Ch. 4: Managing a Global Environment Flashcards

1
Q

4 ways to get started internationally

A
  1. export
  2. outsource
  3. licensing/franchising
  4. direct investing (joint venture, wholly owned affiliate, greefiled venture)
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2
Q

Hofstede’s Value Dimensions (4)

A
  1. power distance
  2. uncertainty avoidance
  3. masculinity/femininity
  4. individualism/collectivism
    - long term/short term orientation
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3
Q

2 ways to gauge economic development

A
  1. infrastructure
  2. per capita income
    - more developed = more competitive
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