Shared Flashcard Set

Details

Title

MGT 302 ch 1

Description

n/a

Total Cards

Subject

International Studies

Level

Undergraduate 4

Created

09/04/2008

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Additional International Studies Flashcards

Term

•Globalization

Definition

•the shift toward a more integrated and interdependent world economy

Term

•International Trade:

Definition

•when a firm exports goods or services to consumers in another country

Term

•
•International Business:

Definition

• any firm that engages in international trade or investment

Term

Foreign Direct Investment

Definition

when a firm invests resources in business activities outside its home country

Term

Multinational Enterprise (MNE)

Definition

any business that has productive activities in two or more countries