Tag: International:

Global Business Experience – International Consulting Projects #global #business

#global business

#

Combines a challenging business core and a liberal arts curriculum focused on reasoning and critical thinking skills

Master of Science in Finance

Deepen financial acumen through an innovative online program

The Georgetown McDonough MBA Programs provide a general management degree with a global view to both full-time and working professional students.

Executive Master s in Leadership

Learn organizational leadership and management strategy to become a change agent

Study MBA fundamentals in a format that matches the life of a fast-paced executive

The world is the classroom for this immersion into business, geopolitics, policy, and regulation

Master of Arts in International Business and Policy

Better understand the business frameworks and socio-political and economic issues that affect doing business around the world.

Gain business and management skills needed to flourish in the international economy

Global Business Experience – International Consulting Projects

“Many classes explore the possibility of offering advice to corporations abroad, but the Global Business Experience class offers a higher level of learning that
can only be reached when formulating and presenting your consultation to company executives.”
William Dean
(B ’16)

“My consulting project for 3M in Peru sharpened my skills in market research and segmentation analysis. I also connected with influential South American Executives who helped me advance my career.”
Marcela Giraldo
(Full-time MBA ’15)

“The most important fact my project has taught me is that an understanding of a countries cultural attitudes and historical background will unlock the mysteries of business in that country. This will help guide me in choices I make in the coming years as I do business in India, Iran and China.”
Alidad Arabshahi
(EMBA ’16)

Working in small teams, students partner with executives from multinational organizations to address complex business challenges. Prior to the trips, students collaborate remotely for several months. Then, they spend one week in the client’s country to present their final recommendations to the organization’s leadership. Full-time MBA students take the trip during the spring semester, and evening program students travel during the summer.

“Over the more than six months that we worked on the project, we were in regular communication with our host company in Seoul. Our hard work was validated when senior executives endorsed our findings and suggested that our recommendations would be incorporated into their Korean business plan.”
Caroline Decker
(EMBA ’16)

“Like in any country, doing business in India requires an understanding of its unique culture and society. The valuable experience gained from a week of living and working in Mumbai helped our team to deliver even more value to our client.”
Jeffrey Heo
(Full-time MBA ’15)

“My project with Shangri-La Hotels and Resorts was truly a transformative experience. It was exciting to work on a global brand and travel to
Hong Kong, and it also provided a real-world opportunity to learn about the Chinese consumer market.”
Amanda Bagwill
(Evening MBA ’15)

In 2015, Georgetown McDonough’s Global Business Experience sent our students to four continents to consult on 98 projects in various areas, including market entry, market development, communications, innovation strategy, competitive strategy, and global growth strategy.

Full-Time MBA :
Brazil, China, India, South Africa, Spain, United Arab Emirates – 47 projects

Evening Program MBA :
Hong Kong, Italy, Turkey – 24 projects

Executive MBA :
South Korea – 7 projects

Executive Master’s in Leadership :
South Africa – 7 projects

Master of Science in Finance :
South Africa – 7 projects

Undergraduate Program :
Spain – 6 projects

In the last 15 years, student teams have traveled to Prague, Rome, Buenos Aires, Lima, São Paulo, Tel Aviv, Istanbul, Beijing, Delhi, and Cape Town, among many other cities, working for clients ranging from small entrepreneurial companies to global enterprises, from public- to private-sector institutions, and from local to international corporations.

The experience doesn’t end with the trip abroad. After returning to campus, students collaborate to create a picture of how industries operate around the world. The students share their projects with their peers during a Global Business Conference.

Georgetown McDonough School of Business Faculty-Led Research Centers

The research entities at Georgetown’s McDonough School of Business leverage their location in Washington, D.C. to study the intersection of business and public policy, international affairs, financial markets and policy, and markets and ethics. Georgetown McDonough faculty members excel at solving critical business issues and defining best practices across a range of industries that will transform the world of business.

ABOUT GEORGETOWN MCDONOUGH EXECUTIVE DEGREE PROGRAMS

Georgetown University’s McDonough Business School offers world-class executive degrees, including the Executive MBA, Executive Master’s in Leadership, the Georgetown-ESADE Global Executive MBA, Corporate International Master’s and the Master of Science in Finance. Curricula focus on business, leadership and strategy from a global perspective. Georgetown McDonough executive degree programs help shape world leaders, who benefit from a distinguished educational experience at one of the world’s top business schools.

About Georgetown University’s McDonough School of Business

Founded in 1957, Georgetown McDonough is home to some 1,400 undergraduates, 1,000 MBA students, and 1,200 participants in executive degree and open enrollment programs.

The MBA Career Center offers a variety of career services to current MBA students and alumni. They provide students career guidance through career courses, career counseling, and hosting recruiting on campus, ultimately resulting in students securing the MBA internships and job placements they are seeking. Whether entering business school to learn how to change jobs, to advance within a particular industry, or to become an entrepreneur, Georgetown MBA students are prepared to achieve their career goals.





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International business etiquette in Europe – definition and etiquette tips #find #a #business

#business etiquette

#

Business Etiquette

International Business Etiquette definition and tips

Do you know the definition of Business Etiquette? Business etiquette is about building relationships with other people. Etiquette is not about rules regulations but is about providing basic social comfort and creating an environment where others feel comfortable and secure, this is possible through better communication.

Social media communication platforms (i.e. Facebook, Linkedin) are evolving rapidly day by day, as the concept of social media etiquette becomes a crucial part of business. Business etiquette consists of two things. Firstly, thoughtful consideration of the interests and feelings of others and secondly, being able to minimise misunderstandings. These are influenced by individual behaviour demeanour. Business etiquette instructs this behaviour.

Business etiquette differs from region to region and from country to country. This creates a complex situation for people as it is hard to balance the focus on both international business etiquette and other business activities at the same time. Therefore, a wise step is to focus on some key pillars of business etiquette.

Here are some key business etiquette tips that mean real success to business:

‘ Thank You ’ Note

If you want to differentiate yourself from others then never forget to write a‘Thank You’ note to your job interviewer or your client. This will leave a good impression and also reflect well on your company.

Give others respect by knowing their names which will increase goodwill and communication. it is also worth management stepping back and acknowledging people individually for their good work as this will enhance their self esteem and increase motivation.

Observe the Elevator Rule

Be mindful of saying appropriate things at a job interview or client meeting. Don’t start discussing business with a client or interviewer as soon as you step out of the lift. By doing so, you avoid the risk of damaging your reputation.

Focus on the Face, Not the Screen

Never forget to switch off your phone and try not to use any other device just to prove you are a multitasking individual. In fact, in the world of business this is considered bad manners. Concentrate on the meeting and listen to what people are saying.

Everyone is unique in their own way and uses a different approach to deal with situations. Therefore, if you disagree with another person’s approach instead of criticising try to understand it from their point of view. By doing so, you create a friendly environment. Always remember you get respect by giving respect.

Whether in business or between individuals, one concern is brand awareness. Individuals want to be noticed both socially and professionally. People want to be remembered by others.

However, in the digital landscape you have to be very careful when trying to pursue your brand awareness. Think carefully before doing. What we mean by this is that before creating a hashtag, posting on a Facebook wall or texting think how the other person will feel when they receive your message.

Character, Behaviour, Honesty

Your character reflects your individuality and your behaviour exhibits your personality. Business etiquette encourages revealing your positive qualities. This helps your reputation.

Always be honest and remember that it takes a long time to develop trust and a good reputation and only one small mistake to lose it. Business etiquette provides a framework for stating the boundaries of terms conditions, contracts and promises.

Sensitivity Diplomacy

A key pillar of business etiquette is sensitivity, meaning giving careful thought to every business aspect before making a judgement. This gives a strong foundation to your business. Also, thoughtless words and actions lead to a negative outcome. Being aware of business etiquette encourages careful thought.

Elements of business etiquette

Business etiquette instructs on you how to present yourself professionally in different cultures. The keys for making a good impression are dressing appropriately, your body language, presenting your business cards, gift giving, conducting meetings and many other important elements.





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International payment – supply chain management – Business Link #side #business #ideas

#business link

#

Business Link

Manage your cash flow more efficiently

  • Use your existing credit cards 1 to support and facilitate payment for imports instead of tapping into cash reserves
  • Take advantage of your card’s interest free payment terms and reward points 2 and utilise your potential early payment benefits
  • Free up your cash flow for other critical business needs.

Take the guesswork out of foreign exchange rates

  • Access competitive real-time exchange rates
  • Know exactly what a purchase will cost in AUD at the time of the transaction.

Management of your international supplier

  • Manage your international suppliers on 1 platform allowing you to manage and track the entire supply chain process between you and your supplier; keeping you updated at every stage with email notifications
  • Store all important documents at each stage from purchase orders and invoices to shipping and payment.

Secure payments

  • International payments are made securely via Business Link and processed by Westpac
  • Payments are deposited directly into the supplier’s pre-registered bank account without your sensitive credit card information ever being disclosed to the supplier.

How it works

Business Link is an end-to-end online platform that facilitates payment for international suppliers by using your existing credit cards 1 with access to competitive real-time exchange rates

The buyer applies for Business Link

The international supplier is invited by the buyer to apply for Business Link and join the buyer’s closed community with support in English and Mandarin.

  1. Buyer submits purchase order. The purchase order is based on the Buyer and Seller’s Agreement formed outside of Business Link.
  2. Supplier accepts purchase order. Supplier submits invoice, documents (Bill of Lading or Airway Bill) and payment claims.
  3. Buyer authorises secure payment via Westpac Business Link using the buyer’s credit card. 2
  4. Payment is sent to the supplier’s pre-registered account.
  5. Buyer receives the goods.

Business Link fee

Business Link fee (excluding GST)

  • 2.5% of each Australian dollar amount that is debited to the Card under clause 3.7(b) of Section B
  • 0.25% Business Link Fee (inclusive of GST) 2.75% of each Australian dollar amount that is debited to the Card under clause 3.7(b) of Section B

The services of other financial institutions or third party processing institutions may also be used to carry out an International Payment. In many cases, these institutions will impose payment or handling fees and charges and are beyond our control. Westpac will not be liable for any amount deducted by, or payable to, another financial institution involved in carrying out an International Payment.

Fees and charges imposed by other financial institutions or third party processing institutions may be deducted from amounts transferred to the Seller. If this occurs, this means that the Seller will receive less than the Payment Amount.

Card payment processing fee

Foreign currency conversion fee

Foreign currency conversion cancellation fee

If an International Payment does not proceed for any reason, or a Buyer amends or alters any of the details of that payment, Westpac will need to cancel the underlying foreign exchange contracts. As part of the cancellation process, it may sometimes be necessary to ‘unwind’ the underlying foreign exchange contracts used to lock in a Buyer’s International Payment rate. This will result in a Buyer’s International Payment being cancelled. A different or new rate will also be used in the cancellation process. Depending on market movements in the relevant foreign exchange rates, there could be a cost or gain arising as a result of cancellation. Westpac will pass on to the Buyer any such cost but may, at its discretion, decide to withhold any gains. Westpac will withhold gains if, for example, in its reasonable opinion, the International Payment was not amended or cancelled in good faith by the Buyer.

The amount of Australian dollars a Buyer will receive on conversion back into Australian dollars will depend on the prevailing Spot Rate of Exchange at the time Westpac effects a Buyer’s cancellation request.

We may charge you a tracing fee of $35 per request.

A Buyer may sometimes need to confirm the destination of an International Payment. Westpac can assist a Buyer by tracing the International Payment to confirm if it was deposited to the Seller’s account.

This service is available by calling Business Connect Now or your Relationship Manager.





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International Strategy – Innovation Design #profitable #businesses

#business models

#

What we do

We are an international strategy design company that helps corporate organizations, entrepreneurs and startups innovate their business model and design a strategy for the future through co-creation and visualization. Founded in 2009 by Patrick van der Pijl, producer of the worldwide bestseller Business Model Generation.

We are Strategy Designers and Creative Designers with a background in innovation, strategy and change management. We combine business and design in a new business model for consultancy.

MORE

  • Worldwide bestseller Business Model Generation: a handbook for visionairies, game changers, and challengers, written by Alex Osterwalder, produced by Patrick van der Pijl. 1 million copies sold.

    from our blog

    Like an annual design thinker s pilgrimage, each year Business Models Inc. team members descend on our Amsterdam HQ from across the globe to share experiences and ideas, work together on the global business, and co-create.

    Client Case

    “The aha moment for me was seeing 200 people all sitting together before me with a high degree of anticipation at the beginning of the Forum in Sydney I have never seen this group so animated and excited.”





    Tags : , , , ,
  • What Can I Become with a Master s in International Business? #free #business #directory

    #international business jobs

    #

    What Can I Become with a Master’s in International Business? After graduation

    A Master’s in international business is ideal for students who are planning to build a career in international business. Through this program, you can develop a variety of skills necessary to understand the global economy. It also gives you the ability to plan strategically for international operations and the capabilities required to execute those operations. A study programme in international business solely focuses on the area of international business.

    Career opportunities with a degree in international business

    With the massive growth of international business, there is a huge demand for individuals with an in-depth knowledge and understanding of global markets. This is one of the reasons why completing a Master’s or Bachelor’s degree in international business can open the doors for a series of career opportunities. Whether you choose to explore careers in the field of marketing or finance, you will be able to choose from a wide range of opportunities.

    If you choose to go in the marketing direction, international business studies can be useful to land a job as an International Marketing Manager. In this position, you will be required to oversee the marketing strategy of a company in the international market. Your job will involve analyzing the potential market and predicting the profitability of various products or services.

    The role of an International Finance Controller is popularly given to those who have completed an according specialisation in their international business programme and chosen to build a career in the field of finance. With this role, you will be dealing with various issues related to taxes, audits, accounts, regulatory compliance, and budgets. This position is typically the highest in the finance department for most companies.

    After completing an international business degree, you can even land the role of an International Banking Manager. Your job will be to oversee the international banking policies and objectives as well as initiatives of a financial institution. You will also have the responsibility of developing and maintaining banking services to clients in the global market.

    As a graduate in international business, you can also become an International Trade Manager. You will have the responsibility of overseeing every aspect of the trade negotiations and policies of an establishment be it a private firm or a government office. A Master’s program in international business will give you the necessary skills and knowledge to oversee contacts with important industry leaders and trade officials.

    5. Business development

    International business studies also prepare you for a career in the field of business development. You can become a Business Development Manager, which requires you to assess various marketing opportunities as well as the international target market. Your responsibility will be to evaluate a business to help it realize its full potential.

    Higher studies in international relations degree

    Once you complete a Master’s program in international business, you can even pursue a higher degree by enrolling in a doctoral degree program in the field. This degree will qualify you for more prestigious job opportunities such as the role of a CEO. You can even get into teaching at university level or get involved in research work.





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    International Business Jobs #sell #my #business

    #international business jobs

    #

    International Business Careers

    Our world now functions as a global marketplace, with multinational and multi-domestic corporations conducting operations across national borders and around the world.

    Business professionals with a global perspective and a functional focus are extremely valuable to companies with international operations and ventures as they look to remain competitive in the international marketplace, enter emerging markets, procure materials and components from abroad, and expand operations overseas.

    *International Relations Online delivers master’s degree programs from American University’s top-10 ranked School of International Service (SIS). These innovative, online programs give working professionals the chance to develop valuable relationships with classmates and build a foundational understanding of international relations principles that can be applied immediately to their careers.

    The professionals whose expertise and proficiency ensure successful global business generally fall into one of five domains of international business:

    • Global Business Management
    • Global Marketing
    • Supply Chain Management
    • Trade Finance
    • Legal/Regulatory Compliance

    International Business Careers By State

    Global Business Management Jobs

    International Business Development Director/Manager International business development directors/managers are senior-level business executives that identify and analyze the strengths and weaknesses of an international company and develop strategic plans to respond to both. They also define and deliver opportunities for their clients regarding new business partner relationships.

    International business development directors set goals to ensure a company’s growth and market share. They also oversee new product development and the implementation of strategic plans.

    International Human Resources Manager International human resources managers oversee all non-US human resources operations and foreign-based employees. These human resources professionals are responsible for ensuring the smooth operation of all aspects of daily operations. Their expertise allows them to interpret human resource policies issues for expatriates and provide guidance on host-country labor laws and other legal issues.

    Global Marketing Jobs

    International Marketing Director/Manager International marketing directors/managers oversee the global/regional marketing operations of a business and develop marketing strategies and entry plans to align with a company’s goals.

    The work of international marketing directors also includes:

    • Determining pricing structure in foreign markets
    • Overseeing advertising/promotion campaigns
    • Monitoring and assessing sales performance

    A similar profession is the exporting marketing representative, who develops and executes marketing plans and entry strategies as well as oversees promotion and advertising efforts through trade events and other types of media.

    International Sales Manager International sales managers oversee the global sales efforts of an international company by:

    • Setting and monitoring sales goals
    • Identifying prospective buyers
    • Negotiating price, payment, and delivery terms
    • Closing deals
    • Providing customer support

    Similarly, export sales representatives identify customer needs and solutions, contacting clients, making offers, writing proposals, and coordinating distributor networks.

    Market Research Analyst Market research analysts determine the best marketing strategies for an international company through research efforts. Their job duties often include conducting user needs surveys and assessing:

    • Global opportunities
    • Market accessibility
    • Competitors and competitive factors
    • End user segments
    • Distribution channels
    • Promotion media
    • Regulatory requirements

    International Trade Specialist International trade specialists are international business professionals that counsel business clients on the process of exporting goods or services overseas. This process includes providing their clients with country/industry market information, facilitating matchmaking, and serving as a liaison with overseas business partners.

    Supply Chain Management Jobs

    Freight Forwarder/International Shipping Specialist Freight forwarders, also often called international shipping specialists, assist exporters when preparing shipments for overseas delivery. Their work includes preparing the required shipping documents, arranging for the transport of goods, tracking goods to their final destinations, and taking possession of goods.

    Freight forwarders serve as valuable advisers to their clients, helping them decide how to best transport goods to certain areas of the world and calculating the costs involved with transporting goods to their destination. Most importantly, these international business professionals ensure that their clients comply with all import laws of foreign countries.

    Procurement Manager Procurement managers obtain and compare supplier information regarding price, quality, and delivery. These international business specialists also identify the best supply sources and prices and negotiate contractual conditions and prices with suppliers.

    Procurement managers also track the delivery status of procured goods and recommend new or alternate sources of materials and products for their clients.

    Global Trade Finance Jobs

    Trade Finance Specialist/Loan Officer Trade finance specialists advise clients on their payment terms and options and provide short- or medium-term financing to meet the needs of their international clients. Job duties of trade finance specialists include:

    • Identifying current trends in global exporting as to understand the risks involved with various payment methods
    • Evaluating international monetary policies
    • Examining foreign exchange markets
    • Forecasting foreign exchange rates

    Export Credit Insurance Specialist Export credit insurance specialists assess the political, economic, and commercial risks of entering into business transactions with foreign companies. They also enact company policies to protect against those risks.

    Export credit insurance specialists may work for private insurance companies and governmental export credit agencies, where they issue insurance policies as risk management products.

    Global Legal/Regulatory Compliance Jobs

    International Attorney International attorneys protect the rights of international traders and investors while minimizing their legal risks and complying with regulatory requirements. International attorneys often specialize in a specific field of international law, such as e-commerce, commercial law, or intellectual property rights.

    Their work includes performing legal research, advising clients of their rights and obligations, and taking appropriate legal action to protect their clients’ interests.

    International Accountant International accountants help clients manage their financial and tax records while minimizing their tax burdens from international trade and investment activities. Their work includes:

    • Assisting clients on budgetary issues
    • Advising their clients on the most cost-effective ways to conduct international affairs
    • Calculating their clients’ tax liabilities
    • Managing operating costs, expenditures, and income
    • Preparing financial statements
    • Conducting audits

    Import/Export Compliance Specialists Import/export compliance specialists ensure their clients are in compliance with all import/export laws and regulations. These international business professionals are also required to:

    • Assess licensing requirements
    • Apply for import/export licenses
    • Maintain comprehensive records of transactions
    • Investigate any non-compliance issues
    • Prepare voluntary disclosures and corrective action plans
    • Conduct compliance reviews and assessments




    Tags : , ,

    International business etiquette in Europe – definition and etiquette tips #new #business #financing

    #business etiquette

    #

    Business Etiquette

    International Business Etiquette definition and tips

    Do you know the definition of Business Etiquette? Business etiquette is about building relationships with other people. Etiquette is not about rules regulations but is about providing basic social comfort and creating an environment where others feel comfortable and secure, this is possible through better communication.

    Social media communication platforms (i.e. Facebook, Linkedin) are evolving rapidly day by day, as the concept of social media etiquette becomes a crucial part of business. Business etiquette consists of two things. Firstly, thoughtful consideration of the interests and feelings of others and secondly, being able to minimise misunderstandings. These are influenced by individual behaviour demeanour. Business etiquette instructs this behaviour.

    Business etiquette differs from region to region and from country to country. This creates a complex situation for people as it is hard to balance the focus on both international business etiquette and other business activities at the same time. Therefore, a wise step is to focus on some key pillars of business etiquette.

    Here are some key business etiquette tips that mean real success to business:

    ‘ Thank You ’ Note

    If you want to differentiate yourself from others then never forget to write a‘Thank You’ note to your job interviewer or your client. This will leave a good impression and also reflect well on your company.

    Give others respect by knowing their names which will increase goodwill and communication. it is also worth management stepping back and acknowledging people individually for their good work as this will enhance their self esteem and increase motivation.

    Observe the Elevator Rule

    Be mindful of saying appropriate things at a job interview or client meeting. Don’t start discussing business with a client or interviewer as soon as you step out of the lift. By doing so, you avoid the risk of damaging your reputation.

    Focus on the Face, Not the Screen

    Never forget to switch off your phone and try not to use any other device just to prove you are a multitasking individual. In fact, in the world of business this is considered bad manners. Concentrate on the meeting and listen to what people are saying.

    Everyone is unique in their own way and uses a different approach to deal with situations. Therefore, if you disagree with another person’s approach instead of criticising try to understand it from their point of view. By doing so, you create a friendly environment. Always remember you get respect by giving respect.

    Whether in business or between individuals, one concern is brand awareness. Individuals want to be noticed both socially and professionally. People want to be remembered by others.

    However, in the digital landscape you have to be very careful when trying to pursue your brand awareness. Think carefully before doing. What we mean by this is that before creating a hashtag, posting on a Facebook wall or texting think how the other person will feel when they receive your message.

    Character, Behaviour, Honesty

    Your character reflects your individuality and your behaviour exhibits your personality. Business etiquette encourages revealing your positive qualities. This helps your reputation.

    Always be honest and remember that it takes a long time to develop trust and a good reputation and only one small mistake to lose it. Business etiquette provides a framework for stating the boundaries of terms conditions, contracts and promises.

    Sensitivity Diplomacy

    A key pillar of business etiquette is sensitivity, meaning giving careful thought to every business aspect before making a judgement. This gives a strong foundation to your business. Also, thoughtless words and actions lead to a negative outcome. Being aware of business etiquette encourages careful thought.

    Elements of business etiquette

    Business etiquette instructs on you how to present yourself professionally in different cultures. The keys for making a good impression are dressing appropriately, your body language, presenting your business cards, gift giving, conducting meetings and many other important elements.





    Tags : , , , , , , , ,

    International payment – supply chain management – Business Link #business #courses #online

    #business link

    #

    Business Link

    Manage your cash flow more efficiently

    • Use your existing credit cards 1 to support and facilitate payment for imports instead of tapping into cash reserves
    • Take advantage of your card’s interest free payment terms and reward points 2 and utilise your potential early payment benefits
    • Free up your cash flow for other critical business needs.

    Take the guesswork out of foreign exchange rates

    • Access competitive real-time exchange rates
    • Know exactly what a purchase will cost in AUD at the time of the transaction.

    Management of your international supplier

    • Manage your international suppliers on 1 platform allowing you to manage and track the entire supply chain process between you and your supplier; keeping you updated at every stage with email notifications
    • Store all important documents at each stage from purchase orders and invoices to shipping and payment.

    Secure payments

    • International payments are made securely via Business Link and processed by Westpac
    • Payments are deposited directly into the supplier’s pre-registered bank account without your sensitive credit card information ever being disclosed to the supplier.

    How it works

    Business Link is an end-to-end online platform that facilitates payment for international suppliers by using your existing credit cards 1 with access to competitive real-time exchange rates

    The buyer applies for Business Link

    The international supplier is invited by the buyer to apply for Business Link and join the buyer’s closed community with support in English and Mandarin.

    1. Buyer submits purchase order. The purchase order is based on the Buyer and Seller’s Agreement formed outside of Business Link.
    2. Supplier accepts purchase order. Supplier submits invoice, documents (Bill of Lading or Airway Bill) and payment claims.
    3. Buyer authorises secure payment via Westpac Business Link using the buyer’s credit card. 2
    4. Payment is sent to the supplier’s pre-registered account.
    5. Buyer receives the goods.

    Business Link fee

    Business Link fee (excluding GST)

    • 2.5% of each Australian dollar amount that is debited to the Card under clause 3.7(b) of Section B
    • 0.25% Business Link Fee (inclusive of GST) 2.75% of each Australian dollar amount that is debited to the Card under clause 3.7(b) of Section B

    The services of other financial institutions or third party processing institutions may also be used to carry out an International Payment. In many cases, these institutions will impose payment or handling fees and charges and are beyond our control. Westpac will not be liable for any amount deducted by, or payable to, another financial institution involved in carrying out an International Payment.

    Fees and charges imposed by other financial institutions or third party processing institutions may be deducted from amounts transferred to the Seller. If this occurs, this means that the Seller will receive less than the Payment Amount.

    Card payment processing fee

    Foreign currency conversion fee

    Foreign currency conversion cancellation fee

    If an International Payment does not proceed for any reason, or a Buyer amends or alters any of the details of that payment, Westpac will need to cancel the underlying foreign exchange contracts. As part of the cancellation process, it may sometimes be necessary to ‘unwind’ the underlying foreign exchange contracts used to lock in a Buyer’s International Payment rate. This will result in a Buyer’s International Payment being cancelled. A different or new rate will also be used in the cancellation process. Depending on market movements in the relevant foreign exchange rates, there could be a cost or gain arising as a result of cancellation. Westpac will pass on to the Buyer any such cost but may, at its discretion, decide to withhold any gains. Westpac will withhold gains if, for example, in its reasonable opinion, the International Payment was not amended or cancelled in good faith by the Buyer.

    The amount of Australian dollars a Buyer will receive on conversion back into Australian dollars will depend on the prevailing Spot Rate of Exchange at the time Westpac effects a Buyer’s cancellation request.

    We may charge you a tracing fee of $35 per request.

    A Buyer may sometimes need to confirm the destination of an International Payment. Westpac can assist a Buyer by tracing the International Payment to confirm if it was deposited to the Seller’s account.

    This service is available by calling Business Connect Now or your Relationship Manager.





    Tags : , , , , , , ,

    International Strategy – Innovation Design #small #business #finance

    #business models

    #

    What we do

    We are an international strategy design company that helps corporate organizations, entrepreneurs and startups innovate their business model and design a strategy for the future through co-creation and visualization. Founded in 2009 by Patrick van der Pijl, producer of the worldwide bestseller Business Model Generation.

    We are Strategy Designers and Creative Designers with a background in innovation, strategy and change management. We combine business and design in a new business model for consultancy.

    MORE

  • Worldwide bestseller Business Model Generation: a handbook for visionairies, game changers, and challengers, written by Alex Osterwalder, produced by Patrick van der Pijl. 1 million copies sold.

    from our blog

    Like an annual design thinker s pilgrimage, each year Business Models Inc. team members descend on our Amsterdam HQ from across the globe to share experiences and ideas, work together on the global business, and co-create.

    Client Case

    “The aha moment for me was seeing 200 people all sitting together before me with a high degree of anticipation at the beginning of the Forum in Sydney I have never seen this group so animated and excited.”





    Tags : , , , ,
  • International business news #good #business #ideas

    #international business news

    #

    The New York Times

    Jes Aznar for The New York Times

  • Venture Communism: How China Is Building a Start-Up Boom

    The Chinese government is lavishing benefits like free rent and cash handouts on homegrown start-ups in an effort to move beyond the factory floor.

    New Balls, Please

    A factory outside of Bangkok cranks out millions of tennis balls. Here’s how they’re made.

    Gatorade Shakes Up the Sport Drink by Going Organic

    The organic version will be made up of seven ingredients, will come in lemon, strawberry and mixed berry flavors and will be sold in select markets this fall.

    Ireland to Appeal Tax Ruling in Apple Case

    The country’s cabinet unanimously agreed to fight the $14.5 billion decision, and politicians are expected to debate it next week.

    Samsung’s Recall: The Problem With Lithium-Ion Batteries

    The type of battery used in Samsung’s recalled smartphones is lightweight and powerful, and it has a troubled history.





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