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B207 Block 2 - Competing in a global context (Finances (multinational…
B207 Block 2 - Competing in a global context
Trade
competition
comparative/relative advantage
Diamond Model
nations
firms structure
demand
factors/resources
supporting industries
Five forces of competition Model
industry
competitors
buyers
bargaining power
substitute threat
potential entrants
Supply Chain
vertical
upstream
secure/restric supply
high demand
reliability
downstream
high variety
customer knowledge
customer control
horizontal
outsourcing
disadvantages
quality control
expatriate staff
inventory increase
ethical issues
performance issues
advantages
cost
flexibility
simplify management
economies of scale
Operations management
decisions
costs
strategy
resources
logistics
Finances
world banks
IMF
The World Bank
account
surplus
deficit
balance
capital
finances
multinational businesses
effect
low
growth
startups
firms
shares
employment
market control
tax avoidance
buy competition
IFRS
Mission
transparency
quality
accountability
efficiency
Tax Standards
global
Culture
convergence
global
habits
style
culture
divergence
local
standards
offering
style
crossvergence
global
company
know-how
local
adaptions
offerings
Brand
equity
name
logo/identification
identity
reputation
HRM
promote
conditions
standards
workforce variety
fair wages
Marketing
expansion triggers
markets
small
saturated
low-growth
customer expectations
competitive forces
cost
portfolio balance
macro environment
technological
social/cultural
economic
political/legal
micro environment
size/growth
competition
profit potential
market access
serving costs
Ethics
protection
consumers
cultural diversity
wellbeing
minority groups
CSR
morality
governments
corporations
market