International business and trade

• refers to any situation where the production or distribution of good or services crosses country borders?

  International Business
• International transfers of other resources such as: ?

  people, intellectual property. (eg. patents, copyrights, brand trademarks, and data)
• give the three bottom line

  Profit, People, and Process
• What is the meaning of Profit in Triple Bottom Line?

  It is about money matters.
• Meaning of People on Triple Bottom Line

  It is about social responsibility.
• Meaning of Process on Triple Bottom Line


  It is about the process of products.
• What is KOL?


  Key Opinion Leader
• An individual or organization whose interest may be affected as the result of what another individual or organization does.

  The stakeholders
• Sells products and services that are sources from other countries

  Importer
• Sells products and services in foreign countries that are sourced from its home country

  Exporter
• a firm is investing assets directly into a foreign country's building, equipment, or organization


  Foreign direct investment
• When a firm makes choices about foreign operations that decrease national and local responsiveness, the organization is more able to adapt to national and local market conditions

  false, it increase
• A business cannot be a person or organization engagement in commerce with the aim of achieving a profit

  false, it can be a person
• Government is generally considered to be the body of people that sets and administers public policy and exercises executive, political, and sovereign power through customs, institutions, and law within a state, country or other political unit.


  true
• aimed at combating global warming among participating countries

  kyoto protocol
• NAFTA


  North American Free Trade Agreement
• What are included in a National Non governmental organizations that are organized on a local national or international level

  nonprofit and voluntary citizens
• Rotary International was founded in...?


  1905
• What is the most precious items that merchant transported (ONLY)?

  Silk, Gold, and other precious metals, and jewels, spices, porcelains, and medicines
• What the merchant use to transported the most precious items?

  via ancient, extended land, and sea trade routes, including the famed Silk Road through central Asia
• Moving goods great distances was easy and costly to waste the effort on ordinary products, although people often carted grain and other foods over shorter distances from farms to market towns.

  False, it is hard
• When does Globalization 1.0 started with?

  It started with Columbus's discovery of the New world and ran from 1492 to about 1800
• In globalization 1.0 what dominated?

  nations dominated global expansion
• Globalization 1.0 was driven by nationalism and religion


  true
• When does Globalization 2.0 started?

  from about 1800 and 2000
• Globalization 2,0 was driven by?

  ascension of multinational companies which pushed global development
• Globalization 3.0 started when?

  began around 2000
• In Globalization 3.0, it is when advance of what?

  in global electronic interconnectivity that allowed individuals to communicate as never before.
• It is the concept of exchanging goods and services between two people or entities.

  Trade
• The factors that impact trade are:?

  complex and economists
• The United States Role


  Imports a vast amount of goods and services