International Management Course Overview

These flashcards summarize and review key themes and important information from the International Management course, facilitating student learning and exam preparation.

What two types of integration are discussed in the context of business strategies?

Vertical integration and horizontal integration.

What does the acronym 'MNC' stand for in international management?

Multinational Corporation.

How does the course recommend handling absences?

Students should email the professor and seek notes from peers.

What key areas are highlighted as topics for the International Management course?

Macro environment factors, global management, strategic alliances, and case studies.

What is the purpose of the reaction/reflection paper in the course?

Quality of submission is prioritized, not quantity.

What were the main outcomes discussed regarding the impact of geopolitical trends on business?

Businesses are experiencing increased uncertainty and volatility that affect international operations.

What challenges are highlighted regarding risks in international business?

Currency risk, country risk, and cross-cultural risk.

What does PESTEL stand for in the context of external business environment analysis?

Political, Economic, Social, Technological, Environmental, and Legal factors.

What should students prepare for according to the lecture regarding exams?

Students should prepare adequately for exams and take advantage of review sessions.

What is the significance of demographics in international business as mentioned in the lecture?

Demographic shifts influence market dynamics and opportunities for global firms.