MGT 20600 Study Guide - Final Guide: Outsourcing, Assertiveness, Collectivism
Document Summary
The process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive advantages. Government actions or politically motivated events that adversely affect the long-term profitability or value of a firm. Keeping both the subsidiary and the host nation dependent on the parent corporation. Maintaining control over key inputs or technology or control over distribution. Political risk insurance and local debt financing. A type of intergovernmental agreement, often part of a regional intergovernmental organization, where barriers to trade are reduced or eliminated among the participating states. Deter(cid:373)i(cid:374)ed (cid:271)(cid:455) a (cid:272)ou(cid:374)tr(cid:455)"s a(cid:271)ilit(cid:455)/i(cid:374)te(cid:374)tio(cid:374) to (cid:373)eet financial obligations. A system of moral standards or values that govern the behavior of people, firms, or governments regarding right and wrong. A belief that corporate activities should take into consideration the welfare of the various stakeholders affected by those activities.
