ADMS 1000 Study Guide - North American Free Trade Agreement, Foreign Corporation, International Monetary Fund

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Indira Somwaru

Document Summary

Nafta (fill these all out from textbook) Ceta: facilitated by various trade bodies: Asen: flow of goods and services people across boarders. Shift to one global economic system company) company) Improved technology (1980s) efficiently facilitating cross boarder transactions: easier to transfer into, capital and goods and services. Think global, act local : strategic planning is done at the head office. Other operations production/raw material sourcing and outsourcing: senior management is generally multinational in nature, consumers are the ones keeping these companies in business consumer demand. The borderless corporation: borderless corporation: increasing ability of mcns to ignore international boundaries + set up a business anywhere aka transitional corporation, can be a global company without any clear nationality. Threats: difficult to control, mobile profits, they can leave/no alliance no commitment to host country, highly centralized in home country. Benefits: economic development over seas, creates jobs, develops trade globally, more options for consumers (better.