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15 Cards in this Set

  • Front
  • Back

PEST

Political Economic Social Technology

Company Perspective

Ethnocentric Geocentric Polycentric

3 ways of International Expansion

Export, FDI (foreign direct investment), licensing

FDI foreign direct investment methods

Acquisition (buy existing), Greenfield

How we measure economies

Unemployment, inflation/deflation, GDP/GNI, consumer price index, stock market, supply/demand

Types of economies

Liberal market, social market, planned, mixed economy

Liberal market

Capitalism

Social market

Socialism

Planned economy

Communism

Porters 5 forces

Industry competition, suppliers, substitute products, buyers, potential entrants

GASAO

Goal, analysis, strategy, actions, outcome

Resource based theory

(Is internal) Human, physical, organizational

Hofsted cultural dimensions

Individual/Collectivist,


Masculine/Feminine,


uncertainty/avoidance,


Power Distance

SRC

Self reference criteria

Commodities in global production

Raw goods