AFM131 Study Guide - Midterm Guide: Stamen, Outsourcing, Franchising

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: David H A

Document Summary

Module 01 competing in global markets (chapter 3) Burger king and timmies merger (growth for timmies since bk is already international) Benefit when the world is more connected options! We can buy fruits any time of the year. Canada is home to many immigrants (so many more products for immigrants compared to 30 years ago because of trade) Connect with customers, clients, or business partners in diff countries. More costlier and risky, but it expands customer base and lead to huge rewards. To get goods that are not available locally. Don"t have the luxury to produces fruits in canada due to climate so we trade. Canada is rich with natural resources, so use what you need and sell the excess. Moving goods/services between countries without political or economic obstruction. Understanding key terms for international trade and the canadian experience. Exporting: selling products (goods and services) to another country.