COMMERCE 4KI3- Final Exam Guide - Comprehensive Notes for the exam ( 55 pages long!)

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 4KI3
• Professor: Ali Montazemi

Document Summary

International companies: the transfer of knowledge from headquarters to the subsidiaries is more important; the controls are better developed, global companies, global organizations are even more centralized; the subsidiaries are tightly controlled. In a centralized organizational structure, the world is seen as a single economic entity: transnational companies, transnational companies consist of networks of interdependent specialized units in various countries. Knowledge is developed jointly and shared internationally: all of those enterprise structures require the appropriate business processes to be implemented successfully across locations in different countries. Glo(cid:271)alizatio(cid:374) leads to pro(cid:272)esses (cid:272)arried out i(cid:374) se(cid:448)eral (cid:272)ou(cid:374)tries or regio(cid:374)s a(cid:374)d i(cid:374) ue(cid:374)(cid:272)es (cid:271)usi(cid:374)ess processes in two or more geographic areas. Legal system: the legal system provides country-spe(cid:272)i (cid:272) regulatio(cid:374)s that (cid:373)ust (cid:271)e re e(cid:272)ted i(cid:374) processes, geography, the geography of a country can also affect processes, such as the transportation pla(cid:374)(cid:374)i(cid:374)g a(cid:374)d (cid:373)a(cid:374)age(cid:373)e(cid:374)t of goods i(cid:374) tra(cid:374)sit.