Brazil : embracing globalization This case is about Brazil's development strategy since World War II and about the change of the economic model following the debt crisis of the 1980s. In 2000, Brazilian officials were pondering whether to go for regional integration (Mercosur) or globalization to ensure the country's economic prosperity and development. Import-substitution strategy After the Great Depression of the 1930s, Brazil followed an import substitution strategy which consisted
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What is International Business? International business consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations. Learning Objectives To understand the history and impact of international business. To learn the definition of international business. To recognize the growth of global linkages today. To understand the U.S. position in world trade and the impact international
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ScienceDirect Procedia Economics and Finance 6 (2013) 418 – 423 International Economic Conference of Sibiu 2013 Post Crisis Economy: Challenges and Opportunities, IECS 2013 Global Strategy: the Case of Nissan Motor Company Sorin-George Tomaa, Paul Marinescua * a Faculty of Administration and Business, University of Bucharest, Romania Abstract The concept of global strategy has become prominent in the international business and management literature in the 1980s. The aims of our paper
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INTERNATIONAL ENTRY AND COUNTRY ANALYSIS A Lecture Programme delivered at the Technical University of Košice Andrew Harrison Formerly of Teesside University, United Kingdom December 20112 Andrew Harrison’s Brief Biography Andrew Harrison was a Principal Lecturer and Subject Group Leader in economics at Teesside University until August 2010 and has been a visiting lecturer at the Technical University of Košice since April 1993. He has also been a visiting lecturer in Germany, Ukraine and Singapore
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RMB as a Regional International Currency: Costbenefit Analysis and Roadmap Jing LI 1 Abstract With the rise of China, following the enhanced economic and trade relationship between China and Asian economies, and China’s increasing importance in the world economy, China’s national currency, the renminbi (RMB) will be getting global from Asia. As regional internationalization of RMB is doubleedged, in order to eliminate the financial risks brought by this
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Following is a closer look at some of the advantages and disadvantage one trade bloc that is situated in the Caribbean region named, Caribbean Community (CARICOM) and its expansion into CARICOM Single Market and Economy (CSME). Caribbean Community (CARICOM) The Caribbean Community (CARICOM) was established in July 1973 as an expansion of the former Caribbean Free Trade Association (CARIFTA) that had been in place for seven years prior ("Caribbean community (caricom)," 2014). The CARICOM trading bloc
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HAIER, TAKING A CHINESE COMPANY GLOBAL 1. SUMMARY Haier (“the Company”) was China’s biggest white-goods producer and supplier in 1990s. In 1984, there was nearly 300 local producers in China market, most of which were producing poor quality goods. However, customers were willing to pay more for higher-quality products and reliable service. This need created an advantage for differentiation. In Chinese market, demand was high. Haier being able to read customer need properly, focused on Product
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For example, the World Trade Organization (WTO), formed in 1995, now has 153 member countries involved in more than 95 percent of the world’s trade. The newest members are Cambodia, Nepal, Russia, Saudi Arabia, Tonga, Ukraine, and Viet Nam (The International Monetary Fund, set up by the United Nations in 1945, serves a similar purpose and includes 185 countries). The WTO provides a forum for nations to negotiate trade agreements and procedures for administering the agreements and resolving disputes
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Byung-il Min D301 9:00-10:15 The Globalization of Starbucks Case Discussion Question 1. Where did the original idea for the Starbucks format come from? What lesson for international business can be drawn from this? -First of all, Starbucks’s strategy was to provide their own premium-roasted coffee and freshly brewed espresso-style coffee beverages, along with a variety of pastries, coffee accessories, teas, and other products. When they spread to Japan coffee market, they used Japan’s
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BEO3432 STRATEGIC INTERNATIONAL TRADE OPERATIONS, SEMESTER 1: 2016 RESEARCH ASSIGNMENT (weight 30%) This assignment is to be undertaken in groups of three (3) students. The assignment accounts for 30 percent of the total assessment of this unit. Students are required to submit the assignment plan during the tutorial class of week 5 and the final report in the tutorial class of week 10. Students not conforming to the submission guidelines stated at the end of this document will incur a deduction
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