International business the challenge of global competition 13th edition ball test bank

... stories of people losing their livelihoods under the growing power of multinationals 1-16 Environments of International Business • Environment – All the forces influencing the life and development of ... global or multidomestic company 1-6 History of International Business • Early traders – Well before the time of Christ, Phoenician and Greek merchants – China stimul...

Ngày tải lên: 04/07/2017, 13:32

... Appreciate the magnitude of international trade  Identify the direction of trade, or who trades with whom  Explain the size, growth, and direction of U.S foreign direct investment, worldwide and in the ... and completely global in others 2-3 Large International Firms Invest Overseas, and They Also Export • Large American international firms responding to such factors a...

Ngày tải lên: 04/07/2017, 13:32

... Objectives  Appreciate the relevance of changing status of tariff and nontariff barriers to managers  Explain some of the theories of foreign direct investment 3-4 International Trade Theory • Mercantilism ... economic theory 3-14 How Can Money Change The Direction of Trade? Example Exchange Rate – the price of one currency stated in terms of another currency 3-15 Ho...

Ngày tải lên: 04/07/2017, 13:32

... Describe the influence the mainly political international institutions have on international businesses and their relevance to international business  Identify the major organs of the United ... Describe the major purpose and effectiveness of OPEC  Identify economic integration agreements and the effectiveness of the major ones  Discuss the impact of the EU...

Ngày tải lên: 04/07/2017, 13:32

... Objectives • Explain the functioning of the gold standard • Describe the purposes of the IMF • Appreciate the accomplishments of Bretton Woods system and the ensuing developments shaping the world monetary ... the purpose of the World Banks • Discuss the purpose of the Bank for International Settlements 5-3 Learning Objectives • Discuss the floating exchang...

Ngày tải lên: 04/07/2017, 13:32

... technology  Discuss the pervasiveness of the Information Technology Era 6-3 Learning Objectives  Explain the importance of the ability to speak the local language  Discuss the importance of unspoken ... significance of culture for international business  Identify the sociocultural components of culture  Discuss the significance of religion to businesspeople...

Ngày tải lên: 04/07/2017, 13:32

... the cost of transportation Create concentration s of population 7-10 Deserts  Australia Continent the size of the U.S but with only 19 million inhabitants Population concentrated Along the ... and around the state capitals In the southeastern fifth of the nation 7-11 Tropical Forests  Tropical Rain Forests  Brazilian Amazon basin Occupies one-half of Brazil F...

Ngày tải lên: 04/07/2017, 13:32

... complex 8-5 International Economic Analysis  Sources for Economic Information  The Commercial officers in embassies  The World Bank  The United Nations  The International Monetary Fund  The Organization ... socioeconomic dimensions of the economy and different indicators used to assess them  Discuss the importance of a nation’s consumption patterns and the signi...

Ngày tải lên: 04/07/2017, 13:32

... • Nature of Business – The needs of the company • Needs of a hotel company compared with those of heavy-equipment manufacturers • Length of Time Required – Utility of risk analyses of social, ... Privatization • The transfer of public sector assets to the private sector, the transfer of management of state activities through contracts and leases, and the contra...

Ngày tải lên: 04/07/2017, 13:32

... litigation in the U.S is the process of discovery Unlike most other countries, the U.S has two major court systems The federal court system and the state court systems 10- 8 Performance of Contracts ... governments • Private International Law – Laws governing transactions of individuals and companies that cross international borders 10- 5 Sources of International Law...

Ngày tải lên: 04/07/2017, 13:32

... planning more difficult 11- 24 Balance of Payments (BOP)  The state of a nation’s BOP reveals the state of that country’s economy  If the BOP is slipping into deficit  the government is probably ... change in their exchange rates • Purchasing Power Parity (PPP) – Theory that predicts that currency exchange rates between two countries should equal the ratio of the price...

Ngày tải lên: 04/07/2017, 13:32

... have formed the core of union membership are declining 12- 27 Multinational Labor Activities • Internationalization of companies creates opportunities for them to escape the reach of unions • ... employees and research scientists to other countries 12- 14 Brain Drain: Countries with the Highest Percentage of Their College-Educated Citizens Living in Other Countries 12- 15 Gue...

Ngày tải lên: 04/07/2017, 13:32

... strategies and when to use them  Describe the sources of competitive information  Understand the importance of industrial espionage 13- 4 International Strategy • The way firms make choices ... beliefs, and priorities of the organization’s members 13- 15 Set Corporate Objectives • Objectives – Direct the firm’s course of action – Maintain it within the boundaries of...

Ngày tải lên: 04/07/2017, 13:32

... established, as a result of growth – – – – Product Function Region Customer classes 14- 10 Evolution of the International Company 14- 11 Global Corporate Form • Product • Geographic 14- 12 Global Corporate ... Equipment Competence of subsidiary management Size of international company and duration Detriment of a subsidiary for the benefit of the enterprise – Level...

Ngày tải lên: 04/07/2017, 13:32

... The quality levels of their product lines 15- 17 Fifth Screening: Competitive Forces, cont’d • The source of their products imported or locally produced • Their pricing policies • The levels of ... distance 15- 16 Fifth Screening: Competitive Forces • The number, size, and financial strength of the competitors • Their market shares • Their marketing strategies • The appa...

Ngày tải lên: 04/07/2017, 13:32