Management and Organizational Studies 2320A/B Chapter Notes - Chapter 17: Social Inequality, Masculinity, Big Mac Index

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2320A/B
• Professor: John White

Document Summary

Exporting: producing goods in one country and selling them in another (host country: least financial risk but also only a limited return to the exporting firm (?) Pest analysis offers a more complete picture for a country"s viability for a product or service. Trade sanctions: penalties or restrictions imposed by one country over another country for importing and exporting of g+s and investments. Embargo: is a form of trade sanction that prohibits trading with a certain country or trading in specific goods. Quota: designates the maximum quantity of a product that may be brought into a country during a specified time period: reduce the availability of imported foreign merchandise. Boycott: a group"s refusal to deal commercially with some organization to protest against its policies: might be called by govts or nongovernmental organizations: trade unions, or human rights or environmental groups, e. g. Us economic sanctions on cuba, and canada on iran.