BNAD 302 Study Guide - Midterm Guide: North American Free Trade Agreement, Multinational Corporation, Peter Drucker

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Exam 1 study guide: frederick w. taylor, 2. Owner is investigating a company and his friend might be stealing what is going on: ethical dilemma, 3. Work to generate ideas with impact: 3. Work to generalize ideas with impact: 4. Know the different types of being an entrepreneur. Continuum of becoming an international company from least risk to high risk: from least risk and investment to highest in order, global outsourcing/offshoring, using suppliers outside the us to provide labor, goods, and or services. Importing- a company buys goods outside the company and resells them domestically: exporting- a company produces goods domestically and sells them outside the country, countertrading- bartering goods for goods. Joint ventures: also known as strategic alliance, with a foreign company to share the risks and rewards of starting a new enterprise together in a foreign country, wholly-owned subsidiaries.

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