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Competing in a global context
Competing in a global context
Human Resource Management
Organisational culture
Identify/Seek/Adopt Practices
Cultural differences
Employee Relations
Unions
International Labour Market
Marketing
Micro-environment considerations
Costs
Competition
Market size
Profit potential
Market Access
growth rate
Modes of Entry
Management Contracting
Direct Investment
Contract Manufacturing
Franchising
Licensing
Joint Ventures
Strategic Alliances
Global Strategic Partnerships
Indirect/Direct exporting
Branding
Defining
Naming
Equity
Identity
Reputation
Ethics
Corporate Social Responsibility
Macro environment Considerations
Trading Systems
Socio-cultural
Ethical
Technological
Political and Legal
Economic
Tax considerations and exchange rates
International tax rates
Transfer pricing
Base Erosion
Profit Shifting
Arms Length
Exchange rates
Fluctuations
Foreign Exchange Market
Supply and Demand
Currency market
Government Intervention
International financial reporting
Stewardship
Borrowed finery
Imperialism
Taxation
International financial reporting standards (IFRS)
The Global Trade Environment
World Trade Organization
Competition
Industry
Comparative Advantage
Absolute Comparative Advantage
Relative Comparative Advantage
Globalisation
Trade Agreements
Creation of Barriers
International Operations
Supply Chain Management
Internationalisation
Pros
Greater Choice
Flexibility over suppliers
Cons
Low cost labour
Working Conditions
Outsourcing
Pros
lower unit costs
fewer direct staff
Cons
Loss of control
Supply chain risks
Reduced economies of scale
Manufacturing
Strategies
Networks
Global coordinated operations
Regional operations
Home country operations with exports
Multi-domestic operations
Location
Service Operations
Economic and Financial Flows
Balance of payments
Capital account
Financial account
Current account
Global Imbalances
Private sector spending
Public sector spending
Foreign Direct Investments
Multinationals
Globalisation
Convergence
Divergence
'Parent' Culture
Standardisation
coalesce
Costly
Time consuming
Organisational strategy
Crossvergence
Context
Influence
Alternative
International financial institutions
International Monetary Fund (IMF)
The World Bank