International bussiness 6th griffin pustay chapter 01

The Business of the Olympics Copyright 2010 Pearson Education, Inc.. publishing as Prentice Hall... The Business of the Olympics continued • Intense reflection of international business

The Business of the Olympics

Copyright 2010 Pearson Education, Inc publishing as Prentice Hall

The Business of the Olympics

(continued)

• Intense reflection of international

business

• Government of games by IOC

• Competition for hosting

• Revenue sources for the Olympics

What Is International

Business?

– Private individuals – Individual companies – Groups of companies – Governmental agencies

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How Does International Business

Differ from Domestic?

International Business Activities

Exporting and Importing

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Visible and Invisible Trade

Figure 1.1 Exports as a % of GDP

Other Forms of International Business Activity

Management contracts

Franchising Licensing

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Variations of Organizations

Multinational Corporation Multinational Enterprise Multinational Organization

Multinational Corporations

(MNCs)

• Engage in foreign direct investment

• Own and control foreign assets

• Buy resources in multiple countries

• Create goods and services in multiple

Table 1.1 The World’s Largest

The Era of Globalization

markets, nation-states, and technologies…in a way that is enabling individuals, corporations and nation-states to reach around the

world farther, faster, deeper, and cheaper than ever before

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Figure 1.2 World Exports

as a % of World GDP

Contemporary Causes of

Globalization

Strategic Imperatives

Environmental Change and

Globalization

Changes in Political Environments

Technological Changes

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Globalization and Emerging Markets

Globalization and Emerging Markets (continued)

Big Ten Argentina Brazil China

South Korea Indonesia Mexico

Poland Turkey India

South Africa

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