PHASE 2 - MULTINATIONAL MGMT IN A CHANGING WORLD CH. 22 Flashcards Preview

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Flashcards in PHASE 2 - MULTINATIONAL MGMT IN A CHANGING WORLD CH. 22 Deck (12):
1

multinational mgmt

formulation of strategies and design of mt system that successfuly takes advantage of international opporutnities and responds t international threats

2

lgobalizaiton

worldlide rend of corss border economic integration allowing businesses to expnad beyond their domestic boundaries

3

general agreement on tariffs and trade

gatt, tariff negotiatons among several nations reducing average worldwide tarif on manufactured goods

4

wto - world traade organization

contineud negotiations to reduce trade barriers, settle trade disputes 150+ nations

5

eu - european union

27 members, g/s more aorss borders without custom/quotas

6

nafta

north american free trade agreement
nks us, canada, mexico in conomic bloc

7

fdi

foregin diret investment

8

apec

asia apcific economi ccoperation

9

global standards

increase compet pressure to save money by evlop one product for everyone

10

global mindsetm

mangaers think globally, act locally

11

long range perspective

think long term

12

strategy

manuvers/activy that managers use to sustan increase organizaitonl performance