Explore BrainMass
Share

International e-commerce and the intranet

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

How do companies like eBay, Amazon, and Expedia manage exchange rates in e-commerce?

How can an intranet be modeled to be globally integrated but locally responsive? Any real world examples?

© BrainMass Inc. brainmass.com October 25, 2018, 7:06 am ad1c9bdddf
https://brainmass.com/business/e-commerce/international-commerce-intranet-490897

Solution Preview

The response addresses the queries posted in 618 words with references.
//One of the various challenges of e-commerce is to mange multiple currencies in which payment is received from customers by an e-commerce company. The following section will help in gaining insight into the methods applied by companies like eBay, Expedia and Amazon in managing exchange rates.//

Managing multiple exchange rates is one of the primary challenges faced by electronic companies, like Amazon, eBay, Expedia and others. Large retailers like them do business in almost all parts of the world. They are global businesses, and have made their products and services available to almost everybody in the world. In order to do this, it becomes necessary for e-commerce companies to integrate their business with appropriate technology, so as to manage multiple currencies (Bandopadhyaya, Gotti & Lu, 2010). Whenever an order in other currency is received by a company, it needs to be converted immediately into the base currency of the company.

Managing multiple currencies is ...

Solution Summary

The response addresses the queries posted in 618 words with references.

$2.19
See Also This Related BrainMass Solution

Project for International Business Law and Practices Guidelines

Project for International Business Law and Practices Guidelines - Magid Glove and Safety, LLC

See attached

Guidelines on Feasibility Report of International Business Law and Practices for the international expansion of your chosen company.

---------------

The company selected is Magid Glove and Safety, LLC. The company's headquarters are located in Chicago, Illinois. The organization manufactures personal safety gear for manufacturing. Magid already has an international presence, with locations in the Philippines, Mexico and Canada. For this assignment, the organization will expand to Korea, Brazil and The UK. Among the company's product lines are gloves in leather, rubber and a variety of other Materials; raingear, disposable wear, welding gear, chemical protection and high visibility gear. Back supports, knee supports, body harnesses and protective eyewear are some of the additional offerings. Workplace safety is a concern in most countries and various manufacturing facilities relied on different types of equipment to keep workers safe. Other organizations need to become more compliant and will need products that help them comply.

Assignment: Course Project Task I
Select a Company
You should select a company to work with for this project. You can use your current employer or another company that you can access easily. For the purposes of this project, you are now the Director of International Compliance, charged with the task of creating guidelines for international business law that can be used by your company's employees.
Once you have selected your company, select at least three countries that your company currently does business with or plans to do business with. Your company may or may not actually do business with multiple countries, but for the purposes of the assignment, you should select at least one country in Asia, one in Europe, and one in Central or South America. For example, you might select China, Germany, and Brazil.
Next, think about the company you have selected and how it is structured. Assume that international business transactions are critical to the profitability and survival of your company. Consider how ethics and culture affect transactions with your international business partners and the strategies you should consider when entering those markets.
Develop and deliver an outline that:
? Identifies areas of international business law and practices and the information needs of your company. Although Module 1 does not cover all of the topics, the course overview, textbook, and information obtained from your company will help you develop the topics to be included in your outline.
? Includes the names of the functional areas or departments in your company that should be the recipients of this information and explain why they should be included.
Write the outline in a Microsoft Word document. Please use more resources (references).

Assignment: Course Project Task II
Research the Dispute Process
Research the dispute process and the requirements for the country you selected in Module 1. Explain the dispute resolution methods used in that country. Analyze the risks and benefits of each type of dispute resolution. In addition, evaluate how a U.S. Company's strategy or the company you have selected should be formulated to provide the most benefits with the least amount of risk.
Present the dispute resolution process by providing an overview of how disputes are handled and then providing specific instructions and legal requirements for your primary country you selected. If there is a preference or aversion to any type of dispute resolution, explain the type and analyze reasons behind the preference or aversion.
Evaluate how e-commerce affects your company. You can consider the following questions:
? What are the benefits and risks of e-commerce for your company?
? How should your company prepare for the risks?
? Which departments are affected by e-commerce?
? What information will be important for employees to know when conducting international transactions by e-commerce?
Show your research on alternative dispute resolution and e-commerce. Include links, references, and sources you have used and follow the proper guidelines for citing legal texts. Also provide a statement regarding which specific topics related to your research would be appropriate for inclusion in the International Business Law and Practices Guidelines document you are developing. Provide a rationale for your decisions.
Present your work in Microsoft Word document format. Please use more resources (references).
Note: With the increased ability and popularity of conducting business electronically, you may find that it affects topics covered in subsequent modules. Consider adding an e-commerce component to each segment of your final guidelines to demonstrate its impact on various transactions as it applies to that topic. Make note of any pending regulations or laws that could affect your company in the future.
At this time, it is acceptable if your information is more technical and not organized in the way you will ultimately present it finally. You will have time to move pieces around and to get better ideas of how you want to arrange the information over the course of your module-wise research.
Don't forget your audience. Not only does this project contain guidelines for use by the company, but it can also be a teaching tool. Even though each section may not apply to each employee, each topic should contain a short summary of the topic so that employees will have some knowledge of the issue even if it does not apply to them.

Assignment: Course Project Task III
Evaluate the Affect of International Trade Regulations
You will evaluate the affect of international trade regulations as well as U.S. import/export regulations on your company's business transactions. If your company trades goods or services with another country, there are laws that regulate the import and export of goods. Analyze the following regulatory issues that affect your company:
? How do U.S. import and export laws affect your company?
? Which departments play a role in imports and exports?
? Are your imports subject to duties, free trade agreements, or other regulations?
? Do your exports require licensing?
? Are there any restrictions on your company's imports or exports?
? What are the consequences for failure to follow import and export regulations?
? What is your company's policy on compliance with U.S. import/export laws?
? Make note of any pending regulations or laws that could affect your company in the future.
Now, analyze the following import/export requirements of the three countries you have selected:
? Who is responsible for ensuring that your company and any overseas branches, divisions, subsidiaries, or other related parties comply with the regulations of each country?
? What regulations affect the import and export of products for that country or countries?
Show your research on trade regulations. Include links, references, and sources you have used and follow the proper guidelines for citing legal texts. Also provide a statement regarding which specific topics related to your research would be appropriate for inclusion in the International Business Law and Practices Guidelines document you are developing. Provide a rationale for your decisions.

View Full Posting Details