International Business Notes
International Business Checklist
* What is the difference between Ethics & Morals. * Understand Hofsted’s four primary cultural dimensions. * Understand the meaning of ‘opportunity costs’. * Make sure you understand co ordinate/ Cartesian geometry. If not go & ask A.S.K. * Demand & Elasticity - Practice your percentages. * What is the difference between revenue & costs! When profit is at its maximum what is the gradient of the slope? * Competition depends on what main factors according to the theory. * Which markets reflect the real world? * Who owns MNCs? * Find an example whereupon a MNC have been fined for anti competitive behaviour. * What is S.I.C.? Name some categories. * Is today’s national debt, as a % of GDP, the biggest the UK has ever had? * What is John Maynard Keynes well known for. * Are tariff & quota reductions always ‘a good thing’. Discuss. * Who controls the United Nations? * What is the difference between a FTA & a Customs Union? * Do you think the European Union a good idea. Why? * Should the whole world join the Euro. Why not?
* The International business environment and Globalisation. * World Organisations. * Political Economy of Globalisation. * Differences across nations. * The Role of Culture and Ethics in International Business – Part I * An Overview of International Trade Theories: The Product Life Cycle Theory, National Competitive Advantage – Porter’s Diamond and the Eclectic Paradigm * Costs & Economies of Scale * Demand & Elasticity. * Supply & Revenue & Profit. * Competition & Specialisation. * Market Structures. * Imperfect Competition &Oligopolies. * Multinational Corporations. Nature & characteristics. Structure of Firms * Multinational Companies & Business Strategy. * Statistics on growth and size of MNCs: The geographic & industrial spread. * Balance of Payments
* What is the difference between Ethics & Morals. * Understand Hofsted’s four primary cultural dimensions. * Understand the meaning of ‘opportunity costs’. * Make sure you understand co ordinate/ Cartesian geometry. If not go & ask A.S.K. * Demand & Elasticity - Practice your percentages. * What is the difference between revenue & costs! When profit is at its maximum what is the gradient of the slope? * Competition depends on what main factors according to the theory. * Which markets reflect the real world? * Who owns MNCs? * Find an example whereupon a MNC have been fined for anti competitive behaviour. * What is S.I.C.? Name some categories. * Is today’s national debt, as a % of GDP, the biggest the UK has ever had? * What is John Maynard Keynes well known for. * Are tariff & quota reductions always ‘a good thing’. Discuss. * Who controls the United Nations? * What is the difference between a FTA & a Customs Union? * Do you think the European Union a good idea. Why? * Should the whole world join the Euro. Why not?
* The International business environment and Globalisation. * World Organisations. * Political Economy of Globalisation. * Differences across nations. * The Role of Culture and Ethics in International Business – Part I * An Overview of International Trade Theories: The Product Life Cycle Theory, National Competitive Advantage – Porter’s Diamond and the Eclectic Paradigm * Costs & Economies of Scale * Demand & Elasticity. * Supply & Revenue & Profit. * Competition & Specialisation. * Market Structures. * Imperfect Competition &Oligopolies. * Multinational Corporations. Nature & characteristics. Structure of Firms * Multinational Companies & Business Strategy. * Statistics on growth and size of MNCs: The geographic & industrial spread. * Balance of Payments