For example, in China, if anybody searches relevant key word of product on Baidu, Google or Taobao, the relevant product advertisement searched will appear when related alliance network station being entered. The business is based on big data information processing. Internet finance is a new kind of model based on payment, cloud calculation, social internet & search engine and APP etc internet tools. Nature has always disrupted business. 1 Google "Economic Impact" 2019. As an important tool of international business, internet is becoming a leading role in both business increasing and marketing developing with its users fast growing. It is showed that internet is widely used in worldwide. Global Business Environment Factors Affecting Myanmar 1153 Words | 5 Pages. The emergence of global media and internet technologies means that businesses are now . Then besides newspaper and magazine, broadcast became as a new marketing and business development way happening. Through business model like C2C and B2C, the price of goods is very transparent. In America, … In conclusion, internet is changing our world a lot. And the trend is displaying growth ongoing as Figure 2 showed [7] - [10] . This kind of business is protected in developed countries. Global mobile users’ situation. The concept of punctuality can also differ between cultures in an international business environment. And the ration of this kind of international business through internet which occupizes ration of worldwide grand total retail business revenue will increase from 7.3% in 2015 to 12.4% in 2019. Recent international legislations and proposals, such as the UN’s Sustainable Development Goals , have put environmental issues at the forefront of international business development. The data shows that definitely there is something to help world economy develop more rapid and more efficient in recent several decades. This kind of C2B model will lead to the product direct delivery to overseas consumer through online platform. Because people could easily buy and sell through the transportation tools development even if the distance is over 1000 km. Scientific Research Printing Machine Lead to Paper Information. These parts all belong to modern service industry. Cisco believes that cities will want to use data and cloud technology to help promote efficient city management and communication. Copyright © 2020 Elsevier B.V. or its licensors or contributors. Table 1. Internet has changed the past role of strategy and competition. With internet wide application in business and among people, internet is both affecting our business greatly and changing the weight portion in our business. With internet development, the link among people is very tight. General business model pattern. Comparing to traditional marketing model, internet affects a lot in business and economy radically. Based on theories of intercultural business communication and recent empirical studies, this article investigates how communication styles influence Web site design and content. In 2015, the number grows to 44%. The definition of global business environment is multiple sovereign nations outside of the organization's home environment influencing how the organization makes decisions for how to use its resources. This leads to the real price range being got to everyone. According to Gartner, Inc., the number of interconnected devices in 2016 will jump 30 percent to 6.4 billion in common use, and more than double to 13.5 billion by 2020. So we can easily find though business results could be described by customers, revenue and profit, the root factors include leads, conversion rate, number of transactions, average selling price and margin actually. Credit becomes most important thing to everyone. In the past few years PwC has noticed that its clients are identifying and changing their strategies because of these megatrends. Copyright © 2020 by authors and Scientific Research Publishing Inc. With more and more make-up such as post, telephone, railway and automobile etc, retail business men used mail-order list way to promote products. Global business environment can be impacted by many factors that cross country borders. 2. The worldwide disruption caused by the COVID-19 pandemic has resulted in numerous effects on the environment and the climate.The global reduction in modern human activity such as the considerable decline in planned travel was coined anthropause and has caused a large drop in air pollution and water pollution in many regions. Figure 1 has showed some factors effect to us. With the rapid development of internet, the paper distinguishes the traditional business model from future business model development. Therefore Cisco is positioning itself for thi… In general business model, 1 to 1 management method could be used and try best to meet customer need [16] . Businesses affect the local environment - both natural and social. Internet has many advantages including good interface, near customers need, fast upgrade speed, precise marketing, quick response to customer, low cost, online service, etc. With telephone technique break-though, a new marketing automobile combining with telephone happened. Customers needn’t arrive at the exchanging site. Discover up-to-date information about the impact of COVID-19 on global industries, and learn how countries are stimulating domestic economies. Discover up-to-date information about the impact of COVID-19 on global industries, and learn how countries are stimulating domestic economies. With the railway and telegraph, business development and marketing faced a huge jump. With internet, we have to do many reforms [3] . organisational forms in global business environment, family businesses have been drawing attention among management scholars with a strong focus especially on “succession, performance, and governance” of these companies (Astrachan & Shanker, 2003; Zahra & Sharma, 2004). It is shown as Figure 1. 5.1. This decided the marketing spreading scope. For a long term, free would be an issue to any vendors. In China there are 400 to 500 million WeChat active users monthly [17] . However, with the internet application, the customers have opportunity to participate in the loop of production. Corresponding Author. Copyright © 2006-2020 Scientific Research Publishing Inc. All Rights Reserved. In 2015 global mobile number had hit the number of world population. Looking back to recent over 100-year history, GDP number in the world changed greatly in different population period. Last year, Google's search and advertising tools helped provide $385 billion of economic activity for millions of businesses, publishers, nonprofits, creators, and developers nationwide. In 1985, National Science Foundation (NSF) of USA created NSFnet among universities. With internet plus time coming, international business will be related to internet tightly in current time and future based on internet characteristics. The part is an additional incremental quantity to trade. Brad Sugars in his Instant Leads summarizes the general business model pattern. However, the risk of supervision is actually low in developed countries and region of the world. For example, customer relationship management or CRM is widely used in business management. With internet development and high technique progress, more and more new application will be installed. However, if we analyze from Figure 1 carefully, it is easy to find that these key parameters-customers, revenue and profit do not exist in isolation. In general business model, MBO or management by objective method is often used. Different ideas of what constitutes being “on time” can often lead to misunderstandings or negative cultural perceptions. We use cookies to help provide and enhance our service and tailor content and ads. Comparing to traditional finance, it has many characteristics like strong transparency, high participation, good cooperation, low cost and easy operation etc. With the internet huge and rapid growth today, to some extent, the customers relevant to internet represent business new growth and development especially in international business. With the rapid development of internet, the paper distinguishes the traditional business model from future business model development. If we want to get more customers in business, we should increase both business leads and conversion rate. And the international business with internet could be run easily. Her business has been very successful, but she believes she has tapped out of her domestic market. However, in the following second 50 years, world GDP increased very fast and arrived at 31075 billion USD in 1999 which was almost 30 times comparing to the number of 1950. The relevant analysis could be done briefly. After that in 1994 to 1995, NSFnet was changed to be used as business objective [1] . Under the internet plus influence, B2B will be globalized totally. As the environmental risks and effects of climate change are becoming better understood, sustainability is high on the agenda of many major global corporations. One is low cost enough. Some of the risks of globalization include: Interdependence : Interdependence between nations can cause regional or global instabilities if local economic fluctuations end up impacting a large number of countries relying on them. 5.1.1. International Business Based on Internet Is the Newest Development Trend of International Trade. The paper compares the situations of world economy development in past 100 years briefly. The Internet economy will evolve substantially over the next ten years, fueled by innovations in technology and business models. Business needs to remain deeply embedded in society to positively affect it. In fact long tail model needs two preconditions. We also look for ways to help local communities benefit from our presence, contributing in areas such as supporting new businesses, improving road safety or access to energy. In 2010, worldwide internet penetration rate is 29%. The basic internet structure appeared on roughly 50 years ago, it gave us a business platform. ScienceDirect ® is a registered trademark of Elsevier B.V. ScienceDirect ® is a registered trademark of Elsevier B.V. The relevant investment is almost zero. Internet is a milestone to the world and international business. 3.1. Fast Growing on Internet Users Leads to More Business Potential and Development. However, transportation speed limited the information spread. Published by Elsevier Ltd. https://doi.org/10.1016/S2212-5671(14)00654-6. The Global Brain The Internet of Things is already here and, by 2020, over 30 billion devices will be connected. The United Nations predicts that urban populations will grow by 72% in 2050. The Parameters to Describe General Business Model. Over time, this has proved to be not only viable electronic alternatives, but also extremely profitable alternatives, of the traditional way of doing business or commerce. Since it is very convenient, the number of transactions could be improved easily in general business model. On 11 May 2017 the Internet Society and Chatham House convened a roundtable discussion, held under the Chatham House Rule, at which a culturally and geographically diverse set of participants examined questions relating to how the Internet affects social norms and societies as a whole, as well as its impact on people’s daily lives. As the Internet’s evolution over the past two decades has demonstrated, such work must include helping to nurture the development of a healthy Internet ecosystem, one that boosts infrastructure and access, builds a competitive environment that benefits users and lets innovators and entrepreneurs thrive, and nurtures human capital. The relevant business model is customer to business (C2B). But it generates big emissions - and it isn't just because of the fossil fuels used in home delivery vehicles. However, in developing countries and region of the world, though the international business with internet is growing fast there are many issues on credit. Even to traditional express delivery and logistics delivery, the IT system will be needed. The manufacturer decided what kind of product being made. When setting up business objective, SMART method is often used. 4.1.1. Try … The report will give insight into the demographics … There is nothing like internet speed and wideness which could make us dizzy. Learn more at g.co/economicimpact. In the past half century, through TV, product list, voice based on wireless and creative advertisement combining together, more and more potential customers and business leads could be reached and got. So the customs inspection is simple. 3.1.1. However, the relevant management key point is cost. And internet can be instant and global [5] . Today few big businesses can afford not to have an internet site to advertise and sell their wares. Firms operate in a particular context and they are influenced by and are able to influence this environment. Now there are many methods on payment. Glance about World Economy from the Beginning of Last Century. Internet Changes Traditional Marketing Model in Business and Economy Radically. As an important tool of international business, internet is becoming a leading role in both business increasing and marketing developing with its users fast growing. The cause of rapid development of international business based on e-commerce is related to the unique advantage of its business model. The market is quite big and ongoing internationally. Roughly one century ago, automobile appeared. So internet is not everything. The key point is through internet people could dig all current industries again. The reach and influence of social media is a treasure in the business and trade industries, where the need to engage and persuade the market is of top priority. 7. Thus the customers could be served more efficiently and effectively. #GrowWithGoogle The abrupt halt of global travel during the COVID-19 crisis, aside from delaying personal trips and vacations, has had a major impact on businesses across sectors. Traditional big amount business was changed to small amount, more deals and fragment business. In this article, PricewaterhouseCoopers (PwC) has identified five megatrends that are changing the business environment. The internet is reshaping public and private sector structures, creating new markets for business. The resellers need to take the risk every time. Pandemics top national risk-management frameworks in many countries. In the mobile internet era, new customers, new market and new value could be created through internet plus new channels, new ways and new applications. This kind of international business has its own characteristics. Why world economy grows so fast especially in past 50 years? It is hypothesized that, for the global audience, Web sites from low-context communication countries are easier to find, use colors and graphics more effectively, make navigation more user-friendly, contain … And the final number of customer is decided by both leads and conversion rate. Internet is only one of tools to improve marketing, international business and economy. The reality is very different: the global information & communication technology (ICT) ecosystem actually has a huge environmental impact. And remained part could become the discount of consumer. World Economy and International Business Will Be Influenced Deeply by Internet plus. 3.1.4. But based on the characteristics of internet, business management whatever selling process, marketing, product, SCM and service etc should be improved. Thus business development is easier. This definitely could lead to the margin improvement in general business model. And the number will go on growing. The method had been used today. 4.2.2. Business is no longer local, regional but international. of this report is to evaluate how a range of global business environment factors affect Myanmar, also known as Burma. 3.2. TNCs and global risks in international economics environment Dramatic increase of foreign direct investment (FDI) flows as well as the growing power of corporations, which can be seen on their market power or global strategies raise legitimate concerns that many countries will be exploited by TNCs. Recently the CRM solution based on sales cloud of salesforce.com had made great progress in this area. For example, pandemic influenza tops the natural hazards matrix of the UK National Risk Register, and emerging infectious diseases are tagged as of considerable concern.Seen as a medical problem, each outbreak of a potentially dangerous infection prompts authorities to ask a rational set of questions and dust off the … As the environmental risks and effects of climate change are becoming better understood, sustainability is high on the agenda of many major global corporations. Therefore, culture, which is manifest in behavioral norms, hidden assumptions, and human nature, each occurring at a different level of depth, has profound influences on international business. This is a consumer driven business. The company's operating situation depends on both external and internal factors. In future, only with high quality and fast delivery capability companies like Amazon, E-bay, Fedex, JD, SF could survive very well. 2 Google Internal Data, includes direct connections between businesses and customers across Google free and paid products. American Journal of Industrial and Busin... University of International Business and Economics, Beijing, China, Beijing 101 Middle School, Beijing, China, Creative Commons Attribution 4.0 International License. 3.1.2. In order to understand world economy in history, world GDP situation and population in the world could be as important parameters to show easily. This is the initial marketing and brand. The product which has outstanding end user experience will take the cake. The key point of supervision should be in developing countries and region of the world. Information can be spread through published papers. These rules can regulate goods volume, individual logistics, packing list and invoice and etc so as to avoid to heavy domestic market impact. After that with TV appeared, the golden time of marketing was coming. A vital quality for marketers in the fast-changing digital environment is curiosity, rather than any specific technical knowledge, said Adobe digital marketing director John Watton. The game rule had been totally changed [4] . Business and the environment The business transformation process does not take place in a vacuum. After financial crisis of 2008 the income of consumers grew very slowly. In internet plus time, with the development of internet, internet of things (IOT), mobile internet, big data and cloud calculation technology etc., e-commerce grows very rapidly. And successful business development will be connected with the sustained influence trend of internet in the future. More leads, more potential customers and prospects in business. 5.1.3. 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