2529682
Description
Mind Map by Jenniffer Celeita, updated more than 1 year ago
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Created by Jenniffer Celeita
about 9 years ago
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GLOBALIZATION
- is the close integration of countries and peoples of the world (1)
- some evidence in economy includes
- INTERNATIONAL BUSINESS
- crossboarder
- for example
- crossboarder
- GLOBAL BUSINESS
- around the globe
- MULTINATIONAL ENTERPRISES
- operating in multiples countries, these firms do foreign direct
investment, usually under control of an expatriate manager who
receives and international premium for working outside native
country.
- operating in multiples countries, these firms do foreign direct
investment, usually under control of an expatriate manager who
receives and international premium for working outside native
country.
- around the globe
- INTERNATIONAL BUSINESS
- keeping in mind factors as
- FORMAL AND INFORMAL INSTITUTIONS
(rules of the game)
- SCENARIO PLANNING
(preparation for several
scenarios, not only high risk
ones)
- RISK MANAGEMENT
(identification and planning
for risks)
- PURCHASING POWER PARITY
(conversion that sets equivalent
amount of goods and services in
different currencies)
- EMERGING ECONOMIES
(countries in development)
- GROSS DOMESTIC PRODUCT
(total values produced by firms,
households and government)
- LIABILITY OF FOREIGNESS
(condition that foreign
firms have to asset in
order to stablish in a host
country)
- FORMAL AND INFORMAL INSTITUTIONS
(rules of the game)
- some evidence in economy includes
- coming into play
- BRIC (Brazil, Russia,
India and China
emerging economies)
- GROUP OF 20 (19 major
economies and the EU,
meeting to solve economic
problems)
- TRIAD (developed
economies like USA, Japan
and Western Europe)
- BASE OF THE PYRAMID
(most humans, doing
less than $2000 a year)
- NGOs (organizations not
affiliated with
governments)
- BRIC (Brazil, Russia,
India and China
emerging economies)
- some views on this include
- SEMIGLOBALIZATION
- suggests that barriers for market
integration are not high enough
- suggests that barriers for market
integration are not high enough
- INSTITUTION BASED VIEW
- suggests that firms depend on institution framework
- suggests that firms depend on institution framework
- RESOURCE BASED VIEW
- suggests that firms depend on internal resources
- suggests that firms depend on internal resources
- SEMIGLOBALIZATION
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