GMS 723- Final Exam Guide - Comprehensive Notes for the exam ( 25 pages long!)

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Domestic business operations: commercial business activities conducted within a nation, transactions within the borders of its home nation. International business operations: a small business that also imports or exports some products. Multinational business operations: a small business that is also a multinational business and establishes one or more subsidiaries in foreign countries. Global business operations: global businesses, including beverage manufactures and fast food chains, create uniform products that are suitable for most international markets. In some cases however, the companies also develop country-speci c products that accommodate local tastes. Japan, those components could be made from rubber from malaysia or steel from. Korea, and you may have lled your car with gas from shell a dutch owned company. Thailand: business processes that give a retailer a competitive advantage in the u. s may be dif cult to implement in mexico, a brand that means something in kansas may mean little in indonesia.