Business Handbook-unit 2- globalization

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main drivers of globalization
kezdjen tanulni
cost factors, technology factors, market factors, global business cycle
the BRICs
kezdjen tanulni
Brazil Russia India China
łańcuch dostaw
kezdjen tanulni
supply chain
company strategy in the face of globalization
kezdjen tanulni
import/export, outsourcing, foreign direct investment
outsourcing
kezdjen tanulni
subcontract
subsidiary
kezdjen tanulni
overseas division
tariffs
kezdjen tanulni
taxes on imports
quotas
kezdjen tanulni
limits on imports
balance of trade
kezdjen tanulni
difference between a nation's imports and exports
nadwyżka handlowa
kezdjen tanulni
trade surplus
deficyt handlowy
kezdjen tanulni
trade deficit
balance of payments
kezdjen tanulni
balance of trade plus service and investments
WTO
kezdjen tanulni
World Trade Organization - works towards reducing tariffs and quotas
IMF
kezdjen tanulni
International Monetary Fund - makes short-term loans to countries that cannot pay debts
World Bank
kezdjen tanulni
lends money to developing countries, particularly for infrastructure projects
subsidiary
kezdjen tanulni
company owned by another company
subsidy
kezdjen tanulni
money paid by government to support a business
recovery
kezdjen tanulni
upswing, upturn
growth
kezdjen tanulni
boom, expansion
recession
kezdjen tanulni
contraction, downturn, slowdown
depression
kezdjen tanulni
slump
inwestycja zagraniczna
kezdjen tanulni
inward investment
licensing
kezdjen tanulni
a company gives the right to manufacture its product to a foreign company for a fee= royalty
joint venture
kezdjen tanulni
a partnership in which two or more companies join to undertake a major project or start a business activity
strategic alliance
kezdjen tanulni
a long-term partnership similar to joint venture, but it may be between two companies of very different sizes, such as large manufacturer and one of its suppliers

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