AFM333 Midterm: AFM 333 Frameworks

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM333
• Professor: Mark Arnason

Document Summary

Porter"s diamond model: sources of national competitive advantage + national industrial policy. Hall"s high and low context typology of culture + hofstead. Strategy: standardization vs adaptation + multidomestic vs global. Continuum of focal firm involvement aka market entry strategy. The 6 tasks of global market opportunity assessment (gmoa) The drivers, dimensions, and consequences of market globalization: drivers of market globalization, dimensions of market globalization. Worldwide reduction of barriers to trade and investment. Transition to market-based economies and adoption of free trade in china, former. Growth of global investment and financial flows. Contagion: rapid spread of financial or monetary crises from one country to. Firm-level consequences of market globalization internationalization of the firm"s value chain. Countless new business opportunities for internationalizing firms. New risks and intense rivalry from foreign competitors. More demanding buyers who source from suppliers worldwide. 4 c"s - what"s different about international business: commercial risk. Misc page 1: currency risk, country risk.