International Business
International Business
International Business
Name
Institution
Course
Date
International Business
The presentation which was done by the CEO of Global Seven was exemplary. The
presentation touched on the commitment of the European Union to support the member states to
improve the levels of investment and create more employment opportunities. The presentation
highlights the agreement the EU commission has with Portugal starting the year 2014 all the way
to 2020. The partnership will oversee Portugal receive 25billion Euros to stimulate employment
and growth through investment. The funding is one of the general roles that the European Union
commission plays to the member states to help them meet their millennial goals and objectives.
The Portugal 2020 is a long time millennial project that is meant to bring about social inclusion
the sustainability of the economic growth in the country. The member states, therefore, enjoy the
ultimate support from the union differently by funding and the enabling environment to carry out
The commission is committed to the protection of the economic policy that Portugal has
undertaken and plays a significant role in overseeing the implementation of Portugal 2020
project. Through international business, the commission can offer Portugal the global market
approach and the territorial, social and economic cohesion by providing the funding and
investment forums for the country. The issue of the presentation was the contribution the
European Union is making to her member state to achieving one economic block and
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maintaining benefits to individual countries. The display indicates the interest of the Portugal
20202 project that the country will enjoy in the long run.
The presentation also identifies the different steps in entering the international business.
There are definite steps to follow for investors who have the capacity and for those who do not
have the ability are given the option of funding. International business requires a high entry that
will consider different economic situations to ensure proper preparation and sustainability. The
strategies to enter global business are well indicated by the Alex Jaleco presentation. Jaleco
shows even funding is possible to provide an entry that grasps the international market share.
First one has to ensure they are well prepared for the entry to the international
development. Preparation requires the idea to be well founded on a business approach and meets
international standards needed. The second strategy is an application through the European
Union that is followed by the company formation and consideration by the Commission. The
procedure that follows is the research and development program together with funding. The
research and development will identify a viable international business and the areas where the
business can do great. After the research and development, the entrepreneurship program will
follow where the expenses in entering the international business are highlighted. The decision-
making process follows and then certification. The certificati0on is done after the consideration
of eligibility of a company by the European Union. The certification ensures the business can
operate in the member states of the EU. After the certification, the internationalization strategy
takes place, and the business is operational in the member states of the EU. The international
business strategies are well presented, and the strategy the EU provides for the established and