Competing in a global context
Tax Considerations and exchange rates
City leadership and business opportunities
Economic and financial flows
Global trade environment
Supply chain
innovation
Human resource management
geography
activity
tactic knowledge
competition
social interaction
regional innovation systems
skilled workforce
IHK
IT infrastructure
producer associations
organisational strategy
context
internal
external
Sustainability goals
PESTLE
business functions
glocalisation
threats/opportunities from external environment
flows
business management
WTO
challenges
labour
goods
money
services
trade agreements
negotiations
adapting to change
political instability
cultural differences
managed remotely
trade & political agreements
International operations
complex supply network
manage bullwhip effect
manage effectively
outsourcing
prioritisation of cultural needs
ability to adapt processes
offshoring
exchange rates
capital costs
transport costs
re-shoring
manage efficiency
exceptions
cost
carbon footprint
processes
distributors
change
IMF
The World Bank
unbalanced
MNC's
squashing competition
tax avoidance
smaller no.s of employees
domination
product offerings
jurisdiction
fluctuations
strategy
Finance reporting
IFRS
US GAAP
convergence issues
globally adopted
aim to determine standards
based on principles
managerial leadership
political leadership
civic leadership
business leadership
globalisation
divergence
convergence
crossvergence
collaboration with other business functions
integration multinational workforce
employees
skills
retention
pay