GMS 200 Chapter Notes - Chapter 5: North American Free Trade Agreement, Most Favoured Nation, Multinational Corporation

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bluejackal172

15 Apr 2011

School

Ryerson University

Department

Global Management Studies

Course

GMS 200

Professor

Shavin Malhotra

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GMS 200 Full Course Notes

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International management and globalization: global economy: resources, markets, and competition are worldwide in scope, globalization: the process of growing interdependence among elements of the global economy. International management: involves managing operations in more than one country: global manager: culturally aware and informed about international affairs. Europe: european union: a political and economic alliance of european countries, euro: the common european currency. The americas: nafta: the north american free trade agreement linking canada, the united. States, and mexico in an economic alliance: maquiladora: foreign manufacturing plants that operate in mexico with special privileges. Asia and the pacific rim: china and india becoming powerhouses, similarities: economies that are growing at more than three times the average rate of other industrialized countries, big populations, asian countries represent a third of the global marketplace. Africa: experiencing economic recovery, good resources, outsourcing www. notesolution. com. International business: conducts commercial transactions across national boundaries. Why companies go international: profits, customers, suppliers, captial, labour.

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All of the following are political changes that have facilitated globalization EXCEPT

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Which of the following statements about cultural differences in the workplace is most accurate?

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GMS 200 Chapter Notes - Chapter 5: North American Free Trade Agreement, Most Favoured Nation, Multinational Corporation

GMS 200 Full Course Notes

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