International Business chapter 11

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1、InternationalBusinessChapterIGlobalizationLearningObjectivesDescribetheprocessofglobalizationandhowitaffectsmarketsandproductionIndentifythetwoforcescausingglobalizationtoincreaseSummarizetheevidenceforeachmainargumentintheglobalizationdebateIdentifythetypesofcompaniesthatpar

2、ticipateininternationalbusinessDescribetheglobalenvironmentandidentifyitsfourmainelementsInfluenceonmarketsandproductionandtheforcesbehinditsgrowth...IllustratestheopportunitiesthatglobalizationcreatesforentrepreneursLocalizesservicesfor19nationalstocapitalizeonexplodinggloba

3、ldemandforuser-createdvideocontent.Howglobalizationisreshapingourpersonallivesandalteringtheactivitiesofinternationalcompanies.Globalization...GlobalizationisreshapingourlivesandleadingusintounchartedterritoryNewtechnologiesdrivedownthecostofglobalcommunicationandtravelReduce

4、barrierstotradeandinvestmentForcestheindustriestogrowmorecompetitiveCompetitionintensifiesonaglobalscaleInternationalBusinessInvolvesUsAllThedynamicnatureofinternationalbusinessaffectseachofuspersonallyWeexperiencetheresultofdozensofinternationaltransactionseveryday.Internati

5、onalbusiness:anycommercialtransactionthatcrossthebordersoftwoormorecountriesImports:GoodsandservicespurchasedabroadandbroughtintoacountryExports:GoodsandservicessoldabroadandsentouracountryTotalvalueofgoodsandservicesexportedbyallnationseachyearisabout$15trillion.TechnologyMa

6、kesItPossibleThemostremarkablefacilitatorofsocietalandcommercialchangestoday.IdeaforproducthatchedinSingaporeConceptapprovedinUSA(Houston)ConceptdesigndoneinSingaporeEngineeringdesigninTaiwanAssemblyinSingapore,Australia,ChinaandIndiaGlobalTalentMakesItHappenMediacompaniestod

7、aycommonlyengageinapracticebestdescribeasaglobalrelayrace.Huluemploystwotechnicalteams(ChinaandUSA)TheyworkalternativelytogetherGlobalizationTowardgreatereconomic,cultural,political,andtechnologicalindependenceamongnationalinstitutionsandeconomicsCharacterizedbydenationalizat

8、ionDifferentfrominternationalizationIncreasinglyfreerflowofgoods,ser