First: International action
In the beginning, we will clarify what we mean by international actions, as follows:
- International action means transgressing the national borders of the mother country.
- Acts relating to more than one State, that is, acts across borders where we have a legitimate interest that we would like to see realized in the manner that serves the objectives of the enterprise in which it operates or operates.
- Transactions between individuals and enterprises from different countries.
- is a trade or investment between commercial enterprises in a country and related commercial enterprises in another country.
International business includes the transfer of goods, services, capital, technology, information, and supervisory and management systems from one country to another.
Second: International companies
These companies are interested in and participate in international trade or investment across the political and geographical borders of one country. International companies are characterized by the following:
1- The international and multinational companies practice their functional activities (production, marketing, finance, human resource management, etc.) outside the borders of the mother country.
2. The exercise of the activities mentioned in (1) involves many transactions and transactions involving the transfer of technology, management knowledge, services, goods and capital to other States.
3. The management of international and multinational companies is concerned with all organizational, administrative and technical problems related to the flow of capital, personnel, products and services to host countries.
4. The impact of environmental factors in host countries on the functional and managerial activities of international and multinational companies is usually more severe and sensitive than national companies, whether public or private.
Some management scientists distinguish between international companies and multinational companies and the international company, the first has a base in its home and the second takes more than the homeland of the third mother is not home to it.
Third: The concept of international business management
- is a continuous and comprehensive administrative process that aims to formulate and implement integrated business strategies and able to enable the organization to compete internationally efficiently and effectively.
It is one of the modern branches of business administration. This branch deals with different administrative functions, issues and practices on two levels, one of which is holistic and the other partial. The application environment varies from one country to another (or at least different from the environment of the country or the mother country of the particular company).
- Planning, organizing, directing, controlling and making decisions on international business.
From the above definitions, the following conclusions can be drawn:
1. International business management or management is one of the modern branches of management science.
2 - If the reality of variation and differences in the variables and characteristics of the environment from one state to another may require the need to adapt and adapt the practices for the completion of administrative functions and functional activities of multinational companies in accordance with the circumstances of each state, the principles and the foundations governing all of this one.
3 - The practices, functional activities and various administrative functions that are located in the Department of International Business Management are carried out at the level of the Organization or foreign companies and at the level of the State as a whole and between the host countries and the countries exporting investments that the study in the science of international business management combines the analysis at the micro and macro level Mic - Mac as well as at the level of international economic and political relations.
(2), (3) It is not a shame that new terminology in the field of management, such as the international manager, the international businessman, the international expert, the international companies, etc., has emerged, in addition to the emergence of many branches of international business such as:
(I) International Finance Department.
(Ii) International Personnel Management.
(3) international marketing.
(Iv) International production and operations management.