Participants In IB Flashcards
0
Q
MNE
A
Multi national enterprise (active in 2 or more countries)
1
Q
Types of participants
A
- Focal firm: initiator of a business transaction (MNEs SMEs)
- Distribution Chanel intermediary: specialist firm that provides distribution, logistics, etc.
- Facilitator: firm that provides special expertise in banking, law, market research, etc.
- Governments: active in IB as suppliers, buyers and regulators
2
Q
SME
A
- Small and medium sized enterprise 250-500 or fewer employees
- exporting
- too small for fdi
3
Q
Biggest companies 2013
A
- Wal Mart
- Exxon mobile
- Chevron
- Berkshire Hathaway