2595788
Global Business
- International Business
- Traditionally seen under
the concept of
- Multinational Enterprise
- Firm engaged in foreign direct investment
- Firm engaged in foreign direct investment
- Multinational Enterprise
- Traditionally seen under
the concept of
- Emerging
economies
- Part of the model
- 11 countries from the
G-20 are emerging
- Based on the Purchasing Power Parity
collectively they contribute to 45 % of the global
- Gross Domestic Product (GDP), without
adjusting for PPP it's only 26%
- Gross Domestic Product (GDP), without
adjusting for PPP it's only 26%
- Based on the Purchasing Power Parity
collectively they contribute to 45 % of the global
- 11 countries from the
G-20 are emerging
- Part of the model
- Developed Economies
- Constituted by the Triad:
North America, Western
Europe and Japan
- Most people from them are at
- The top of the pyramid with an
income higher than $20,000 yearly
- While the base of the pyramid includes
individuals who make less than $2,000
yearly
- While the base of the pyramid includes
individuals who make less than $2,000
yearly
- The top of the pyramid with an
income higher than $20,000 yearly
- Constituted by the Triad:
North America, Western
Europe and Japan
- Expatriate managers
- In charge of companies who follow
this system
- Among the perks they receive a
better pay is included
- Aka International Premium
- Aka International Premium
- Among the perks they receive a
better pay is included
- In charge of companies who follow
this system
- Determining the
success or failure of a
firm
- Institution-based view
- Relies on the importance of working
within the institutional framework
(environment of a certain country.
- Formal Institutions =
Laws and regulations
- Informal Institutions = Cultural
values, ethics and norms
- Formal Institutions =
Laws and regulations
- Relies on the importance of working
within the institutional framework
(environment of a certain country.
- Resource-based view
- When internal resources partly dictate
the company's future
- Employed to overcome liability of
foreigness
- Employed to overcome liability of
foreigness
- When internal resources partly dictate
the company's future
- Institution-based view
- Globalization
- Allowed growth of
- BRIC, formed by emerging countries
- Brazil. Russia,
India and China
- Brazil. Russia,
India and China
- BRIC, formed by emerging countries
- Nongovernmental
organizations against
it
- Crucial to see them as allies
instead of opponents
- Crucial to see them as allies
instead of opponents
- Allowed growth of
- Semiglobalization
- Is the world truly globalized?
- New strategies necessary
- New strategies necessary
- Is the world truly globalized?
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