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Textbook Notes for Lori Anne Heckbert

RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 11: Exchange Rate, Oligopoly

OC7130715 Page
14 Jan 2016
38
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 10: Market Fundamentalism, Transact, Protectionism

OC7130716 Page
14 Jan 2016
22
Industry structure: the makeup of an industry (its number of sellers and their size distribution, the nature of the product, and the extent of barriers
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 4: Fatalism, Ethnocentrism, Collectivism

OC7130714 Page
14 Jan 2016
21
Culture: learned norms based on the values, attitudes, and beliefs of a group of people regulated by people cultural diversity. Every business employs,
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 9: European Exchange Rate Mechanism, Fisher Hypothesis, European Central Bank

OC7130717 Page
14 Jan 2016
14
In 1944, near the end of wwii, the major allied governments met to determine what was needed to bring economic stability and growth to the post-war wor
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 7: Comparative Advantage, Free Trade, Intercolumniation

OC7130715 Page
14 Jan 2016
16
World trade organization (wto): a voluntary organization through other member nation trade without discrimination . There are time limits on all stages
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 8: Profit Margin, Currency Pair, Reserve Currency

OC7130715 Page
14 Jan 2016
12
There is a fundamental difference between making a payment in the domestic market and making one abroad: in a domestic transaction, companies use only
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 12: Vertical Integration, Intangible Property, Franchising

OC7130715 Page
14 Jan 2016
19
Given liability of foreignness and the extra costs of investing abroad, contracting another company is appealing, but only if management can find a for
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 13: Cost Leadership, Organizational Culture, Information System

OC7130715 Page
14 Jan 2016
25
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 2: Authoritarianism, Political Spectrum, Neoliberalism

OC7130719 Page
14 Jan 2016
31
Once a company leaves its home country, it operates in markets with different political and legal systems. Requires mncs to study how their political/l
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 5: Comparative Advantage, Factor Endowment, Statics

OC7130713 Page
14 Jan 2016
14
Interventionist theories of treasure, which usually means its gold. Neomercantilism: the approach a country takes when it tries to run an export surplu
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 1: Municipal Law, Franchising, Business Cycle

OC7130715 Page
14 Jan 2016
16
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RYERSONGMS 724Lori Anne HeckbertFall

GMS 724 Chapter Notes - Chapter 6: Export Restriction, Ad Valorem Tax, Asteroid Family

OC7130715 Page
14 Jan 2016
15
Despite free-trade benefits, governments intervene in trade to attain economic, social, or political objectives. Officials apply trade policies that th
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