Podcast
Questions and Answers
What does Porter's Diamond model aim to determine?
What does Porter's Diamond model aim to determine?
- Factors contributing to cost reduction
- Factors contributing to market saturation
- Factors contributing to competitive advantage (correct)
- Factors contributing to technological innovation
What is political risk in the global environment defined as?
What is political risk in the global environment defined as?
- Technological advancements disrupting business operations
- Cultural differences influencing consumer behavior
- Government action affecting long-term profitability (correct)
- Market fluctuations impacting short-term gains
What are the characteristics of the global environment according to the text?
What are the characteristics of the global environment according to the text?
- Ecological, societal, political, legal, economic, technological, geographical
- Ecological, societal, cultural, technological, political, legal, economic (correct)
- Societal, cultural, economic, political, legal, technological, geographical
- Ecological, geographical, cultural, technological, political, legal, economic
What does the legal environment in international management consist of?
What does the legal environment in international management consist of?
What is globalization defined as in the text?
What is globalization defined as in the text?
What does globalization refer to?
What does globalization refer to?
What does the political environment in the global context depend on?
What does the political environment in the global context depend on?
What is the legal environment in international management comprised of?
What is the legal environment in international management comprised of?
What is political risk in the global environment defined as?
What is political risk in the global environment defined as?
What does Porter's Diamond model aim to determine?
What does Porter's Diamond model aim to determine?
Flashcards
Porter's Diamond Model
Porter's Diamond Model
The influences that contribute to a nation's competitive advantage in specific industries.
Political Risk
Political Risk
Government actions or politically motivated events that can negatively impact a company's long-term profitability.
Globalization
Globalization
The interconnectedness and interdependence of nations globally, spanning all aspects of life and activity.
Legal Environment
Legal Environment
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Global Environment
Global Environment
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Political Environment
Political Environment
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Legal Environment in International Management
Legal Environment in International Management
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