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% Document Info
\author{Natalie Moore (NatalieMoore)}
\pdfinfo{
  /Title (globalisation-and-international-business.pdf)
  /Creator (Cheatography)
  /Author (Natalie Moore (NatalieMoore))
  /Subject (Globalisation and international business Cheat Sheet)
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    \vspace{-2pt}\large{\bf{\textcolor{DarkBackground}{\textrm{Globalisation and international business Cheat Sheet}}}} \\
    \normalsize{by \textcolor{DarkBackground}{Natalie Moore (NatalieMoore)} via \textcolor{DarkBackground}{\uline{cheatography.com/19119/cs/2194/}}}
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  \mymulticolumn{2}{p{5.377cm}}{\bf\textcolor{white}{Cheatographer}}  \\
  \vspace{-2pt}Natalie Moore (NatalieMoore) \\
  \uline{cheatography.com/nataliemoore} \\
        \uline{\seqsplit{www}.jchmedia.com/}
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  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Cheat Sheet}}  \\
   \vspace{-2pt}Published 4th June, 2014.\\
   Updated 12th May, 2016.\\
   Page {\thepage} of \pageref{LastPage}.
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  Measure your website readability!\\
  www.readability-score.com
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\begin{multicols*}{3}

\begin{tabularx}{5.377cm}{X}
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\mymulticolumn{1}{x{5.377cm}}{\bf\textcolor{white}{Define Globalisation}}  \tn
% Row 0
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\mymulticolumn{1}{x{5.377cm}}{The process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.} \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{Interdependence of economic and cultural activities} \tn 
% Row Count 5 (+ 2)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{5.377cm}}{Advances in transportation and telecommunications infrastructure, especially the Internet, are major factors} \tn 
% Row Count 8 (+ 3)
% Row 3
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{Enables people to get more variety, better quality, lower prices.} \tn 
% Row Count 10 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}-}
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\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{X}
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\mymulticolumn{1}{x{5.377cm}}{\bf\textcolor{white}{Growth in globalization of international business}}  \tn
% Row 0
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\mymulticolumn{1}{x{5.377cm}}{Technology evolving and expanding, esp in transport and communications} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{Government lifting of trade restrictions} \tn 
% Row Count 3 (+ 1)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{5.377cm}}{Growth in service industry of tools to facilitate international business} \tn 
% Row Count 5 (+ 2)
% Row 3
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{Consumer interest in international goods} \tn 
% Row Count 6 (+ 1)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{5.377cm}}{Competition becoming global via the internet} \tn 
% Row Count 7 (+ 1)
% Row 5
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{Improvement in political ties in major economic powers} \tn 
% Row Count 9 (+ 2)
% Row 6
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\mymulticolumn{1}{x{5.377cm}}{Cross national cooperation} \tn 
% Row Count 10 (+ 1)
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\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Key terms}}  \tn
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\seqsplit{Agglomeration} & Benefits that firms obtain by locating near each other \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
Born-global & Venture launched to exploit global niche from begining \tn 
% Row Count 6 (+ 3)
% Row 2
\SetRowColor{LightBackground}
Sovereignty & Independent authority over a geographic area. A nations freedom from external control. \tn 
% Row Count 10 (+ 4)
% Row 3
\SetRowColor{white}
\seqsplit{Transnational} company & A commercial enterprise that operates substantial facilities, in 2+ countries, does not consider any country national home. \tn 
% Row Count 15 (+ 5)
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\mymulticolumn{1}{x{5.377cm}}{\bf\textcolor{white}{Govs are reducing trade restrictions because}}  \tn
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\mymulticolumn{1}{x{5.377cm}}{Citizen demand for more products and lower prices} \tn 
% Row Count 1 (+ 1)
% Row 1
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\mymulticolumn{1}{x{5.377cm}}{Comp increases internal efficencies in domestic markets} \tn 
% Row Count 3 (+ 2)
% Row 2
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\mymulticolumn{1}{x{5.377cm}}{Hope other countries reciprocate} \tn 
% Row Count 4 (+ 1)
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\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{X}
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\mymulticolumn{1}{x{5.377cm}}{\bf\textcolor{white}{International Business Definition}}  \tn
% Row 0
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\mymulticolumn{1}{x{5.377cm}}{All commercial transactions that take place between two or more regions, countries and nations beyond their political boundaries.} \tn 
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\mymulticolumn{1}{x{5.377cm}}{Private and governmental, sales, investments, logistics, and transportation} \tn 
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\mymulticolumn{1}{x{5.377cm}}{Private for profit} \tn 
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\mymulticolumn{1}{x{5.377cm}}{Govt profit and political} \tn 
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\mymulticolumn{1}{x{5.377cm}}{Transaction of economic resources include capital, skills, people etc} \tn 
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\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Critiques}}  \tn
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Human Impact & Social disintergration, democracy breakdown, spread of diseases, increasing poverty, alienation \tn 
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\seqsplit{Environmental} Impact & More rapid and extensive deterioration \tn 
% Row Count 6 (+ 2)
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\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{The competative advantage}}  \tn
% Row 0
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Strategy & Products compete by cost or differentiation (brandimage or unique characteristics). Mass market or niche. Situation differs between countries. \tn 
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% Row 1
\SetRowColor{white}
Resources and exp & Size and resources compared to comp \tn 
% Row Count 8 (+ 2)
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Competition in each market & Success depends on if comp is local or also international \tn 
% Row Count 11 (+ 3)
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\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Costs of globalisation}}  \tn
% Row 0
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Threat to national sovereignty & National priorities are sometimes compromised by international trade. Eg labour laws, minimum wage etc. External countries dont face same laws. Small countries rely on larger for markets and supplies. Poor countries inadequate capacity to deal with globalisation. Large companies dictate terms (eg tax free) and exploit legal loop holes, fovour home country \tn 
% Row Count 18 (+ 18)
% Row 1
\SetRowColor{white}
Growth and environmental stress & Brings economic growth, eats up non renewable resources. \tn 
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Growing income inequality \& personal stress & Inequality growing within and between countries \tn 
% Row Count 24 (+ 3)
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\mymulticolumn{1}{x{5.377cm}}{\bf\textcolor{white}{Reasons companies engage in int business}}  \tn
% Row 0
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\mymulticolumn{1}{x{5.377cm}}{Sales expansion} \tn 
% Row Count 1 (+ 1)
% Row 1
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\mymulticolumn{1}{x{5.377cm}}{Resource acquisition} \tn 
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\mymulticolumn{1}{x{5.377cm}}{Risk minimization} \tn 
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\mymulticolumn{1}{x{5.377cm}}{Diversify their revenue stream} \tn 
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\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Types of international organisations}}  \tn
% Row 0
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Collaborative arrangments - Companies work together & Joint ventures, licensing agreements, management contracts, minority ownership, \tn 
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% Row 1
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Multinational enterprice & Any company with foreign direct investments \tn 
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\hhline{>{\arrayrulecolor{DarkBackground}}--}
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\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{How is International business different}}  \tn
% Row 0
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Physical factors & Geography and demography. Affect where goods and services can be produced \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
Social factors & Politics influences ease of business, law also, as well as culture and economy \tn 
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Competitive factors & \# and strength of suppliers, customers and rival firms \tn 
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\hhline{>{\arrayrulecolor{DarkBackground}}--}
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\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Modes of operation in int business}}  \tn
% Row 0
\SetRowColor{LightBackground}
Merch export and import & Most common IB transactions \tn 
% Row Count 2 (+ 2)
% Row 1
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Service export and import & Tourism and transportation, service performance (banking, rental, engineering, mgmt services) earnings via fees \tn 
% Row Count 7 (+ 5)
% Row 2
\SetRowColor{LightBackground}
Asset use & Licensing agreements (contracts to use trademarks, patents, copyrights), \tn 
% Row Count 10 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
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\par\addvspace{1.3em}


% That's all folks
\end{multicols*}

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