BUS 390 Midterm Latest Update Graded A+

BUS 390 Midterm Latest Update Graded A+ controllable forces internal forces over which management does have some control and can manage in response to changes in uncontrollable forces, such as human resources, finance, production, and marketing domestic environment all the uncontrollable forces originating in the home country that surround and influence the life and development of the firm economic globalization the tendency toward an international integration and interdependency of goods, technology, information, labor, and capital, or the process of making this integration happen environment all the forces influencing the life and development of the firm exporting the transportation of any domestic good or service to a destination outside a country or region foreign business denotes the operations of a company outside its home or domestic market Foreign Direct Investment (FDI) refers to direct investments in equipment, structures, and organizations in a foreign country at a level sufficient to obtain significant management control foreign environment refers to all the uncontrollable forces originating outside the home country that surround and influence the firm importing the transportation of any good or service into a country or region, from a foreign origination point international business business that is carried out across national borders. includes international trade and foreign manufacturing international company (IC) a company with operations in multiple nations international environment consists of the interactions between the domestic environmental forces and the foreign environmental forces, as well as interactions between the foreign environmental forces of two countries self-reference criterion unconscious reference to the manager's own cultural values transnational corporation an enterprise made up of entities in more than one nation, operating under a decision making system that allows