Globalization

Get Started. It's Free
or sign up with your email address
Rocket clouds
Globalization by Mind Map: Globalization

1. Globalization of investment

1.1. Known as

1.1.1. Foreign Direct Investment (FDI)

2. Global business

2.1. Business transactions

2.1.1. across

2.1.1.1. National borders

2.2. Grew because of

2.2.1. GATT

3. Implies

3.1. Integration of economies

4. Features

4.1. Domestic market = Foreign market

4.2. Expand business

4.3. Entire world as a single market

5. International business

5.1. Integration of

5.1.1. Economies

5.1.2. Societies

5.2. GDP

5.2.1. G = Products are counted

5.2.2. D =Inclusion criterion is geographical

5.2.3. P = Nationality

5.3. Emerging market economy (EME)

5.3.1. Economy with

5.3.1.1. Low per capita income

5.3.2. Considered emerging

5.3.2.1. because of

5.3.2.1.1. Developments

5.3.2.1.2. Reforms

6. MNE or MNC

6.1. Organization

6.1.1. Doing business

6.1.1.1. In more than one country

6.2. Engages in

6.2.1. Exporting

6.2.2. Importing

6.2.3. Manufacturing

6.3. BPO (Base of the Pyramid)

6.3.1. Market-based model economic alleviate widespread poverty

6.3.1.1. as well as

6.3.1.1.1. IMF

6.3.2. Provide

6.3.2.1. Growth

6.3.2.2. Profits

7. PPP

7.1. Purchasing Power Parity

7.2. Is

7.2.1. An economic theory

7.2.1.1. Compares

7.2.1.1.1. Different countries currency

8. Triad

8.1. Refers to

8.1.1. 3 centrens dominanting the world economy

8.1.1.1. United States

8.1.1.2. European Union

8.1.1.3. Japan

8.2. Has declined

8.2.1. By

8.2.1.1. BRIC

8.2.1.1.1. Brazil

8.2.1.1.2. Russia

8.2.1.1.3. India

8.2.1.1.4. China

9. RBV (Resources based view)

9.1. Use to determinate

9.1.1. Strategic resources

10. Semi-globalization

10.1. Ghemewat (2003)

10.1.1. Describe

10.1.1.1. Incomplete cross-border integration

10.1.1.2. Location specificity of certain