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20 Cards in this Set
- Front
- Back
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Global business manager |
responsible for different types of management activities |
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Integrated communications networks |
link ocean, rail, automotive, air transport, to allow real-time freight movement |
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Global Business |
one nation trade with a firm located in another nation |
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OECD |
provides a venue for guidelines in a free trade market |
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operational risk |
failed internal process/people= risk of monetary loss |
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magna carta libertatum |
formal recognition of legal limitations on a king's power |
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embargoes |
prohibition of commerce/trade with a certain nation |
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ownership-control risk |
government actions inhibit control of foreign operations |
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Horizontally Integrated MNCs |
different products similar to current lines |
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globalization |
growing integration of economies/societies worldwide |
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driving forces for globalization |
reductions in barriers to trade |
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glocalization |
tempering effects of local conditions on global pressures |
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transfer risk |
includes risk of debt consolidation |
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assimilation |
immigrants isolated from their home country |
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diversified integrated MNCs |
different products not similar to current lines |
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international market |
removes boundaries of local market territory to increase potential market audience |
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world trade organization (WTO) |
helps foster international trade and resolve disputes |
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pax americana |
american peace |
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vertically integrated MNC |
expands scope within same industry |
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knowledge, skills, attributes |
conveys ideal global business manager's qualifications |
