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International Enterprise
Up one levelInternational enterprise is a term used to collectively describe topics relating to the operations of companies with interests in several countries. Such firms are sometimes called Multinational Corporations (MNC's). Points of discussion within this topic may include cultural considerations, which may itself include differences in law and legal systems, language barriers, living standards, climate and more. These have to be overcome for a MNC to be successful in an overseas venture.
A form of company in international enterprise is an IBC. An IBC (international business corporation) is a form of offshore company. IBCs include banks, insurance companies, and trading companies.
MNCs generally have a subsidiary or an interest over a company in the country of venture.
One of the results on the increasing success of International Enterprise ventures is what is commonly referred to as Globalization.
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