BSB119 Lecture Notes - World Economy, Plasma Display
Document Summary
Tutorial 2: motives for global business: successful international business managers are often described as possessing a global mindset". Outline what you think characterises an individual with a global mindset. Accepting of diversity political, cultural, socially. Intellectual capital: global business savvy, cognitive complexity. Integration with other businesses, advisors etc: cosmopolitan outlook. Physiological capital: passion for diversity, quest for adventure, self-assurance. Try googling" it for further info: describe the shifts in the world economy over the past 30 years. Compare the implications of these shifts for international businesses based in australia. Emergence of china large growth over recent years: major exporter. Emergence of india 10 years behind china. Emergence of russia haven"t done it as well as china. Decrease of usa : world economy and change, world fdi, dominance of large us mncs, half of the globe was off limits to western international business. Middle east increasing major control over petrol resources. Rise of non us mncs, particularly japanese.