing for. There is no outright investment. Examples of forward investments are stock markets, insurance and many others. This type of derivative also can be traded to other type of transaction. This can be bases on the economic status of a business, exchange rated and many others.

 

Defining Optional Derivatives

In optional-based derivatives, an investor may engage into a certain transaction but it does not require any commitment. To simply define it, it is merely an option to invest and nothing else. An optional derivative can be used at a certain advantage since you can only invest on a transaction that you want. A good example of this is a call option. In this kind of investment, buying stocks can be acquired at a given value, on a specific time. This limitation can also be a disadvantage since it should be decided at the quickest time, wherein time can be limited in analyzing if it is a wise and profitable move.

Contract for Differences Basics

This type of derivative does not differ entirely from the forward-based one. It also involves future investments at a certain amount but no specific time. In short, this type of investment has no expiration. Usually, contract for difference can be bought and sold to your advantage. There are also certain obligations that you need to follow as per your investment, trade or selling options. The most common transaction of this derivative is cash-settled, which you need not to own physical properties. This can be a commodity, currencies and many others.

These are the three basic types of derivatives. Their own kinds differ in transaction and any beginner should learn all these three before planning to invest in any kind of business. In this modern world where everyone should be at par with the latest trends in business, it is good to go back to basics and refresh pertinent knowledge to gain more insights in investment and other business transactions.

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