Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
7 Cards in this Set
- Front
- Back
|
Global Village
|
-the concept of a boundaryless world where goods and services are produced and marketed worldwide
|
|
|
Licensing
|
-an agreement primarily used by manufacturing businesses in which an organization gives another the right, for a fee, to make or sell its products, using its technology or product specifications
|
|
|
Franchising
|
-an agreement primarily used by service businesses in which an organization gives another organization the right, for a fee, to use importing its name and operating methods
|
|
|
Transnational Organization
|
A structural arrangement for global organizations that eliminates artificial geographical barriers.
|
|
|
Global Strategic Alliance
|
A partnership between an organization and a foreign company partner(s) in which resources and knowledge are shared in developing new products or building production facilities
|
|
|
Foreign Subsidiary
|
A direct investment in a foreign country that involves setting up a separate and independent facility or office
|
|
|
Parochialism
|
A narrow focus in which managers see things only through their own eyes and from their own perspective
|
