Chapter 08 - 2004 by Nelson, a division of Thomson Canada...

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Unformatted text preview: 2004 by Nelson, a division of Thomson Canada Limited 1 Chapter 8 Global Management 2004 by Nelson, a division of Thomson Canada Limited 2 What Would You Do? Wal-Marts International Strategy dominant retailer in Canada and USA major global competitor is Carrefour which countries should Wal-Mart enter? what impact will free-trade agreements have? 2004 by Nelson, a division of Thomson Canada Limited 3 What Is Global business? After reading these next two sections, you should be able to: 1. describe the impact of global business on Canada 2. discuss the trade rules and agreements that govern global trade 2004 by Nelson, a division of Thomson Canada Limited 4 Impact of Global Business Foreign direct investment Global competition Multinational corporations 2004 by Nelson, a division of Thomson Canada Limited 5 Regional Distribution of Inward Direct Foreign Investment Region Percent United States 72 European Union 19 Asia-Pacific 5 Latin America 2 All Other 2 Adapted from Exhibit 8.1 2004 by Nelson, a division of Thomson Canada Limited 6 Regional Distribution of Outward Direct Foreign Investment Region Percent United States 52 European Union 19 Latin America 19 Asia-Pacific 6 All Other 5 Adapted from Exhibit 8.2 2004 by Nelson, a division of Thomson Canada Limited 7 Multinational Corporation Multinational Corporation corporation that owns businesses in two or more countries Country of Manufacture country where product is made and assembled Country of Origin Home country where headquarters is located 2004 by Nelson, a division of Thomson Canada Limited 8 Trade Rules and Agreements Trade barriers Trade agreements 2004 by Nelson, a division of Thomson Canada Limited...
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Chapter 08 - 2004 by Nelson, a division of Thomson Canada...

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