Term
|
Definition
| trend toward greater economic , cultural, political, and technological independence among national institutions and economies |
|
|
Term
|
Definition
| use of computer networks to purchase sell or exchange products to service customers and to collaborate with partners. |
|
|
Term
| how global talents contributes to efficiency and competitiveness |
|
Definition
| can work when others sleep. more competition |
|
|
Term
|
Definition
| a company that adopts a global perspective and engages in international business from or near its inception. |
|
|
Term
| multinational corporations |
|
Definition
| a business that has direct investments (in the form of marketing or manufacturing subsidiaries) abroad in multiple countries. |
|
|
Term
| small business and entrepreneurs |
|
Definition
| small companies and individuals becoming increasingly active in international trade and investment |
|
|
Term
|
Definition
| Gross national product market value produced by countries residence no matter where they live |
|
|
Term
| Globalization of production |
|
Definition
| production world wide to achieve best price or quality |
|
|
Term
| benefits of global markets |
|
Definition
reduces marketing costs
creates new market opportunity
levels income stream |
|
|
Term
|
Definition
| development that meets the needs of the present without the compromising the ability of the future generations to meet their own needs |
|
|
