Mni3701 - Study guides, Study notes & Summaries

MNI3701 Latest Summary. MNI3701 – GLOBAL BUSINESS ENVIRONMENT STUDY UNIT 1 – GLOBALISATION OF BUSINESS 1.1.1 OVERVIEW The modern global business environment can best be described as volatle and chaotcc and turbulence can now be seen as the new normality. Some of the factors contributng to this turbulence are:  The global business environment is changing fast for many reasons like:  The emergence of new economic blocs and super powers  Changing consumer preferences and demog...

Exam Questions and Solutions - 2020

MNI3701 EXAM MEMOS 2017-2021 |Global Business Environment | Question One “China must privatise”: this is a statement that echoes the sentiment of many involved in the administration of China’s state assets. Given this statement you are required to respond to the following questions: 1.1 What is meant by the term “privatisation”? (4) Privatisation can be defined simply as the selling of government-owned economic resources to private operators. Transferring ownership from the pu...

GLOBAL BUSINESS MNI GLOBAL BUSINESS MNI GLOBAL BUSINESS MNI

Globalisation is the growing interdependence of countries worldwide through the increasing volume and variety of cross border transactions in goods and services, as well as international capital flows • Changes in political environments -Can be credited with two developments namely: Creation of global economic/trade regulatory bodies and the collapse of communism -Creation of economic/trade regulatory bodies included General Agreement on Tariffs and Trade (GATT) in 1947-served as a me...