Ch. 4: Managing a Global Environment Flashcards
1
Q
4 ways to get started internationally
A
- export
- outsource
- licensing/franchising
- direct investing (joint venture, wholly owned affiliate, greefiled venture)
2
Q
Hofstede’s Value Dimensions (4)
A
- power distance
- uncertainty avoidance
- masculinity/femininity
- individualism/collectivism
- long term/short term orientation
3
Q
2 ways to gauge economic development
A
- infrastructure
- per capita income
- more developed = more competitive