Anahi Escamilla Bello International Buisness March 2‚2010 Summary Chapter 7 Foreign Direct Investment During this chapter we learned and review some theories that helps us to understand the pattern of FDI between countries and to examine the influence of governments on firms´decisions to invest in other countries. I should mention some important points about this chapter: * Any theory of the FDI must explain why firms go to the trouble of acquiring or establishing operations abroad
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The Business Environment and the AIS An AIS does not exist in a vacuum; rather it is an integral part of the firm it serves. The AIS has close relationship with the organization of the firm and its physical operations or process. The firm itself is a system with its own environment. Many of the business and accounting events that are captured and processed by the AIS arise within the environment of the business firm. There are three subsystem of the firm: organizational‚ operational and information
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MODULE: BUSINESS ENVIRONMENT LEARNING OUTCOME ONE | ASSESSMENT CRITERIA | Understand theorganisational purposes ofbusinesses | 1.1 identify the purposes of different types of organisation1.2 describe the extent to which an organisation meets the objectives of different stakeholders1.3 explain the responsibilities of an organisation and strategies employed to meet them | What is a business? It is a system whose performance is influenced by a whole range of phenomena in its environment. It is
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The study of international business does relevance to individual no matter they are going to work in a large multinational enterprise or small firms. An international business can be defined as requires the organization to change its processes and structure to accommodate a different way of operating. Because‚ nowadays domestic companies does not compete locally but competing globally against products and services that come from abroad. Furthermore‚ the international business now‚ comprises a large
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island which served 1.2 million customers weekly. McDonald employs around 9‚000 employees to keep their restaurant running across the island. (McDonald’s Company Profile‚ 2012) PEST ANALYSIS Pest analysis is a scan of external marco-environment in which a business operates and can be describe in terms of Political‚ Economic‚ Social and Technological. (QuickMBA Strategic Management‚ 1999-2010) Political Factors Operations of McDonalds in Singapore are controlled by certain policies and regulations
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Ch.4: Culture Monday‚ May 20‚ 2013 2:01 PM -Interpret pictures differently -different countries have different perceptions of Americans -Polychronic- "without schedule" -Monochonic- with schedule -Direct culture- communicated through words -Indirect culture- message is not implicated by words but by things in context -High Context- body language‚ silence‚ behavior ‚ collectivism‚ polychronic -low context- predominantly through explicit statements in text or speech ‚ with feeling‚
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Business Revision Topic 1 – Business Organisation and Environment * What is business activity? Inputs – Land‚ Labour‚ Capital & Enterprise Outputs – Goods or Service & Waste. Processes – Research and development‚ Production‚ Marketing‚ Finance‚ Administration‚ Human Resources. * Functions * Production – the changing of natural resources into a product or service. * Marketing – IT is to do with identifying consumer needs and pleasing them. Eg: Pricing‚ advertising
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China. The recognition of the barriers they faced with cultural differences was a major task McDonalds took on. The Process of Acculturation ‚ how would the company fit in to the culture. This is a process of adjusting and adapting to a specific culture other than ones own culture. International business will act as a change agent by introducing new products‚ ideas or practices‚ e.g. for example in a 10 year period the international portion of McDonalds sales grew from 13 - 23 %. In markets
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International Business Marketing and Global Strategy I. MUJI Branding 1. About MUJI MUJI (Chinese Brand name:無印良品) was born a Japanese groceries store. Its brand name “MUJI” means “no brand‚ quality goods”. It has a wide products range‚ but focus on everyday groceries. 2. Brand Spirit MUJI is a call to return to simplicity in daily life. Their primary goal is to ensure customers to not pay for what they cannot use ‚ hope to be a compass always pointing towards the necessities in life
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An organization’s internal environment is composed of the elements within the organization‚ including current employees‚ management‚ and especially corporate culture‚ which defines employee behavior. Although some elements affect the organization as a whole‚ others affect only the manager. A manager’s philosophical or leadership style directly impacts employees. Traditional managers give explicit instructions to employees‚ while progressive managers empower employees to make many of their own decisions
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