market encompassing whole worlda worldwide trading system that has grown up since the 1970s, in which goods can be produced wherever the production costs are cheapest wherever they are ultimately sold
Recommended Further Reading (Term count)
Foundations of Multinational Financial Management Alan C. Shapiro and Atulya Sarin (6th ed 2008, originally 1991) A focused and practically oriented textbook that examines real-life financial management decision-making in an international context.
Provide a clear strategy for understanding the impact of financial management processes on business operations.
Demystifies and simplifies the subject in a clear conceptual framework that helps learning.
Essentials for Export Success: Understanding How Risks and Relationships Lead to Rewards by Paul Beretz More and more, companies located throughout the world are recognizing that the way to sustain long-term growth is not by continuing to emphasize local, in-country markets. Whether it be for better or worse, global business is a factor that can provide businesses with the opportunity to consider new and challenging markets. In 2008, we saw that severe credit and financial issues could spread quickly, and that no part of the world was immune....
Corporate-Level Strategy by David Sadtler Implementing a successful corporate-level strategy has become an urgent priority for all corporations. Parent companies must demonstrate that they are creating stockholder value by their own actions and initiatives, and not just reaping the profits of the businesses in their charge. The sanctions for being seen to fail in this challenge can be severe. At the very least, stock prices will suffer; at the other extreme, predators will force a...
After months of preparation to enter the globalmarketplace—including extensive market analysis, identification of a target market, numerous product modifications, and the development of an elaborate market entry strategy—it’s finally time to seal the deal! But not so fast. Sealing that deal By Mona Pearl