Flashcards
Globalisation
Flashcards do conjunto (16)
- 1What are the Meta Views of Globalisation?-Globalisation
-Internationalisation
-Regionalisation
-Cities - 2What is the internationalisation view?-Trade isn't new
-Legal, economic and cultural barriers
-Nations are important - 3What is the cities view?-Declining barriers
-Technology is behind international trade
-Connecting cities = resource pools - 4What is the regionalisation view?-Economic dominance: Triad and China
-Regional blocs responsible for emerging economies - 5What is the globalisation view?-New flows of trade
-Few barriers
-Nations losing their importance in influencing trade - 6What is the crude globalisation view?-MNCs relocate to max profits
-Minor product adaption
-Technology helps international production - 7What is the flat world thesis?-The world is one big marketplace
-Governments are less influential - 8What are the key points of Gidden's view?-Fast growth in international trade due to fewer barriers
-Globalisation from above and below
-Increased trade and FDI = reduce poverty
-Govs lack power
-Regional blocs influence globalisation - 9What is Stiglitz view?-Globalisation caused currency crisis
-Inequality problems in countries
-International institutions cannot cope with large scale capital movements - 10What is Bagwatti's View?-MNCs need to adjust to new trade patterns which causes instability
-Globalisation stimulates growth, reduces poverty and enhances democracy - 11What is the main reason for the existence of MNCs?Transaction costs
- 12What is the drawback of geographically dispersed firms?Decreasing returns to entrepreneurship
- 13How can firms overcome decreasing returns?Split activities into different organisational forms
- 14What do transaction costs determine?-Size of firm
-Nature of firm
-Location of firm - 15How does technology affect transaction costs?-Reduced communication costs
-Reduced data gathering costs
-Enable economies of size and scope
-Transport can enable production in cheap locations
-E-commerce - 16The internalisation theory states that organisational structures are determined by transaction costs. What are the problems with this?-Assumes firms exist to reduce TS
-FSA isn't directly associated with TS
-Structures aren't always based on TS
Informações
- Descrição
- Degree International Business FlashCards sobre Globalisation, criado por Lauren Randell em 26-05-2016.
- Criado por
- Lauren Randell
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