Inter subject management cognitive operation * Applying management concepts and techniques in a inter home(a) environment; * Adapting management practices to different economic, political, and heathen environments Multinational thr champion (MNC) * Operations in more than one country * International sales * Nationality liquify of managers and owners globoseisation * The process of consolidation among countries around the beingness with a resource of a single market entity: Social Economic governmental technical Cultural * Pros * Wealth, jobs, technology, lower prices * Cons * Off-shoring of business service jobs to lower-wage countries, growing mold deficits, slow wage growth and ghettoing (drive down wage/ figure of that skill in country based in) of west, environmental and social impacts Internationalisation: * The process of a business crossing national and cultural borders Global and regional Integration * Global agreements * orb employment Organisation (WTO) * General stipulation on Tariffs and apportion (GATT) * Regional concords * North American Free manage Agreement (NAFTA) * U.S.
of import American Free craft Agreement (CAFTA) * European sodality (EU) * Association of Southeast Asian Nations (ASEAN) * Free Trade Agreement of the Americas (FTAA) International Economic Power in the Global Economy * sack landscape due to: * Economic integration * Economic potential of appear markets Trends in International Investments and Tra! de * International Investments * 80% from developed countries * unconnected direct investiture (FDI) * Growing at healthy rate * Outpacing home(prenominal) growth in most countries * International Trade * Over ½ of world flip accounted for by United States, Eurpoean Union and Japan * Increased well over last two decades Economic Systems of the world * marketplace Economy...If you pauperization to get a full essay, order it on our website: OrderCustomPaper.com
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