MGMT 3P98 Midterm: Midterm Cheat Sheet

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orangelouse874

16 Feb 2012

School

Brock University

Department

Business - Management

Course

MGMT 3P98

Professor

Chang Hoon O H

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Document Summary

Foreign markets are risky, too small, or too competitive. The mne waits until the host market is large enough. Chapter 1 regional and global straetgy (intro to international business) International business the study of transactions taking place across national borders for the purpose of satisfying the needs of individuals and organizations. Multinational enterprises (mne s) a company headquartered in one (or several) country but having operations in other countries * more than 50% in all trade is made by the world s largest 500 mnes. Factor conditions - demand conditions how many cust. , gdp, demand - related and supporting industries - firm strategy, structure, and rivalry. Beverage: tetley tea (uk); glaceu (us); eight o clock coffee (us) Steel: natsteel (singapore); millennium steel (thailand); corus (nethers) Automotive: daewoo commercial vehicle (s. korea); jaguar & rand rover (uk&us) Do well: canada, mexico, england not at all: germany, japan, korea not only for walmart,

Related Questions

International trade organizations promote free trade by encouraging countries to

A. Maintain their tariffs.

B. Establish their trade quotas.

C. Limit their protectionism policies.

D. Develop their products.

grayotter535

44) The price of coffee beans rises on the international market by 7%. Because of its higher raw material costs, The Highland Creek Coffee Shop raises the price of its regular sized coffee by 5%. At the same time, Starbucks raises the price of its coffee at all of its Canadian locations by 9%. This kind of pricing decisions would suggest these businesses are engaged in: a) b) perfect competition a monopoly an oligopoly monopolistic competition

16) Which of the following best defines the term business cycle? a) the pattern of short-term ups and downs in an economy the total quantity of goods and services produced by an economic system during a given period the conditions of the economic system in which an organization operates the measure of economic growth that compares how much a system produces with the resources needed to produce it d)

MGMT 3P98 Midterm: Midterm Cheat Sheet

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