Key Words for Chapter 3 Full Display

Key Words for Chapter 3 Full Display - 1. Globalization 2....

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Unformatted text preview: 1. Globalization 2. Culture 3. Exporting 4. Licensing 5. Strategic Alliances 6. Transnational Organization 7. Uncertainty Avoidance 8. Power Distance 9. Global mind-set 10.Virtual Teams Key Words for Chapter 3 Key Words for C hapter 3: International Management and Globalization Word : Globalization Definition : Globalization the flow of goods and services, capital, and knowledge across borders. Sentence: Globalization has led to an increase in international trade in the economies of the world. Key Words for C hapter 3: International Management and Globalization Word : Culture Definition : Culture is the learned set of assumptions, values, and beliefs that members of a group have accepted and that affect human behavior. Sentence : A society’s culture influences how its members communicate and interact with each other. Key Words for C hapter 3: International Management and Globalization Word : Exporting Definition : Exporting is manufacturing products in a firm’s home country and shipping them to a foreign country Sentence: The most common way of entering international markets is by exporting goods. Key Words for C...
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This note was uploaded on 08/28/2011 for the course MAN 3025 taught by Professor Doreengooden during the Fall '09 term at FIU.

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Key Words for Chapter 3 Full Display - 1. Globalization 2....

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