ADMS 1000 Study Guide - Final Guide: Outsourcing, North American Free Trade Agreement, High Tech

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ADMS 1000 Full Course Notes
12
ADMS 1000 Full Course Notes
Verified Note
12 documents

Document Summary

Part 1 20 multiple choice (total 20 marks, part 2 3 short answer questions (total 20 marks, part 3 - 1 case followed by 3 questions (total 60 marks) Session 7& 8 globalization (ch. 6&8: define globalization. Expansion of degree and forms of cross-border transactions among people, assets, goods and services. Growth in direct foreign investment across the world. Increase in economic interdependence including the integration of world markets & economies: reasons for going global. Push factors competition, more democracy, reduced trade barriers, improved technology. Pull factors growth potential, need for resources materials/people: types/forms of global business. Outsourcing, joint ventures, subsidiaries, foreign direct investment, licensing and. Franchising, export & imports, mergers & acquisitions: the mnc/borderless/transnational. It is an enterprise that operates manufacturing and marketing facilities in two or more foreign countries controlling its operations from the firm"s home country. It is on the rise due to the gradual reduction in trade barriers among many nations of the world.