Global Economy at IU Internationale Hochschule | Flashcards & Summaries

Lernmaterialien für global economy an der IU Internationale Hochschule

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Global trends influence the role and position of nation states. Three critical aspects that are affected include:

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competence

autonomy

legitimacy

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Market-based strategies require _______and ________

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Market-based strategies require strategic leadership and strategic planning

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Nowadays, the understanding of strategy comprises a ________- and ________-based view

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Nowadays, the understanding of strategy comprises a resource- and relation-based view.

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There are four international strategies:

global strategy


international strategy


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global strategy

transnational strategy

international strategy

multidomestic strategy


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The criteria for international strategies are cost competitiveness pressure and _______

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The criteria for international strategies are cost competitiveness pressure and local responsiveness pressure

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Emergent strategies can be explained by means of logical incrementalism, _________resource allocation,, and _________.


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Emergent strategies can be explained by means of logical incrementalism, resource allocation,organizational politics, and organizational culture

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Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ______ standards when producing abroad.

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Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ecological standards when producing abroad

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Political risks can be categorized into

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systemic political risks

procedural political risks

distributive political risks

catastrophic political risks

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David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a  _____advantage.

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David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a comparative advantage.

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Porter explains competitive advantages on both a corporate and cultural level.

 

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False

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Between the mid-1970s and 2008, currency transactions rose by a factor of____

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Between the mid-1970s and 2008, currency transactions rose by a factor of 150.

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On national level, competitive advantages result from product innovation and______

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On national level, competitive advantages result from product innovation and process innovation

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Q:

Global trends influence the role and position of nation states. Three critical aspects that are affected include:

A:

competence

autonomy

legitimacy

Q:

Market-based strategies require _______and ________

A:

Market-based strategies require strategic leadership and strategic planning

Q:

Nowadays, the understanding of strategy comprises a ________- and ________-based view

A:

Nowadays, the understanding of strategy comprises a resource- and relation-based view.

Q:

There are four international strategies:

global strategy


international strategy


A:

global strategy

transnational strategy

international strategy

multidomestic strategy


Q:

The criteria for international strategies are cost competitiveness pressure and _______

A:

The criteria for international strategies are cost competitiveness pressure and local responsiveness pressure

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Q:

Emergent strategies can be explained by means of logical incrementalism, _________resource allocation,, and _________.


A:

Emergent strategies can be explained by means of logical incrementalism, resource allocation,organizational politics, and organizational culture

Q:

Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ______ standards when producing abroad.

A:

Criticism of globalization mainly focuses on the effect it has on domestic and international labor markets, on weakening governments in developing countries, and on disregarding ecological standards when producing abroad

Q:

Political risks can be categorized into

A:

systemic political risks

procedural political risks

distributive political risks

catastrophic political risks

Q:

David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a  _____advantage.

A:

David Ricardo showed that even if one of two countries has advantages in manufacturing two products, it will still prove beneficial for each country to concentrate on the product in which it has a comparative advantage.

Q:

Porter explains competitive advantages on both a corporate and cultural level.

 

A:

False

Q:

Between the mid-1970s and 2008, currency transactions rose by a factor of____

A:

Between the mid-1970s and 2008, currency transactions rose by a factor of 150.

Q:

On national level, competitive advantages result from product innovation and______

A:

On national level, competitive advantages result from product innovation and process innovation

global economy

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