Upgrade to remove ads
MAR 4156 Chapter 2
Terms in this set (16)
A deficit generates a decrease in this and consumption, saving, investment, and tax revenue.
Balance of trade
the difference between the value of exports and imports.
new technology, fusing biology and technology.
A trade union
Growth in global trade has exceeded growth in domestic trade.
made more rampant by IT.
seeks to optimize 3 values; social, environmental, and financial.
High tech products
Produced using the most advanced tech.
This has shown the fastest growth.
This cannot give long-term competitive advantages.
New technology, tiny machines.
North American Free Trade Association NAFTA
US; Mexico; Canada;
Auditing a companies external environment.
Political; Economic; Social; Technological; Environmental; Legal;
links companies together by products and services
Transactional corporations or TNC's
A globalized business
Characteristics of high tech markets
Results of this are:
markets mature rapidly;
Product-oriented rather than consumer-oriented.
Foreign Policy Act
rates countries according to their level of globalization.
TNI Trans-nationality Index
rates companies based on foreign operations.
THIS SET IS OFTEN IN FOLDERS WITH...
MAR 4156 Chapter 1
MAR 4156 Chapter 3
MAR 4156 Chapter 4
Ansoff Matrix Summary
YOU MIGHT ALSO LIKE...
Econ Unit 5 Test Globalization
BUS 100 Chapter 3
Quiz 2 Questions
OTHER SETS BY THIS CREATOR
MAR 3391 - Exam 2 pt2
MAR 3391 - Exam 2 pt1
MAR 4156 - Chapter 12
MAR 4156 - Chapter 11