Busmhr 2000 - Study guides, Class notes & Summaries

• Globalization - answer-The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world. Global Institutions - answer-(1) -Help manage, regulate, and police the global marketplace. -Promote the establishment of multinational treaties to govern the global business system. - General Agreement on Tariffs and Trade (GATT), World Trade Organization (WTO), International Monetary Fund (IMF), World Bank, United Nations (UN). WT...

Foreign Direct Investment - answer-involves direct ownership in productive assets where the MNC has control over its investment Flow - answer-amount of FDI over a period of time (one year) Stock - answer-total accumulated value of foreign owned assets Outflow - answer-amount of FDI from a country (cumulative, out of a country) Inflow - answer-amount of FDI entering a country C - answer-Which of the following is not a factor leading to growth of FDI? A. A fear of protectionism B...

CH 5 - answer-Theories of International Trade and Investment National industrial policy - answer-A proactive economic development plan a government initiates to build or strengthen a particular industry. Mercantilism - answer-The belief that national prosperity is the result of a positive balance of trade, achieved by maximizing exports and minimizing imports. Internalization theory - answer-An explanation of the process by which firms acquire and retain one or more value-chain activiti...

BUSMHR 2000 Exam 2 Questions and Correct Answers the Latest Update and Recommended Version

Elena has worked at the same company for more than fifteen years. She parks in the same spot every day and values routine and predictability. - ️️Uncertainty Avoidance Ben has very loose ties with his family and enjoys wearing provocative T-shirts to express a sense of freedom and uniqueness. He shows no interest in joining the family business. - ️️Individualism/Collectivism Declining trade barriers - ️️better ability to sell overseas Declining investment barriers for producer...

Declining trade barriers - answer-better ability to sell overseas Declining investment barriers for producers means... - answer-better ability to produce overseas Enhanced communication technologies - answer-better ability to control overseas operations Enhanced transportation technologies - answer-lowered distance between countries Producers Arguments for Globalization - answer-more markets to sell in Producers Arguments against Globalization - answer-can go bankrupt due to c...

BUSMHR 2000 Exam 1 Questions and Correct Answers the Latest Update and Recommended Version

National industrial policy → A proactive economic development plan a government initiates to build or strengthen a particular industry. Mercantilism → The belief that national prosperity is the result of a positive balance of trade, achieved by maximizing exports and minimizing imports. Internalization theory → An explanation of the process by which firms acquire and retain one or more valuechain activities inside the firm, minimizing the disadvantages of dealing with external ...

Declining trade barriers → better ability to sell overseas Declining investment barriers for producers means... → better ability to produce overseas Enhanced communication technologies → better ability to control overseas operations Enhanced transportation technologies → lowered distance between countries Producers Arguments for Globalization → more markets to sell in Producers Arguments against Globalization → can go bankrupt due to competition 2 0 2 4 /2025 | © cop...