GLOBALIZING BUSINESS

Descripción

This is an exercise about Chapter 1 of the textbook called Peng, M. (2010). Globalizing Business. Global. (pp. 2-17). South western USA.
Lorena Romero Muñoz
Mapa Mental por Lorena Romero Muñoz, actualizado hace más de 1 año
Lorena Romero Muñoz
Creado por Lorena Romero Muñoz hace más de 8 años
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Resumen del Recurso

GLOBALIZING BUSINESS
  1. International Business: Engages in international economic activities
    1. Multinational enterprise: Engages in foreing direct investment by directly investing in controlling
      1. Foreing Direct investment (FDI): When a country invests, controls and manages value-added activities in other countries.
        1. Global Business: All business in the world
          1. Purchasing power parity (PPP): Conversion to establish the cost of living in the countries.
            1. Triad Developed economies (North America, Western Europe, and Japan).
              1. Based of the pyramid: ordinary people with insufficient income to survive economically but influence in Economy.
                1. BRIC: An acronym for the emerging economies of Brazil, Russia, India and China.
                  1. Emerging economy: A developing country.
                    1. Expatriate manager: executive, who works outsite your principal country
                      1. . Formal Institutions: such as laws, regulations, and rules, example Colombia Congress
                        1. Globalization: The union between countries and peoples of the world.
                          1. Gross domestic product (GDP): The economy of a country on the value added by native businesses, households and governments.
                            1. informal institutions: norms, cultures, and ethics.
                              1. Instituional framework: formal and informal institutions that regulate, control and manage individual behavior and community.
                                1. Institution - based view: Viewpoint in the global economy, where the results are reviewed to determine the rules governing the behavior of companies worldwide.
                                  1. Institutions: rules in economy way
                                    1. International premium: Extra pay expatriates when working outside their country of origin.
                                      1. Liability of foreignness The expense accruing to foreign companies not receiving the same condition in foreign countries.
                                        1. Non - goverment Organizations (NGOs) Organizations that are not affiliated with governments.
                                          1. Resource - based view:: Resource-based view: firm performance is determined by its internal resources and capabilities.
                                            1. Semiglobalization: the barriers to market integration at borders are high but not high enough to insulate countries from each other.
                                              1. Information by: Peng, M. (2010). Globalizing Business. Global. (pp. 2-17). South western USA.
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