GMS 200 Lecture Notes - Lecture 5: North American Free Trade Agreement, Rosabeth Moss Kanter, Greenfield Project

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Omidjadid

Document Summary

Management & globalization global economy resources, markets, & competition are worldwide rather local/national globalization process of growing interdependence among elements of the global economy; rosabeth. Moss ka(cid:374)ter des(cid:272)ri(cid:271)es it as: (cid:862)o(cid:374)e of the (cid:373)ost po(cid:449)erful & per(cid:448)asi(cid:448)e i(cid:374)flue(cid:374)(cid:272)es o(cid:374) (cid:374)atio(cid:374)s, (cid:271)usi(cid:374)esses, workplaces, communities and lives. How companies go global global business conducts commercial transactions across national boundaries market entry strategies(involve the sale of goods/services to foreign markets without expensive investments) ; global sourcing, exporting & important, licensing. & fra(cid:374)(cid:272)hisi(cid:374)g direct investment strategies ( major capital commitments, but also create rights of ownership & control over operations in the foreign country); joint ventures, foreign subsidiaries (wholly owned subsidiaries, strategic alliances) . Increasing involvement in ownership & control of foreign operations. Nafta north american free trade agreement linking canada, us, mexico in an economic alliance trade zone w. minimal barriers; frees the flow of goods & services, workers & investments among the 3 countries.