MGT 3660 Study Guide - Midterm Guide: Defensively Equipped Merchant Ship, Totalitarianism, Collectivism
2 Dec 2015
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1: globalization shift away from self-contained national economies toward an interdependent, integrated global economic system globalization of markets and globalization of production. Globalization of markets falling trade barriers make it easier to sell globally consumers" tastes and preferences are converging firms promote trend by offering same basic products worldwide globalization of. 3 legal systems common law based on tradition, precedent and customs (court case) uk & former british colonies incl. Protection of intel prop original or unique ideas protected through patents copyrights(words) tradmarks(logo,expressions,brand) trade secrets: ip protection differs country to country world intellectual. Property organization geneva, administers 25ish treaties & arbitration regarding ip. Country"s pol econ in ib decisions overall attractiveness of country depends on benefits (bus opp) vs costs and risks (pol, econ, legal) dem,market,strongl legal(enforce contracts property rights, limit corruption) Nations; expected to become largest econ in world, rates of growth in dev. Countries has slowed) drivers of econ growth innovation &
