QUESTION3: INFLUENCE OF LEI ZHANG ON THE DEVELOPMENT OF YEE CALL

LEI ZHANG WAS EXTREMELY CLEVER WHILE STRARTING THE YEEE CALL BECAUSE OF
HAVINGPREVIOUS START UPS EXPERIENCE HE HAD ALREADY KNEW WHCH PATH TO CHOOSE.THE
WAY HE TARGETED THE CUSTOMER GROUPS WAS A VERY CLEVER DECISION AND AND FINALLY HE
SLOWLY EXPANDED THE BUSINESS IN A SMART WAY IN AFRICA AND MIDDLE EAST TERRITORY WHICH
GIVE BOOST TO THE COMPANY FOR BEING SUCCESSFUL.

THE NATURE OF INTERNATIONAL ENTREPRENEURSHIP:

INTERNATIONAL ENTREPRENEURSHIP IS THE PROCESS OF AN ENTREPRENEUR CONDUCTING

BUSINESS ACTIVITIES ACROSS NATIOANAL BOUNDARIES.
INVOLVEMENT OF TWO OR MORE COUNTRIES
COMPARITIVE MORE RISK
GOVERMENT INTERVENTION
PAYMENT IN FOREIGN CURRENCY
DIFFERS FROM DOMESTIC BUSINESS
LARGE SCALE OPERATIONS MANAGEMENT
INTERNATIONAL RESTRICTIONS

DIFFERENCE BETWEEN NATIONAL AND INTERNATIONAL ENTREPRENEURSHIP

Difference between Domestic Business and International Business :
01.Domestic business refers to the business where economic transactions are conducted within the
geographical boundaries of the one country.International business refers to the business where
economic transactions are conducted across border with several countries in the world.

02.In Domestic business buyer and seller belong to same country.In International business buyer and
seller belong to different countries.

03.Domestic business is limited to territory. International business is quite wide.

04.In Domestic business selling procedure remain unaltered. In International business selling
procedure changes.

05.Quality of product or standards may be lower. Quality of product or standards are expected
and enforced.
06.In domestic business it is very easy to conduct business research. In international business,
business research is very expensive and hard to conduct.
07.It deals with single currency. It deals with multiple currencies.
08.In domestic business capital investment is less.In international business capital investment is huge.
09.There are few restrictions on domestic business.There are a lot restrictions on international
business.
10.The nature of customers in domestic business is homogeneous.The nature of customers in
international business is heterogeneous.
11.In domestic business the degree of risks are low. In international business the degree of risks are
high.

QUESTION 2:
WE CHAT HAD ALREADY A STRONG PLATFORM IN CHINA SO LEI ZHANG THOUGHT IT WOULD BE LOSS
PROJECT TO COMPETE WITH WE CHAT

FROM THE BEGINING YEE CALL HAD THE TOUGH COMPETITION WITH SKYPE AND FACETIME .IN
ORDER TO COMPETE WITH THEM LEI ZHANG AND HIS TEAM ADDED SEVERAL FEATURES TO THE APP
BUT RESULTED IN NOTHING.
THEN YEE TARGETED THE MIDDLE EAST AND NORTH AFRICA FOR HAVING THE MARKET OF MIGRANT
WORKERS WHICH WAS HUGE BUT BECAUSE OF 2G CONNECTION AMONG THOSE COUNTRIES SKYPE
AND FACETIME HAD A VERY POOR RESULT SO LEIZHANG WORKED ON 2G CONNECTIVITY OF YEE CALL
AND STARTED TO FIND THE RESPONSE FROM YHE PEOPLE HE TARGETED .WHERE SKYPE NEEDED HIGH
SPEED INTERNET BUT YEE CALL CAME AS A NEW TECHNOLOGY IN FRONT OF HE PEOPLE AS A NEW
PLATFORM .
THOUGH YEE CALL SUCCEDED THROUGH ONE YEAR , MANSTREAM WHATS APP CONQURED THE 2G
HIGH TECHNOLOGY AND DELIVERED HIGH QUALLITY AUDIO CALLING SERVICE TO THE CUSTOMERS.

QUESTION1: THE BORN GLOBAL FIRM

A YOUNG ENTREPRENEURIAL COMPANY THAT INITIATES INTERNATIONAL BUSINESS ACTIVITY VERY
RARELY IN ITS EVOLUTION, MOVING RAPIDLY INTO FOREIGN MARKETS.
BORN GLOBALS AND SME’S------
ARE OFTEN MORE INNOVATIVE ,ADAPTABLE,AND HAVE QUICKER RESPONSE TIMES
ARE BETTER ABLE TO SERVE NICH MARKTS
LEVERAGE THE INTERNET TO DO INTERNATIONAL BUSINESS
TEND TO MINIMIZE FIXED COSTS AND OUTSOURCE, DUE TO LIMITED RESOURCES
HOW YEE CALL BECAME SUCCESSFUL
THE YEE CALL COMPANY BASICALLLY TARGETED THE MIDDLE EAST AND SOUTH ASIA MARKET WHERE
LOTS OF MIGRANT WORKERS WERE WORKING AD THEY NEED TO STAY CONNECTED WITH THEIR
FAMILIES .THATS WHY YEE CALL WAS SPECIALLY DEVELOPED FOR 2G VOIP INTERNET CALLING WHICH
GIVE THE COMPANY A HUGE SUCCESS. LEI ZHANG HIT UPON ACUNNING PLAN BY LEAVING THE
EUROPEAN MARKET BECAUSE SKYPE AND FACETIME WERE ALREADY HADSTRONG POSITION AND LEI
ZHANG TARGETED THE MIDDLE EAST WHERE SKYPE DID NOT WORK WELL UNDER 2G CONNECTION..
BY THIS WAY LEIZHANGS IDEA CAME OUT TO BE SUCCESSFUL AND YEE CALL BECOME PROFITABLE .