IMS 3310 Chapter 1 Terms
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | (1) A business (or firm) that engages in international (cross-border) economic activities or (2) the action of doing business abroad.
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| show | A firm that engages in foreign direct investment and operates in multiple countries.
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| Foreign Direct Investment (FDI) | show 🗑
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| show | Business around the globe.
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| Emerging Economy (or Emerging Market) | show 🗑
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| show | The group of 19 major countries plus the European Union (EU) whose leaders meet on a regular basis to solve global economic problems.
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| show | The sum of value added by resident firms, households, and governments in an economy.
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| Purchasing Power Parity (PPP) | show 🗑
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| show | Three regions of developed economies (North America, Western Europe, and Japan.)
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| show | The vast majority of humanity, about five billion people, who make less than $2,000 a year on a per capita basis.
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| Expatriate Manager (Expat) | show 🗑
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| International Premium | show 🗑
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| Institution-Based View | show 🗑
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| show | Formal and informal rules of the game
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| show | Formal and informal institutions that govern individual and firm behavior.
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| Formal Institutions | show 🗑
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| Informal Institutions | show 🗑
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| Resource-Based View | show 🗑
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| show | The inherent disadvantage that foreign firms experience in host countries because of their non-native status.
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| Globalization | show 🗑
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| BRIC | show 🗑
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| show | The identification and assessment of risks and the preparation to minimize the impact of high-risk, unfortunate events.
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| Scenario Planning | show 🗑
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| Semiglobalization | show 🗑
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| show | Organizations that are not affiliated with governments. Such organizations include environmentalist groups, human rights activists, and consumer groups.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
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