GMS 200 Lecture Notes - Lecture 4: Foreign Direct Investment, International Labour Organization, Global Governance

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

Document Summary

Globalization : growing interdependence of various countries and regions, all. Global economy : the economies of all parts of the world, including their labour, capital, Global management : managing in organizations with operations across more than one. Global manager : the global manager manages in a global organization, and he/she is and other resources country abreast of developments in other countries. How companies go global use for a fee. Global sourcing : prospecting, or purchasing goods and services from overseas for local. Exporting : the process of selling goods or services to buyers in other countries. Importing : buying goods and services from other countries. Licensing : to acquire the rights to make or sell another company"s products or services. Franchising : buying the right to use another"s name and operating methods. Joint ventures & strategic alliances : foreign and domestic businesses come together as. Foreign direct investment (fdi) : making investments in the form of buying an existing.