BUSI 3703 Chapter Notes - Chapter 1: Foreign Direct Investment, General Agreement On Tariffs And Trade, Emerging Markets
24 Aug 2015
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Multinational management the formulation of strategies and the design of management systems that successfully take advantage of international opportunities and that respond to international threats. Multinational company (mnc) any company that engages in business functions beyond its domestic borders: publicly owned through stocks, engage in international business. Understand the nature of the global economy and the key forces that drive globalization. Globalization the worldwide trend of cross-border economic integration that allows businesses to expand beyond their boundaries p. 7. Falling, disintegrating borders: growing cross-border trade and investment. The rise of global products and global customers. The internet and information technology (it: privatizations of formerly government-owned firms, new competitors in the world market. The rise of global standards for quality and production. Know the basic classification of the world"s economies. Developed countries p. 7 the arrived have mature economies with substantial per capita gross. E. g. , the united states of america, britain, japan, germany, and many others.
