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Question 1

Strategies of Globalization

Question 2

Positive and Negative Effects of Globalization

Question 3

Competitive Advantages

Answer 3

• Market Share/Performance (compared to key competitors)
• Partnerships with Suppliers
• Customer Demand
• Customer Loyalty
• Distribution
• Service
• Support Systems
• Knowledgeable Workers

Question 4

Factors of Positive and Negative Global Presence

Answer 4

factors of positive:
- Reliability
- Fairness/Integrity
- Standards of goods and services

factors of negative:
- non-democratic governments
- unsafe or unfair working conditions
- lack of environmental protection
- political upheaval

Question 5

SWOT

Answer 5

strengths, weaknesses, opportunities, threats

Question 6

PEST

Answer 6

political, economic, social / cultural, technological

Question 7

GDP and GDP per Capita Forumlas

Answer 7

gdp per capita = gdp / population

Question 8

Comparative and Absolute Advantages

Question 9

Impact of Globalization on the Economy

Question 10

List of International Organizations That Help Trade

Question 11

European Union (EU)

Question 12

World Trade Organization (WTO)

Question 13

Asia-Pacific Economic Organization (APEC)

Question 14

Group of Eight (G8)

Question 15

Group of Twenty (G20)

Question 16

Organization for Economic Cooperation and Development (OECD)

Question 17

International Monetary Fund (IMF)

Question 18

United Nations (UN)

Question 19

Four questions that a company should ask themselves before going international / global

Answer 19

1. Which product will be used for the “launch?”
2. Which markets should be entered first?
3. What’s the best way to enter these markets?
4. How fast should the company expand internationally?