Please enable JavaScript.
Coggle requires JavaScript to display documents.
Competing in a Global Context (Finance (Global Financial Institutions (IMF…
Competing in a Global Context
Finance
Global Imbalances
The Global Trade Environment
The Global Village (McMillan)
Impact on non-global businesses
Localising the Global Context
Analysis
Comparative Advantage Theory
Relative
Absolute
5 Forces Model (Porter)
Diamond Model (Porter)
Global Financial Institutions
IMF
Supports countries in financial difficulty
World Bank
Long Term approach
The IFRS
Global financial reporting regulation body
Multinationals are the Heart of the Global Economy
Provision of economic stability
Global corporation Tax / Profit Shifting
International Exchange rates
Currency markets
Human Resources
Operations
Offshoring
Cost savings
The rise of China and other Developing nations
Can provide hidden costs and challenges
Ethical concerns in Supply chain
Increasingly complex supply chains and networks
Performance optimised by streamlining entire chain
Bullwhip effect
Effective Supply chain partnerships improve flow
Vertical integration is inefficient
Reshoring
Service Operations require awareness of
Marketing
Global Culture
Convergence
Divergence
Crossvergence
Globalisation v Customisation
Global Knowledge / Local needs
Internationalised Labour Market
Employees
Increased opportunities
Increased threats
Companies
Increasingly skilled labour pool
Enhanced Innovation
Increased competition from international companies
Globalised supply chain
Race to the bottom?
Macro / Micro Environment
Branding
Naming
Brand Identitiy
Brand Reputation
Use of Social Media
Ethical Issues
CSR
Brand Equity
Globalisation
Enhance Trade and Provides Obstacles
Glocalisation
Trans-national Institutions
Global Growth Strategy
Negative Impact
Fluctuation in competition
Impact of lobbyists
Tax Avoidance
Positive Impact
Multinational companies
Opportunities
Government involvement
Obstacles
Political instability
Cultural differences
Businesses have greater influence on countries than ever before
City Leadership
Political
Managerial
Civic
Business