1. Chapter 9: International Financial Markets
1.1. base currency
1.2. bond
1.3. capital market
1.4. convertible (hard) currency
1.5. countertrade
1.6. cross rate
1.7. currency arbitrage
1.8. currency futures contract
1.9. currency hedging
1.10. currency option
1.11. currency speculation
1.12. currency swap
1.13. debt
1.14. derivative
1.15. equity
1.16. Eurobond
1.17. Eurocurrency market
1.18. exchange rate
1.19. exchange-rate risk
1.20. foreign bond
1.21. foreign exchange market
1.22. forward contract
1.23. forward market
1.24. forward rate
1.25. interbank interest rates
1.26. interbank market
1.27. interest arbitrage
1.28. international bond market
1.29. international capital market
1.30. international equity market
1.31. liquidity
1.32. offshore financial center
1.33. over-the-counter
1.34. quoted currency
1.35. securities exchange
1.36. securitization
1.37. spot rate
1.38. stock
1.39. vehicle currency
2. Chapter 11: International Strategy and Organization
2.1. COMPANY ANALYSIS
2.1.1. Planning is the process of identifying and selecting an organization’s objectives and deciding how the organization will achieve those objectives.
2.1.2. Strategy is the set of planned actions taken by managers to meet company objectives.
2.1.3. Mission statement: written statement of why a company exists and what it plans to accomplish
2.1.4. Core competency: an ability of a company that competitors find extremely difficult or impossible to equal. Refers to multiple skills coordinated to form a single technological outcome.
2.1.5. Value-chain analysis is the process of dividing a company’s activities into primary and support activities and identifying those that create value for customers.
2.2. STRATEGY FORMULATION
2.2.1. Multinational strategy
2.2.2. Global strategy
2.3. Corporate-Level Strategies
2.3.1. Growth strategy
2.3.2. Retrenchment strategy
2.3.3. Stability strategy
2.3.4. Combination strategy
2.4. Business-Level Strategies
2.4.1. Low-cost leadership strategy
2.4.2. Differentiation strategy
2.4.3. Focus strategy
2.5. ORGANIZATIONAL STRUCTURE
2.5.1. When to centralize?
2.5.2. When to decentralize?
2.5.3. Types
2.5.3.1. International Division Structure
2.5.3.2. International Area Structure
2.5.3.3. Global Product Structure
2.5.3.4. Global Matrix Structure
2.5.3.5. Work Teams
3. Chapter 13: Selecting and Managing Entry Modes
3.1. EXPORTING, IMPORTING, AND COUNTERTRADE
3.2. CONTRACTUAL ENTRY MODES
3.2.1. Licensing
3.2.2. Franchising
3.2.3. Management Contracts
3.2.4. Turnkey Projects
3.3. INVESTMENT ENTRY MODES
3.3.1. Wholly Owned Subsidiaries
3.3.2. Joint Ventures
3.3.3. Strategic Alliances
4. Chapter 1: Globalizationn
4.1. KEY CONCEPTS
4.1.1. Globalization is the trend toward greater economic, cultural, political, and technological interdependence among national institutions and economies. It is marked by “denationalization,” which is not “internationalization
4.1.1.1. Globalization of Markets
4.1.1.1.1. Convergence in buyer preferences in markets around the world
4.1.1.1.2. Global Sustainability, Three Markets, Three Strategies.
4.1.1.1.3. Benefits
4.1.1.2. Globalization of Production
4.1.1.2.1. Dispersal of production activities to locations that help a company to minimize costs or maximize quality a. Access lower-cost workers to cut overall production costs b. Access technical expertise c. Access production inputs unavailable or more costly at home
4.1.2. International business is any commercial transaction that crosses the borders of two or more nations.
4.1.3. Imports are goods and services purchased abroad and brought into a country. Exports are goods and services sold abroad and sent out of a country.
4.2. KEY PLAYERS IN INTERNATIONAL BUSINESS
4.3. FOR & AGAINST GLOBALIZATION
4.4. FORCES DRIVING GLOBALIZATION
4.4.1. Falling Barriers to Trade and Investment
4.4.2. Technological Innovation
5. Chapter 2: Cross-Cultural Business
5.1. aesthetics
5.2. attitudes
5.3. body language
5.4. brain drain
5.5. caste system
5.6. class system
5.7. communication
5.8. cultural diffusion
5.9. cultural imperialism
5.10. cultural literacy
5.11. cultural trait
5.12. culture
5.13. customs
5.14. ethnocentricity
5.15. folk custom
5.16. Hofstede framework
5.17. Kluckhohn–Strodtbeck framework
5.18. lingua franca
5.19. manners
5.20. material culture
5.21. popular custom
5.22. social group
5.23. social mobility
5.24. social stratification
5.25. social structure
5.26. subculture
5.27. values
6. Chapter 4: Economic Development of Nations
6.1. antitrust
6.2. nationalism
6.3. capitalism
6.4. democracy
6.5. carbon footprint
6.6. legal system
6.7. copyright
6.8. corporate social responsibility
6.9. economic system
6.10. ethical behavior
6.11. intellectual property
6.12. industrial property
6.13. market economy
6.14. mixed economy
6.15. political economy
6.16. political system
6.17. private sector
6.18. privatization
6.19. trademark
6.20. value added tax
7. Chapter 7: Foreign Direct Investment
7.1. THEORIES OF FOREIGN DIRECT INVESTMENT => Why FDI occurs?
7.1.1. International Product Life Cycle
7.1.2. Market Imperfections (Internalization)
7.1.2.1. Trade barriers
7.1.2.2. Specialized knowledge
7.1.3. Eclectic Theory
7.1.4. Market Power
7.2. MANAGEMENT ISSUES AND FDI
7.2.1. Control
7.2.2. Purchase-or-Build Decision
7.2.3. Production Costs
7.2.4. Customer Knowledge
7.2.5. Following Clients
7.2.6. Following Rivals
7.3. GOVERNMENT INTERVENTION IN FDI
7.3.1. Balance of Payments
7.3.1.1. - A country’s balance of payments is a national accounting system that records all receipts coming into the nation and all payments to entities in other countries. - International transactions that result in inflows from other nations add to the balance of payments accounts. - International transactions that result in outflows to other nations reduce the balance of payments accounts
7.3.1.2. - Two major components—the current account and the capital account. - The balances of the current and capital accounts should be equal.
7.3.1.3. => Shows financial & economic status of a country => Helps the local authorities and policy makers to adopt develop and adopt new policies. => Provides understanding of the economic dealings of a country with foreign ones
7.3.1.4. Note: Foreign trade => an economy’s exports & imports of goods and services.
7.3.2. Reasons for Intervention by the Host Country
7.3.2.1. Control balance of payments
7.3.2.2. Obtain resources and benefits
7.3.3. Reasons for Intervention by the Home Country
7.3.3.1. Reasons for discouraging outward FDI
7.3.3.2. Reasons for promoting outgoing FDI