International Business
by Natalia Yopasa Ruiz
1. Business Practice
1.1. Globalization, increase of volumen of across transactions
1.2. Semi Globalization, the economy is concentrated in the borders of each country
2. Economic Associations
2.1. Triad (North America, Western Europe, and Japan)) regions with developed economies
2.2. BRIC,
3. Gross Domestic Product
3.1. Purchasing power parity determines value of goods and services that different currencies can obtain based on GDP
4. Global business
4.1. Grew because of Foreign Direct Investment
4.2. Operations with Multinational Enterprise
5. Economic Pyramid
5.1. Base of the pyramid, is the people who win less than $2000 per year
5.2. Emerging economy countries in development
6. Non-governmental Organizations
6.1. Non-profit companies
7. Expatriate Manager
7.1. Person who Works out of his native country and win an International Premium
8. Institution-based view
8.1. Institutions are formal and informal rules
8.2. Institutional Framework
8.2.1. Formal Institutions, rules and regulations
8.2.2. Informal Institutions, norms of ethics