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Block 2 Competing in Global Context :world_map: (Economic &…
Block 2
Competing in Global Context
:world_map:
Foreign Exchange Market :moneybag:
Currency Value
Supply
Demand
Equilibrium
McBurger Index :hamburger:
Problems
Impact :explode:
Import
Export
Competitveness
Solution :bulb:
Adopt currency
Operate globally :globe_with_meridians:
Timely currency purchase :watch:
Government Intervention
Economic & Financial Flows
Balance of Payments
Account
Capital
Financial
Current
FDI
Imbalances
Surplus :heavy_plus_sign:
Deficit :heavy_minus_sign:
Portfolio Investments
Insitutions
IMF
World Bank :bank:
Tax issues
Transfer pricing
Arms-length
Unitary
Jurisdictions
BEPS :warning:
OECD project
Financial Regulation
Jurisdications
Reporting objectives
IASB
IASC
Contingent Model
Means of Regulation :male-police-officer:
Roman Law
Common Law
IFRS
Vision :eyeglasses:
Global accounting standards
Standards
IASB
Agenda
Research
Development
Implementation
SMEs
International Marketing :airplane:
Expansion triggers :tokyo_tower:
Domestic Market
Saturated
Small
Low-growth
Customer drivers :racing_car:
Competitive forces
Cost Factors
Portfolio Balance
Enviroment
Macro :black_large_square:
Trading Systems
Socio-Cultural
Technological
Economic
Political/Legal
Ethical
Micro :black_small_square:
Market
Attractiveness
Size/Growth
Competition :medal:
Costs
Profit Potential
Access :no_entry:
Capabilities
Skills
Resources :mountain:
Product Adaption
Competitive Advantage
Modes of Entry
Exporting
Indirect
Direct
Joint Ventures
Strategic Alliances
Global Partnerships :silhouettes:
Licensing
Franchising
Contracting
Management
Manufacturing :construction_worker:
Direct Investment :money_with_wings:
Standardisation
Adaption
Branding :sunglasses:
Defining
Identity
Reputation :newspaper:
Equity
Content
Role
Consumers
Organisations
Architecture :church:
Logos
Packaging
Global Context
Innovation :new:
Global/local branding
Tribes/ Communities
Critical Reflections
Global trade :ship:
Environment
WTO
Supranational
Competition
Countries
Business :man_in_business_suit_levitating:
Porter
Five Forces
Diamond Model :diamonds:
Globalisation
Ethical Issues
Operations Segregation
Consumerism export
Developing Countries
Low-income Consumers
Cultural Homogenisation :icecream:
CSR
Regional ethics
Government intervention
Perspectives
Moral argument
Stakeholder expectation
Self-interest
UN SDGs
Responsibilities
Moral Agent?
Poverty
Environment :deciduous_tree:
Nutritional Transition :green_apple:
Regulations :rolled_up_newspaper:
Labelling
Policy issues
Stakeholders
International Operation
Supply Chain :chains:
Bullwhip effect :cow2:
Relationship :couplekiss:
Vertically Integrated
Joint venture
Arms-length
Partnership
Outsourcing
Implications
Input
Transformation process
Output :factory:
Offshoring :beach_with_umbrella:
Nearshoring
Strategies
Multi-domestic
Regional
Global
Home country (with exports)
Global culture
Crossvergence
Glocalisation
Divergence
Parent-culture
Convergence
Globalisation
Employee relations :silhouette:
HRM