MGCR 382 Chapter Notes - Chapter 2: Import Substitution Industrialization, International Business, Post-Soviet States
Document Summary
Mgcr382 chapter 2 notes: global marketplaces and business centres. Businesses trying to internationalize their operations often blunder because they fail to obtain information vital to their success. Ignorance of basic geography, market characteristics, culture, and politics may lead to lost profits or doom a venture to failure. Linguistic and cultural ties, past political associations, and military alliances play significant roles in the world pattern of trade and investment and in shaping the opportunities available to businesses today. Triad japan, the european union, and the united states. Quad the triad plus canada together the 948 million residents of the quad countries produce 69% of the world"s gdp. Global strategic thinking typifies industries such as airlines, banking, securities, automobiles, computers, and accounting services. Emerging markets are responsible for much of the growth in the world economy. Includes the united states, canada, mexico, greenland, and the countries of central america and the. Caribbean, which produce approximately 32% of the world"s output.