GEO 334 Lecture Notes - Lecture 1: North American Free Trade Agreement, Human Capital
5 Dec 2018
School
Department
Course
Professor
Document Summary
Fdi- is when companies decide they want to invest in another country. Results show confidence in the economic recovery of the united states and europe. Rapidly developing economies continue to struggle for foreign investor confidence. Need to develop top managers with international understanding and experience. Increasing pressure and publicity for companies to consider the social responsibility of their actions. Occupy wall street- backlash trying to stop globalization- rich people 1% profit, but poor countries get exploited. The speed and accuracy of information transmission are changing the nature of international managers jobs. Technology gets dispersed around the world by mnes. Management in action: global cyber theft of corporate secrets. Social media impact- cairo ex. - social media doubled. While firms still offshore manufacturing jobs, some are reshoring jobs to lower shipping costs. For global firms, winning the war for talent is a pressing issue. China imports us pork- now us is putting tax on the pork to charge china-
