CLASS_4 - 4 Session #4 HIERARCHY OF GLOBAL ACTIVITY GLOBAL...

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Session #4 INTERNATIONAL ENVIRONMENT LET’S GO GLOBAL!!! 1
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Session #4 REASONS WHY COMPANIES GO GLOBAL GROWTH INCREASE REVENUES/PROFITS CUT COSTS CLOSER TO CUSTOMERS RESPOND TO COMPETITION CUT COSTS CLOSER TO SUPPLIERS POLITICAL ECONOMIC ABSOLUTE ADVANTAGE COMPARATIVE ADVANTAGE 2
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Session #4 FACTORS INFLUENCING GLOBAL SUCCESS ROLE OF MULTI-NATIONALS WORLD PEACE INTERNATIONAL ORGANIZATIONS FINANCIAL SETTLEMENTS COMMUNICATION FOREIGN DEMAND 3
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Session #4 THREE BIG AREAS OF CONCERN WITH GLOBALIZATION ATTEMPTS 1. CULTURAL CONSIDERATIONS ETHNOCENTRISM 2. ECONOMIC CONSIDERATIONS 3. POLITICAL/LEGAL CONSIDERATIONS
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Unformatted text preview: 4 Session #4 HIERARCHY OF GLOBAL ACTIVITY GLOBAL SOURCING EXPORT/IMPORT LICENSING FRANCHISE CONTRACT MANUFACTURING JOINT VENTURES DIRECT FOREIGN INVESTMENT 5 Session #4 REGIONAL ECONOMIC COMMUNITIES/INTEGRATION FOR EXAMPLE: NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA) EUROPEAN UNION (EU) ASIA PACIFIC ECONOMIC COOPERATION (APEC) TWO CONCERNS: 1. SHUT US OUT OF MARKETS 2. SHARE RESOURCES 6 Session #4 BARRIERS TO GLOBAL OPERATIONS NATURAL BARRIERS TARIFFS EMBARGOS IMPORT/EXPORT RESTRICTIONS BUY NATIONAL REGULATIONS POLITICS 7...
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This note was uploaded on 04/18/2008 for the course BUS 115 taught by Professor Laskowski during the Spring '08 term at SUNY Stony Brook.

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CLASS_4 - 4 Session #4 HIERARCHY OF GLOBAL ACTIVITY GLOBAL...

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