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BEC Flash Cards > BEC 6 - Topic 3 > Flashcards

BEC 6 - Topic 3 Flashcards

1
Q

How is Globalization measured?

A

World trade as percentage of GDP.

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2
Q

Factors driving globalization?

A

Improvements in transportation.
Tech advancements
Deregulation of financial markets
Operational options for international business

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3
Q

What are methods of international business operations?

A 
International trade
Licensing
Franchising
Joint Ventures
Foreign Direct Investment
Global Sourcing
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4
Q

What is functional interdependence?

A

Participation of nations in worldwide institutions.

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5
Q

What is Systemic Interdependence?

A

All members of the global community share the planet Earth.

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BEC Flash Cards (11 decks)

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