Академический Документы
Профессиональный Документы
Культура Документы
To define globalization and international business and show how they affect each other. To understand why companies engage in international business and why international business growth has accelerated. To discuss the major criticisms of globalization To become familiar with different ways in which a company can accomplish its global objectives
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DEFINITION OF GLOBALIZATION
The broadening set of interdependent relationships among people from different parts of a world that happens to be divided into nations
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Culture
Availability of resources
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Importing: buying of products made in other countries for use or resale in ones own country
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INTERNATIONAL INVESTMENTS
Capital supplied by residents of one country to residents of another
Two categories: Foreign direct investments Joint Venture Mixed Venture Portfolio investments
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Licensing
Franchising
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International business will grow primarily along regional rather than global lines.
Forces working against further globalization and international business will slow down both trends.
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