Global business
Title: Global business
Category: /Business & Economy/Management
Details: Words: 1418 | Pages: 5 (approximately 235 words/page)
Global business
Category: /Business & Economy/Management
Details: Words: 1418 | Pages: 5 (approximately 235 words/page)
The global economy is the world's economies and refers to the economic activity of the world.
Global influences on Australia:
Increasing globalization
Changing international business environment
Reduction of protection
Increased overseas expansion.
Changes in markets:
Changes in financial/capital markets - finance is mobile and flows easily between countries.
Changes in labor markets - has not been freed up as much as other markets because of increased immigration policies.
Changes in consumer markets - consumer …showed first 75 words of 1418 total…
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…showed last 75 words of 1418 total…gt;Polycentric - personnel from the host country manages the subsidiaries.
3.<Tab/>Geocentric - the best people for the job are chosen, no matter what their background is.
Ethics
Triple bottom line refers to the economic, environmental and social performance of a business.
A tax haven is a country that imposes little or no taxes on the businesses income.
Transfer pricing is used to avoid high tax rates in some countries.