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BA 316 Final
University of Oregon T.Starr
| Question | Answer |
|---|---|
| Globalization allows..? | small and large firms from developed and less developed economies compete |
| Globalization is..? | the flow of goods and services, capital, and knowledge across country borders |
| Globalization enhances..? | economic interdependence among countries and organizations |
| Exporting | Selling abroad, either directly or through sales agents and distributors |
| Cooperative contracts | Granting a foreign firm the right to manufacture and distribute a product |
| Strategic alliances | Cooperative agreements between two companies; share resources |
| Global new ventures | Global vision from inception |
| Wholly owned Affiliates | 100% owned by the parent company |
| National Culture | The set of shared values & beliefs that affects the perceptions, decisions & behavior of the people from a particular country |
| expatriation | someone who lives & works outside his/her native country |