CHAPTER 1 AN OVERVIEW OF INTERNATIONAL BUSINESS Chapter Objectives 1. 2. 3. 4. 5. Discuss the meaning of international business Explain the importance of understanding international business Identify and describe the basic forms of international business activities Discuss the causes of globalization Comprehend the growing role of emerging markets in the global economy 1-2 What Is International Business? Business transactions between parties from more than one country
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Lester B. Pearson Born 23 of April 1897 died 27 of December 1972. Lester B Pearson was one of the greatest Canadians ever. During his life‚ he was a professor‚ historian‚ civil servant‚ and a politician‚ he was also very talented at sports‚ and making friends. He was born to Annie Sarah‚ and Edwin Arthur Pearson‚ who was a church minister. At the age of 16 he graduated from Hamilton Collegiate Institute‚ and in the same year studied at Victoria College‚ at the University of Toronto
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Founded by Business Leaders for future Business Leaders Advanced Diploma in Business Administration ERCBA 209 International Trade and Management Study Guide Lecture Notes Lecturer Mr. JUDE NESA RAJAH / Mr. BALA SUBRAMANIAM N 1 Content 1. Introduction Page 3 2. Lecturer Page 4 3. Programme Management Page 4 4. Teaching and Learning Arrangements Page 5 5. Assessment Framework Page 5 6. Grading System Page 6 7. Quality Assurance
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c N03/201/H(1)Q IB DIPLOMA PROGRAMME PROGRAMME DU DIPLÔME DU BI PROGRAMA DEL DIPLOMA DEL BI ENGLISH B – HIGHER LEVEL – PAPER 1 ANGLAIS B – NIVEAU SUPÉRIEUR – ÉPREUVE 1 INGLÉS B – NIVEL SUPERIOR – PRUEBA 1 Candidate number/Numéro du candidat Número del alumno Thursday 13 November 2003 (morning) Jeudi 13 novembre 2003 (matin) Jueves 13 de noviembre de 2003 (mañana) 1 h 30 m QUESTION AND ANSWER BOOKLET – INSTRUCTIONS TO CANDIDATES Write your candidate number in the box above. Do not open this
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UK. 2) Vertical: when different stages of activities are added abroad. Forward vertical FDI is where the FDI takes the firm nearer to the market. Example: Toyota acquiring a car distributorship in America Backward Vertical FDI is where international integration moves back towards raw materials Example: Toyota acquiring a tire manufacturer or a rubber plantation). 3) Conglomerate: where an unrelated business is added abroad. This is the most unusual form of FDI as it involves attempting
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International diversification is a strategy which a firm expands the sales of its goods or services across the borders of global regions and countries into different geographic location or markets. An international strategy is a strategy through which the firm sells its goods or services outside its domestic market. An international strategy results in international diversification. Firms pursue an international strategy to seek new opportunities to create value in international markets. The primary
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Realists usually have a pessimistic view of human nature. realists are skeptical that there can be progress in international politics that is comparable to that in domestic political life. there is two kind of realist one is classical realist and the other is contemporary realism. classical realism is basically normative approach and focuses on the core political values of national security and state survival. and the three basic classical realist are Thucydides : political fate‚ necessity
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issues is to determine how to appropriately compensate and incentivize their employees. International compensation is defined as ‘the provision of monetary and non-monetary rewards valued by employees according to their relative contributions to MNC performance’ (Harzing‚ 2004). The main objective of any international compensation is to attract and retain the most talented people who are qualified for international assignments. In most situations‚ managers would want to hire expatriates as they already
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Outline of Type A and Type B personality Type A ‚ Type B personality The history of this theory The Type A and Type B personality theory (also known as the "Jacob Goldsmith theory") is a theory which describes two common‚ contrasting personality types—the high-strung Type A and the easy-going Type B. Type A personality behavior was first described as a potential risk factor for heart disease in the 1950s by cardiologists Meyer Friedman and Mike Jordan. After a ten-year study of healthy men
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INTERNATIONAL FINNACE: International Finance is an area of financial economics that deals with monetary interactions between two or more countries‚ concerning itself with topics such as currency exchange rates‚ international monetary systems‚ foreign direct investment‚ and issues of international financial management including political risk and foreign exchange risk inherent in managing multinational corporations. OR International finance is the branch of economics that studies the dynamics of
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