MGCR 382 Lecture Notes - Lecture 2: Offshoring, Foreign Direct Investment, Richard Florida
1 Feb 2017
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Document Summary
What is globalization? the widening set of interdependent relationships among people from different parts of a world that is divided into nations. Interdependence may involve economic, cultural, political, and/or technological dimensions. The term sometimes refers to the elimination of barriers to international movement of goods, services, capital, technology, and people that influence the integration of world economies. International business consists of all commercial transactions - including sales, investments, and transportation - that take place between two or more countries. Increasingly foreign countries are a source of both production and sales for domestic companies. World is flattening and shrinking due to. Economic landscape has steep peaks & the web and internet. Flattening increases opportunity & intensifies global competition. Lower logistic costs increasing global value chains valleys. Uneven distribution of population (shown by uneven luminosity seen from space, urban-rural disparity) Inbound operations outbound logistics marketing & sales service outcome. Operations: admin side, making the team, playing.
