"Planning"

The most important global challenges are due to:

• Today's economy

• Global demographic trends

• Marketing

Outsourcing occurs when:

• This occurs when an organizing contracts with an outside provider to produce one or more of its goods and services.

• This is a specific type of outsourcing where companies move work to other countries, where typically wages are lower.

• Moving work from other countries back to the headquarters country. Work may be done by a domestic provider or in-house.

• It means producing in-house one or more of an organization´s goods and services

Offshoring occurs when:

• This occurs when an organizing contracts with an outside provider to produce one or more of its goods and services.

• Moving work from other countries back to the headquarters country. Work may be done by a domestic provider or in-house.

• It means producing in-house one or more of an organization´s goods and services

• This is a specific type of outsourcing where companies move work to other countries, where typically wages are lower.

Insourcing occurs when:

• Moving work from other countries back to the headquarters country. Work may be done by a domestic provider or in-house.

• This occurs when an organizing contracts with an outside provider to produce one or more of its goods and services.

• It means producing in-house one or more of an organization´s goods and services

The global economy is dominated by the countries in 3 regions:

• Western Europe, North America and Africa

• Asia, Western Europe and Australia

• North America, Western Europe and Asia

Which is the world's largest population??

• India

• China

• USA

Which countries are important trading partners for India?

• Singapore, USA and China

• South Korea, Japan and Singapore

• Japan, South Korea and USA

Why is the economy of the Middle East best known for??

• Exporting oil

• cheap wages

• their corporations

Types of pressure for Global Integration

• Global

• International

• National

• Multinational

All approaches to international competition

• International, multinational, global and transactional model

• International, multinational, global and transnational model

• Multinational and international model