Study Guide for Exam #1
The test will consist of about 40 multiple choice and true/false questions. Please bring #2 pencils, erasers,
and a calculator (mobile phones cannot be used for calculations).
For every topic, you should be familiar with all the co
A continuing process of increasing integration of national economies through
enhanced cross-border flows of trades, investments, financial capital and people.
o 3 types of Flows that integrate national economies:
EuTrade of goods an
Economic Case for Trade in Goods and Services: Principle/Theory of Comparative Advantage
A produces X more efficiently and B produces Y more efficiently
A specializes in X and B specializes in Y
Countries should trade. Output will be gr
Legal & Political Env. Notes
Kegan Bradley Fri May 03 18:22:59 PDT 2013
What are the primary roles of the govt in rich countries?
Elite even in democracies; when govt buys services, they buy from private companies; coordinate economic activity
Why is it i
Marketing to the Bottom of the Pyramid
Kegan Bradley Fri May 03 17:49:34 PDT 2013
List 4 problems of MNCs.
1)sourcing difculties2)problems innovating3)distribution difculties4)Diff biz model
3 Customer characteristics of bottom of pyramid"
1)Lack of DEMAN
Assessing the Cultural Environment
Kegan Bradley Fri May 03 18:30:55 PDT 2013
shared system of meaning, ideas, and thought
What are 5 key elements of culture?
Material life Language Social Interactions Aesthetics
What are 3 busine
Assessing and Managing Political Risk PPT
Kegan Bradley Fri May 03 18:35:03 PDT 2013
What is political risk?
impact of politics on markets and participants (organizations)
What things help assess the political risk?
govt, society, security, economy
Financial Environment PPT
Kegan Bradley Fri May 03 19:08:13 PDT 2013
Roles of the central bank?
Set short term interest rates
Impact economic growth
Impact foreign exchange rates
Oversee countrys banking system
How do the central
Transfer Pricing PPT
Kegan Bradley Fri May 03 18:42:22 PDT 2013
Define: transfer pricing
price charged in an internal sale between units/divisions of the same firm
When do firms use transfer pricing?
When units/divisions are internally treated as semi-aut