Term
| What is the value of a mission statement and a vision statement? |
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Definition
| They act as anchor points, a foundation for how a company should operate. |
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Term
| Why is it that Google Went To China? |
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Definition
| China was an irresistible market, as it is the biggest market in the world. |
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Term
| What Did China Want From Google? |
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Definition
| Censor and remove results from Google to control the information users could find on Google. |
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Term
| What Did the 2006 Congressional Hearing do to call out Google? |
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Definition
| Stated that what China wanted from Google, violated their mission statement and compared them to Nazi Collaborators. |
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Term
| Why Did Google Leave China? |
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Definition
| China attempted to hack into and steal user information from Google. |
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Term
| Can Google Afford Not To Do Business In China? |
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Definition
Google is already a successful company, but Baidu has stolen the largest market in the world from them.
Google is diversifying and trying to expand themselves beyond browsing and are already a household name.
Google has enough notoriety to move beyond being a simple search engine, and can still be big in China through other means. |
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Term
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Definition
| Anyone who has a vested, material interest in a company. |
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Term
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Definition
Employee
Shareholder
Contractor |
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Term
| Should Google's Managers Be Surprised by the China Predicament? |
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Definition
If they believed that it would have occurred ahead of time, they wouldn't have expanded into China.
I would argue that they would definitely be surprised that they would be hacked by China and forced to shutdown their China site. |
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Term
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Definition
| The shift toward a more interdependent and integrated global economy. |
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Term
| Define International Business |
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Definition
| All cross-border exchanges of goods, services, or resources between two or more nations. |
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Term
| Define Strategic Management |
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Definition
| The body of knowledge that answers questions about the development and implementation of good strategies. |
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Term
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Definition
| The central, integrated, and externally oriented concept of how an organization will achieve its performance objectives. |
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Term
| Which stakeholders would be affected by Google’s managers’ possible decision to shut down its China operations? How would they be affected? What trade-offs would Google be making? |
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Definition
Those working specifically on the China operations, especially those physically located in China, would either need to be given new objectives or let go.
Google is letting go of the world's biggest market in terms of web browsing and many employees, but they can maintain their reputation and protect their user's information. |
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Term
| What does SWOT stand for? |
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Definition
| Strengths Weaknesses Opportunities and Threats |
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Term
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Definition
| The recognition of opportunities and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures. |
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Term
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Definition
| A person who engages in entrepreneurship. |
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Term
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Definition
| A form of entrepreneurship that takes place in a business that is already in existence. |
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Term
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Definition
| A person within an established business who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation. |
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Term
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Definition
| When you liquidate your company and assets for a large profit to use to then pay investors. |
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Term
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Definition
| Business sells products and services that are sourced from other countries. |
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Term
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Definition
| Business sells products and services in foreign countries sourced from the home country. |
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Term
| Define Foreign Direct Investment |
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Definition
| Investment of foreign assets into domestic structures, equipment, and organizations. |
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Term
| Define Location Advantages |
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Definition
| Advantages due to choice of foreign markets and can include better access to raw materials, less costly labor, key suppliers, key customers, energy and natural resources. |
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Term
| Define Stakeholder Analysis |
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Definition
| Process of assessing a system and potential changes to it as they relate to stakeholders. |
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Term
| A mission statement can be divided into what three parts? |
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Definition
Social and Environmental Mission
Product Mission
Economic Mission |
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Term
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Definition
| A metaphor for viewing the world as a level playing field in terms of commerce, where all competitors have an equal opportunity. |
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Term
| Define Multidomestic View |
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Definition
| A metaphor for viewing the world's markets as being more different than similar, such that the playing field differs in respective markets. |
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Term
| Change always appears incremental until when? |
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Definition
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Term
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Definition
| He works at the international desk at New York Times. |
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Term
| What are the three phases of Globalization? |
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Definition
Country Led Globalization
Company Led Globalization
Individual Led Globalization |
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Term
| Country Led Globalization |
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Definition
| Rise of World Exploration, search for labor and resources. |
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Term
| What period was Country Led Globalization? |
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Definition
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Term
| Company Led Globalization |
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Definition
| When a companies start expanding into other nations. |
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Term
| What period was Company Led Globalization? |
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Definition
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Term
| What factors helped lead to Company Led Globalization? |
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Definition
| Falling cost of transportation and telecommunication. |
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Term
| What factors helped lead to individual globalization? |
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Definition
| The fall of the berlin wall, netscape and machine to machine communication. |
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Term
| What period was Individual Led Globalization? |
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Definition
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Term
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Definition
1.) 11/9/89 The Berlin Wall Came Down
2.) 8/9/95 Netscape went public
3.) Work Flow Software: Applications can work together.
4.) Open Source
5.) Outsource
6.) Offshoring
7.) Supply Chaining
8.) Insourcing
9.) In-Forming: Web Searching
10.) The Steroids: Digital, mobile, personal and virtual. |
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Term
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Definition
| Being able to leverage your supply chain |
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Term
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Definition
| The sequence of processes involved in the production and distribution of a commodity. |
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