BUSI 3103- Final Exam Guide - Comprehensive Notes for the exam ( 28 pages long!)
29 Mar 2018
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Low-cost production factors - the desire to acquire cheap/more abundant factors for productions (resources) has long been a driver of international expansion. Issues with globalization: some of the main arguments against globalization (from the north american perspective) include, weakening of job markets at home, abuses of labor rights abroad, environmental concerns, cultural impacts, social impacts. Stages of international development: domestic, focused on home market, structure is usually functional or divisional, might include an (cid:862)e(cid:454)po(cid:396)t depa(cid:396)t(cid:373)e(cid:374)t(cid:863, may dip their toe into international operation by exporting to other markets, market potential is moderate, mostly domestic. Licencing company a lets company b sell its product, use its patents, etc. for a fee (pharmaceutical companies license new drugs to other firms within industry). Joint ventures organization a collaborates with organization b to form independent organization c (tata steel minerals canada (tata and new millennium iron). Consortia o(cid:396)ga(cid:374)izatio(cid:374) a,b,c,d (cid:374) (cid:272)o(cid:373)e togethe(cid:396) a(cid:374)d sha(cid:396)e (cid:396)esou(cid:396)(cid:272)es, et(cid:272), ope(cid:396)ati(cid:374)g as o(cid:374)e la(cid:396)ge, united organization (airbus)
