The report is about understanding the international business across the borders by various multinational companies. The respective company that has been taken in the report is VTB Bank, Russia wherein the current operating position that helps in understanding the SWOT analysis along with the issues that are faced by the VTB Bank.
The main aim and purpose of the report is to analyze issues along with the opportunities that are faced by VTB Bank in Russia and in other operating countries as well. The purpose of the report is to identify the control issues such as financial and accounting issues that can have great influence on the organization.
The conclusion is based on analyzing the key issues faced by the respective bank and implementing strategies relating to licensing and franchising that will help in resolving such issues faced by the bank. The recommendation would be proper implementation of strategies to increase the growth of the international business and increase globalization as well.