INTERNATIONAL BUSINESS Pham To Mai Faculty of Economics National University of HCMC Part II INTERNATIONAL BUSINESS ENVIRONMENT INTERNATIONAL TRADE THEORY AND POLICY INTERNATIONAL TRADE THEORY Mercantilism Gold and silver were mainstays of national wealth. It was in a country‟s best interests to maintain a trade surplus maximize exports and minimize imports. Limitation: “Zero-sum game” Theory of Absolute Advantage Adam Smith (1776) Countries should produce
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The Motives for International Acquisitions: Capability Procurements‚ Strategic Considerations‚ and the Role of Ownership Structures Author(s): Shih-Fen S. Chen Reviewed work(s): Source: Journal of International Business Studies‚ Vol. 39‚ No. 3 (Apr. - May‚ 2008)‚ pp. 454471 Published by: Palgrave Macmillan Journals Stable URL: http://www.jstor.org/stable/25483277 . Accessed: 28/02/2013 12:46 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at .
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interactive (bargainers influence each other) 3. Various internal and external factors drive the interactions (time limitations) * Process constantly revises the parameters of negotiation * Narrowing the bargaining range and guiding the discussion towards a settlement point Power point * Offers‚ counteroffers‚ and motives * Affiliation motive vs. power motives 2. Information about Alternative * Important sharing information with other party influence the negotiation
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Foreign‚ with a labor force of 800. Foreign’s unit labor requirement in apple production is 5‚ while in banana production it is 1. a．Graph Foreign’s production possibilities frontier: b．Construct the world relative supply curve. [pic] 3．Now suppose world relative demand takes the following form: Demand for apples/demand for bananas = price of bananas/price of apples. a．Graph the relative demand curve along with the relative supply curve: [pic] ∵When the market
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actions an organization undertakes in order to create and sustain competitive advantages. Romantic view of leadership Situations in which the leader is the key force determining the organization´s success – or lack thereof. X: Steve Jobs On the other hand‚ when thing´s don’t go well‚ much of the failure of an organization can also be attributed to the leader. X: Nokia External control view of leadership Situations in which externals forces – where the leader has limited influence – determine
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Management of International Business Topic: International Human Resource Management Submitted to: Submitted by: Ms. Roma Nirmit Rana Ayushi Jain MBA 3B INTERNATIONAL HUMAN RESOURCE MANAGEMENT IHRM can be defined as set of activities aimed managing organizational human resources at international level to achieve organizational objectives and achieve competitive advantage over competitors at national and international level. IHRM includes typical
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effort to make their exports more price-competitive on world markets Competitive devaluations are often considered self-destructive‚ however‚ as they also make imports relatively more expensive. There are many reasons that a country would devalue their currency and many countries have used this method to meet some economic goal. Devaluation could be used to discourage importing from other countries. If the currency is devalued in Venezuela other countries products are more expensive to purchase‚
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Avicular Controls‚ ACI‚ should win this deal to expand its market in Asia. Based on the data provided by International Air Transport Association’s (IATA)‚ the report indicated that passenger and cargo traffic would double in Asia by the year of 2010. The increase in the demand of air transportation is an opportunity for Avicular Controls to expand the market in Asia. Not only would the deal benefit ACI from lifting its prestige‚ but also generating the long term revenue of maintenance. In addition
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TUTORIAL 1: INTRODUCTION TO INTERNATIONAL PURCHASING Section A : Discussion Questions 1) What are the main objectives of Purchasing in any organization? Please elaborate for each objective. a. Maintain continuity of supply The organization must ensure the continuous availability of material‚ supplies and equipments to maintain production schedule or to avoid disruption in production. Purchase products and services at the right quality from the right supplier in the right quantity at
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these goals relevant to global marketing? Marketing activities represent an organization’s efforts to satisfy customer wants and needs by offering products and services that create value. These goals are relevant in virtually every part of the world; however‚ when an organization pursues market opportunities outside of its home country (domestic) market‚ managers need an understanding of additional conceptual tools and guidelines. 2. Identify and briefly describe some of the forces that have
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