Globalization
CBSA stands for...
What is Canadian Border Services Agency?
SDG is an acronym for these:
What are the Sustainable Development Goals?
IMF stands for....
What is International Monetary Fund?
Making the morally correct decision for your business is called this:
What are business ethics?
The BRICS nations fall under this trend:
What are emerging markets?
Conducting business in international markets is referred to as this?
What is globalization?
The trade organization with an olive branch of peace around the globe as the logo is...
What is the United Nations (UN)?
Although having expanding membership recently, the name BRICS remains. Name the 5 nations represented in the name 'BRICS'
Who are Brazil, Russia, India, China and South Africa?
'Meeting the needs of the current generation without sacrificing the needs of future generations' is a definition for this term:
What is sustainability?
"Populations in developed countries are aging, whereas those in emerging markets are experiencing large working-class populations" fall under this trend:
What are demographic changes?
When the world is viewed 'as one big market', this type of globalization strategy is being used?
What is a global strategy?
"A treaty or policy drawn up between a group of countries to establish favourable trading conditions between member states" is referred to as this.
What is a Trade Agreement?
Name 3 different organizations from the presentations we did in class:
Who are:
World Economic Forum, International Monetary Fund, G20, G7, BRICS, International Chamber of Commerce, Asia Pacific Economic Cooperation, European Union, United Nations, North American Treaty Organization, Organization of the Petroleum Exporting Countries, International Labour Organization , World Trade Organization, Organization for Economic Co-operation and Development
We discussed the 4 principles of CSR - 2 of these are:
What are economic, legal, ethical and voluntary & philanthropic?
"Concentration of the human population into one area" is a definition of this term, which also is the name of this trend:
What is urbanization?
When a business customizes products, services and marketing to a local culture, this strategy is being used.
What is a multi-domestic strategy?
"An organization involved in regulating trade at a global level to make it fairer for all" is referred to as this.
What is a Trade Organization?
Natural disasters (such as the Deepwater Horizon Oil Spill) would be classified in this subcategory of an external influence on businesses...
What are Global influences?
'A leader in CSR initiatives' on the spectrum of CSR approaches is referred to as:
What is proactive?
"Sustainability and thinking of our environment is starting to become a global priority" is from this trend:
What is the Green Revolution?
A geocentric view, which values local differences and what is best for the company, uses this type of strategy.
What is a transnational strategy?
These are the 4 categories that the guiding principles of the UN are categorized under.
What are human rights, environment, labour and anti-corruption?
"A multinational company such as General Electric evaluating the political climate of a country before deciding to locate a plant there" - this represents the ________ & _________ external influence on businesses?
What are political and legal?
What are social, economic and environmental?
"When companies adopt ideas and market them in developing countries before doing the same in developed countries" is a definition for this term, which is also the name of this trend:
What is innovation & reverse innovation