The horizontal integration is not consistent with maximizing stockholder wealth when there are no appropriate prospective targets. This might occur, for example, if prospective targets have organizational cultures or business practices that differ sharply from the firm’s, then post-merger integration of the two firms may be very difficult or impossible; or, if there simply are no rivals that offer complementary skills or assets. Another drawback to horizontal integration is the possibility of antitrust
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Global Business Final Exam Notes DRIVERS AND METHODS Lecture 1: Introduction *Globalisation: shift towards a more integrated and interdependent world economy. International Business: Any business that has productive activities in two or more countries (multinational enterprise - MNE). *Globalisation of markets: Merging of historically distinct and separate national markets into a global marketplace in which the tastes and preferences of consumers in different nations are beginning to converge
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How does international business achieve its internationalisation objectives in the present-day context? 2. Write a brief overview of the organisation and its mission/objectives related to international business(maximum 500 words for this section) . Brief overview of Zara >>>> International business refers to a broad spectrum of business activities undertaken across national borders.This essay will discuss the international business and internationalisation objectives of Zara in the contemporary
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https://quizlet.com/9702915/global-business-test-1-multiple-choice-flash-cards/ When museums and monuments are built in order to preserve legacies of important events or people, it promotes which of the following? a. Cultural diffusion b. Caste system c. National culture d. Social mobility c. National culture The United Kingdom and United states value ______, whereas Japan and South Korea value ________. a. caste system; class system b. aesthetics; ethnocentricity c. individual
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of Management * The international management challenges of globalization * Key concepts in the challenges of globalization: Global economy, Globalization, International management, Global manager * Europe- European Union (EU) * The Americas- NAFTA, FTAA * Asia & Pacific * Africa- SADC (South Africa Development Community), ECOWAS (Economic community of West African States) * Forms and opportunities of international business * Reasons
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parking space. The first Carrefour hypermarket store was established at the intersection of five roads—hence the name, Carrefour, which means ‘crossroads’. Carrefour is the leading retailer in Europe and the second largest worldwide, with Exhibit A International development of Carrefour Year Country and mode of entry No. of stores (2009) 1969 1973 1975 1982 1989 1991 1993 1993 1994 1995 1996 1997 1997 1998 1998 2000 Belgium—Carrefour’s first hypermarket outside France Spain Brazil—Carrefour’s first hypermarket
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questions cover the material in Chapter 3. The second 10 questions cover the material in Chapter 4. Be sure you are in the correct Chapter when you take the quiz. Question 1 5 out of 5 points Correct Measuring international trade and its impact on individual nations requires __________ Answer Selected Answer: knowledge of balance of trade. Correct Answer: knowledge of balance of trade. Question 2 5 out of 5 points
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Balance of Payments Deficit | Shortfall that occurs when more money flows out of a nation than into that nation. | Exchange Rates | A measurement of the value of one nation's currency relative to the currency of other nations. | Countertrade | International trade that involves the barter of products for products rather than for currency. | Foreign Out coming | Contracting with foreign supplies to produce products, usually at a fraction of the cost of domestic production (also called manufacturing)
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pressures for cost reductions and pressures for local responsiveness are explored. The discussion then turns to the different strategies that companies can pursue in the global arena. Four different strategies are reviewed in some detail—an international strategy, a multidomestic strategy, a global strategy, and a transnational strategy. The pros and cons of each of these strategies are debated. A link is made between the appropriateness of different strategies and the pressures for cost reductions
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businesses that is planning to venture into international market. The entry modes methods discussed are aimed to help businesses to formulate an effective international business strategy and to position themselves to be successfully established in the global market. The central theory introduced in this article is developed based on a comprehensive framework of the entry modes choices. These modes of choices would determine the success factor of the international business strategy, and to choose these
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