→ Business Handbook-unit 2- Globalization → Start Learning / Flashcards Téléchargement MP3

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question		réponse
main drivers of globalization commencer à apprendre		cost factors, technology factors, market factors, global business cycle
the BRICs commencer à apprendre		Brazil Russia India China
łańcuch dostaw commencer à apprendre		supply chain
company strategy in the face of globalization commencer à apprendre		import/export, outsourcing, foreign direct investment
outsourcing commencer à apprendre		subcontract
subsidiary commencer à apprendre		overseas division
tariffs commencer à apprendre		taxes on imports
quotas commencer à apprendre		limits on imports
balance of trade commencer à apprendre		difference between a nation's imports and exports
nadwyżka handlowa commencer à apprendre		trade surplus
deficyt handlowy commencer à apprendre		trade deficit
balance of payments commencer à apprendre		balance of trade plus service and investments
WTO commencer à apprendre		World Trade Organization - works towards reducing tariffs and quotas
IMF commencer à apprendre		International Monetary Fund - makes short-term loans to countries that cannot pay debts
World Bank commencer à apprendre		lends money to developing countries, particularly for infrastructure projects
subsidiary commencer à apprendre		company owned by another company
subsidy commencer à apprendre		money paid by government to support a business
recovery commencer à apprendre		upswing, upturn
growth commencer à apprendre		boom, expansion
recession commencer à apprendre		contraction, downturn, slowdown
depression commencer à apprendre		slump
inwestycja zagraniczna commencer à apprendre		inward investment
licensing commencer à apprendre		a company gives the right to manufacture its product to a foreign company for a fee= royalty
joint venture commencer à apprendre		a partnership in which two or more companies join to undertake a major project or start a business activity
strategic alliance commencer à apprendre		a long-term partnership similar to joint venture, but it may be between two companies of very different sizes, such as large manufacturer and one of its suppliers

Business Handbook-unit 2- globalization

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