BUSMHR 2000 Lecture Notes - Lecture 1: Doha Development Round, Kantian Ethics, Economic Union
1 Dec 2016
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Document Summary
International business: any business activity that involves the transfer of resources, goods, services, knowledge, skills, or information across national boundaries: conducted by individuals, companies, government bodies, international institutions. Governments will buy weapons and other resources from other countries; currencies. United nations, nato: exports and imports. Intangibles such as services and licensing: international investments. Do not have right to control day to day management of investment. Invest enough to give property rights to control how the resources are managed. Currency, inflation, interest rates, accounting practices, cultures, social customs, laws, political stability: firm-level dynamics: Communication, coordination, motivation, differences in organizational principles and management philosophies. Multinational enterprise: a firm that engages in international investments: also known as mnc, tnc, or multinational firm. Subsidiary: a branch of mne operating in a foreign country. Home country: country in which the mne is headquartered: country from which international business activities are controlled.
