Global Business In a Changing World
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CHART: Top ‘U.S.’ Corporations Outsourced More Than 2.4 Million American Jobs Over The Last Decade

CHART: Top ‘U.S.’ Corporations Outsourced More Than 2.4 Million American Jobs Over The Last Decade | Global Business In a Changing World | Scoop.it

"A Washington Post/ABC News poll released this morning finds that 44 percent, a plurality, of Americans think the economy is getting worse, rather than staying the same or getting better." 

Chapter 10.1 - Outsourcing -the company delegates an entire process (e.g., accounts payable) to the outsource vendor. some of the nation’s largest corporations — General Electric, Caterpillar, Microsoft, Wal-Mart, Chevron, Cisco, Intel, Stanley Works, Merck, United Technologies, and Oracle — and found that they cut their workforces by 2.9 million people over the last decade while hiring 2.4 million people overseas.

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About Microsoft: Your Potential. Our Passion.

About Microsoft: Your Potential. Our Passion. | Global Business In a Changing World | Scoop.it
Get information about Microsoft, including a company profile, our mission and values, business strategy, community affairs programs, and more.

Chapter 10.2 Mission statement- is the organization’s statement of purpose and describes who the company is and what it does. Microsoft’s mission statement, “At Microsoft, our mission and values are to help people and businesses throughout the world to realize their full potential.”

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Export Loan Programs | SBA.gov

Export Loan Programs | SBA.gov | Global Business In a Changing World | Scoop.it

9.5 What Options Do Companies Have for Export and Import Financing - Success Tips for Entrepreneurs - Entrepreneurs and small businesses can look to the US Small Business Administration (SBA) for help with their import or export businesses. Approximately 70 percent of all U.S. exporters have 20 or fewer employees. SBA has placed a priority on helping these small business exporters by providing a number of loan programs specifically designed to help them develop or expand their export activities. If you own or wish to start a small export business, loans may be available to you.

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The mystery of the Chinese consumer

The mystery of the Chinese consumer | Global Business In a Changing World | Scoop.it

LILY LI wears a lanyard with a little plastic card around her neck, even at weekends. It is a badge of honour: it shows that she has a white-collar job." 

Chapter 8.1 Global Strategic Choices – Understanding Local Consumers Entering a market means understanding the local consumers and what they look for when making a purchase decision. After decades of deprivation and conformism, Chinese consumers regard expensive consumer goods as trophies of success. In public, they show off. In private, they pinch pennies. The owner of a gleaming new BMW will drive around for half an hour to avoid a 50 cent parking fee. And she will hesitate to spend much on interior decoration, because only her family sees the inside of her flat.

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Ford Global Expansion and Growth

Ford Global Expansion and Growth | Global Business In a Changing World | Scoop.it
Ford has big plans for India, China and the region.

Chapter 8.1 Global Strategic Choices -Companies embark on an expansion strategy for one or more of the following reasons: To improve the cost-effectiveness of their operations, To expand into new markets for new customers, and To follow global customers. Ford has big plans for India, China and the region. As part of our better plan for the region we are investing in additional capacity, expanding our dealer networks and further developing our supply chain. The growth potential in this part of the world in the next 10 years is astounding. China will remain the largest car market in the world for the foreseeable future and we estimate India will be the third largest market in the world in the next 10 years. This process also leads to lower development cost and greater economies of scale for our suppliers, and ultimately a higher quality and more economical vehicle for consumers.

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Factors that Affect the Movement of Currencies - Business Exchange

Factors that Affect the Movement of Currencies - Business Exchange | Global Business In a Changing World | Scoop.it
Currency and foreign exchange rates fluctuate all the time and if you want to strike it rich buying and exchanging foreign currencies, then you should learn all about the factors that affect the movement of different currencies.

 

Chapter 7.1 foreign exchange is money denominated in the currency of another country or—now with the euro—a group of countries. Simply put, an exchange rate is defined as the rate at which the market converts one currency into another.

Here are some factors that affect the rise and fall of different currencies:

International trade and international investments clearly affect the movement of a certain currency A perfect example is a huge demand for Japanese computer components; as the quality of Japanese-made computer parts improve, there will be more people who would want to buy components that are made in Japan. Government intervention also affects the movement of currencies. A recent positive development in the economy. Example: A new leader or passing of a new bill may spell positive growth for foreign investors  OR any speculation on the economy on the other hand may cause the currency to depreciate.
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Education in South Sudan: Status and Challenges for a New System

A new report on the status of education in South Sudan notes strong progress but daunting challenges facing Africa’s newest nation.

VIDEO

New World Bank Report shows that South Sudan is hard at work building a new education system. A million children remain out of school mostly in poor rural areas. Approximately 3 out of five teachers receive a salary from the government. There are approximately 80 children for each teacher.Chapter 6.2 what is the role of the the World Bank – Issues the World Bank tries to address.

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IMF Survey: IMF Support to Poor Countries Gets Needed Boost

IMF Survey: IMF Support to Poor Countries Gets Needed Boost | Global Business In a Changing World | Scoop.it

The IMF has approved distribution of additional profits from gold sales as part of a strategy to support low-interest lending to poor countries.Chapter 6.1 what is the International Monetary System- A Special Drawing Right (SDR) is basically The IMF has now decided to distribute the remaining SDR 1.75 billion ($2.7 billion) as part of a strategy to generate additional financial resources for the Poverty Reduction Growth Trust (PRGT), the IMF’s concessional lending vehicle. an international monetary reserve asset.

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After 15 Years, Nafta’s Promise Still Unfulfilled in Mexico - NYTimes.com

After 15 Years, Nafta’s Promise Still Unfulfilled in Mexico - NYTimes.com | Global Business In a Changing World | Scoop.it

Fifteen years after the North American Free Trade Agreement took effect, the pact, in some cases, has produced results that were exactly opposite of what was promised.

Chapter 5.2 - North America: NAFTA The North American Free Trade Agreement (NAFTA) came into being during a period when free trade and trading blocs were popular and positively perceived. Mexico’s exports have exploded under Nafta, quintupling to $292 billion last year, but Mexico is still exporting people too, almost half a million each year, seeking opportunities in the United States that they do not have at home. Local farmers were priced out of the market by food imported tariff-free. Many Mexican farmers simply abandoned their land and headed north

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Defense Spending - Top 5 Emerging Markets Industry Guide - The Sacramento Bee

Defense Spending - Top 5 Emerging Markets Industry Guide - The Sacramento Bee | Global Business In a Changing World | Scoop.it
/PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:...
Chapter 4.4 Emerging Markets Key Emerging Markets Asia
Highlights:
The top 5 emerging countries Brazil, China, India, Mexico and South Africa, contributed $170.5 billion to the global defense spending industry in 2011. Within the defense spending industry, China is the leading country among the top 5 emerging nations, with market revenues of $93.3 billion in 2011.China is expected to lead the defense spending industry in the top five emerging nations, with a value of $217.7 billion in 2016.
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U.S. Economy Expands at 1.5% Rate

U.S. Economy Expands at 1.5% Rate | Global Business In a Changing World | Scoop.it
Growth in the second quarter was held back as consumers curbed purchases and factories received fewer orders in the face of a global slowdown and a stronger dollar.

Chapter 4.1 classifying world economics Gross domestic product (GDP)- is the value of all the goods and services produced by a country in a single year.

The United States economy has lost the momentum it appeared to be building earlier this year, as the latest government statistics showed that it expanded by a mere 1.5 percent annual rate in the second quarter. It also illustrates the election-season challenge to President Obama, who must sell his economic record to voters as the recovery slows.

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Mexico's Economy On Track Due To Strong Foreign Direct Investment - Business Exchange

5 Percent, totaling $4.8 Billion in First Quarter of 2011 MEXICO CITY, May 25, 2011 /PRNewswire-USNewswire/ -- Foreign direct investment (FDI) in Mexico rose to $4.8 billion in the first quarter of 2011, an increase of 10.5 percent from the same period..

Chapter 2 Foreign Direct Investment.

Foreign direct investment (FDI) in Mexico rose to $4.8 billion in the first quarter of 2011, an increase of 10.5 percent from the same period in 2010. The United States accounted for 85 percent of foreign direct investment, followed by Switzerland with 8 percent, and Canada and Spain at more than 2 percent. Several U.S. companies have recently announced plans to invest in Mexico, including Wal-Mart de Mexico, which stated on May 23 that it planned to invest more than $178.9 million in Mexico to modernize its logistics network and open 50 new stores. More than 3,800 people will be hired due to this expansion plan.

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BBC News - Russian bribes culture hits international business

BBC News - Russian bribes culture hits international business | Global Business In a Changing World | Scoop.it
Russian authorities have pledged to tackle the growing issue of everyday corruption in the country, as it starts to affect international investment.

                                                                   

                                                                  (Video)

Chapter 3.4 – Global Business section _where do our values come from?

Summary of video: Russian authorities have pledged to tackle the growing issue of corruption in the country, as it starts to affect international investment. Some foreign companies are facing prosecution under anti-corruption laws at home because of the extent of the problem, and many are considering pulling out of Russia.
Corruption is the #1 problem in Russia with foreign investors.
example of ikea case in video.

 

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Strategic analysis of Procter and Gamble company

Procter & Gamble (P&G) is America’s biggest maker of household products...

Chapter 10.1-  “The hardest but most important thing for an organization to do is to develop its competitive advantage into a Sustainable Competitive Advantage—that is, using the organization’s strengths in way a that can’t be easily duplicated by other firms or made less valuable by changes in the external environment.”  Under Procter & Gamble's name, the sheer scale of products that are distributed creates a challenge for new entrants. Since the Company has a significant amount of many market shares around the world, a company without the capital for heavy marketing or research and development(R&D), would hardly be able to compete.

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United States Imports

United States Imports | Global Business In a Changing World | Scoop.it
United States imports were worth 225 Billion USD in August of 2012.

(INTERACTIVE CHART)

Chapter 9.1 Importing- refers to buying goods and services from foreign sources and bringing them back into the home country. United States is the world's second larger importer. The United States Imports reached an all-time high of 236514.00 Million USD in March of 2012.
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United States Exports

United States Exports | Global Business In a Changing World | Scoop.it
United States exports were worth 181 Billion USD in August of 2012.

(INTERACTIVE CHART)

Chapter 9.1 Exporting- is defined as the sale of products and services in foreign countries that are sourced or made in the home country. United States is the world's third largest exporter. The United States Exports reached an all-time high of 185182.00 Million USD in June of 2012.

 

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Mom Market Trends: News, Tools and Tips for Understanding and Marketing to Moms

Mom Market Trends: News, Tools and Tips for Understanding and Marketing to Moms | Global Business In a Changing World | Scoop.it
Mom Market Trends explores the social trends and marketing trends that affect moms and the companies that market to moms.
Chapter 8.5 Scenario Planning and Analysis -Trends and Uncertainties -Among the driving forces for change, be sure to distinguish between trends and uncertainties. Trends are forces for change whose direction—and sometimes timing—can be predicted. Moms love Facebook — but they TRUST blogs. And 92 percent of moms active in social media are buying products as a result of a social media recommendation. Toys were the No. 1 kids’ product purchased by moms as a result of social media recommendations

 

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What are Derivatives ?

An introduction to Derivatives....

Chapter 7.1  In the term’s broadest definition, derivatives are financial instruments whose underlying value comes from (derives from) other financial instruments or commodities. This video demonstrates what a derivative is and how it can work out for the good and how it can work out for bad.

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News Brief: IMF Establishing International Capital Markets Department

Chapter 7.2 International Capital Markets- are the same mechanism but in the global sphere, in which governments, companies, and people borrow and invest across national boundaries. The International Monetary Fund (IMF) will establish an International Capital Markets Department and it is envisioned that the new unit will have some enhanced responsibilities. Such as the systematic liaison with the institutions which supply the bulk of private capital worldwide. The Department will also play a central role in the Fund's conceptual work related to the international financial system and to capital market access by member countries.

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What will it take to end poverty in Africa? | End Poverty

What will it take to end poverty in Africa? | End Poverty | Global Business In a Changing World | Scoop.it

Chapter 6.2 what is the role of the IMF and the World Bank – Issues the World Bank tries to address. Overcome government failure.  By “government failure,” I don’t mean that governments are evil. Government failure refers to a situation where the particular incentives in government lead to a situation that is worse than what was intended with the intervention.

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Japan panel favors relaxing U.S. beef import lids

Japan panel favors relaxing U.S. beef import lids | Global Business In a Changing World | Scoop.it
Experts: Allow imports of beef from U.S.

Chapter 5.1 International economic cooperation – Challenges and opportunities the WTO faces. IN TOKYO — Japan is moving toward relaxing restrictions on American beef imports, which had been limited because of fears about mad-cow disease. In 2003 Japan banned U.S. beef imports after the fatal brain disease was discovered there. In 2005, Japan allowed imports of beef 20 months or younger. A panel of experts recommended Wednesday that imports of beef from cows up to 30 months old be allowed, up from the current 20 month age limit.

 

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WTO | 2012 News items - Day 3: Experts say trade is part of the answer in the fight against record unemployment

WTO | 2012 News items - Day 3: Experts say trade is part of the answer in the fight against record unemployment | Global Business In a Changing World | Scoop.it
Day 3: Experts say trade is part of the answer in the fight against record unemployment —...

Chapter 5.1 - The WTO’s primary purpose is to serve as a negotiating forum for member nations to dispute, discuss, and debate trade-related matters.

a high-level panel agreed that trade enables job creation, but jobs will not be created by trade alone. It is the role of governments to put in place the right domestic measures for job creation and income distribution. More international co-operation and coherence between the trade and job agendas is highly desirable, they concluded.

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World Bank issues growth warning

World Bank issues growth warning | Global Business In a Changing World | Scoop.it
Developing nations should brace themselves for weak growth and "tougher times", the World Bank warns.

Chapter 4.3 Developing World Developing countries sometimes find that their economies improve and gradually they become emerging markets.  The World Bank forecast that developing economies will grow by 5.3% this year, down from 6.1% in 2011. Developing countries should focus on productivity-enhancing reforms and infrastructureinvestment instead of reacting to day-to-day changes.

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Afghans are 'no different from any American'

Afghans are 'no different from any American' | Global Business In a Changing World | Scoop.it
KABUL, Afghanistan – The hopes of a whole nation are riding on the shoulders of Dr.

Chapter 3.3 Understanding How Culture Impacts Business Practices
- It’s critical to understand the history and politics of any country or region in which you work or with which you intend to deal

“We are not succeeding in making our case to the American public,” he said. “The majority of Afghans are decent, hard-working and in terms of what they want in life, they’re no different from any American. They want education for their children.  They want the ability [to access] … necessities. And they would like to live without violence hanging over them.”

Ghani said that Afghans embraced America “whole-heartedly” in 2001 because they believed the United States would help end violence, poverty and the abuse of power in the bruised nation. 

“If dislike has grown [among Afghans] it is because they have seen lack of movement towards the goals that they thought were shared values,” he said But he believes that most Afghans still know that they need the help of the United States.

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A Special Series: What the World Thinks of US

A Special Series: What the World Thinks of US | Global Business In a Changing World | Scoop.it

What does the rest of the world think of the United States?

3.1 What Is Culture, Anyhow? Values, Customs, and Language
 Term: Cross-cultural understanding - requires that we reorient our mind-set to interpret the gestures, attitudes, and statements of the people we encounter.
Term: Value is defined as something that we prefer over something else.
When trying to understand how cultures evolve, we look at the factors that help determine cultures and their values. In general

SUMMARY: *What does the rest of the world think of the United States?  
NBC News colleagues in over 10 countries around the world to checked the pulse on current perceptions of America’s global stature *Not surprisingly, views were mixed.
*In Pakistan, the United States has become familiar with drone attacks
*In China American innovation is praised but the idea of the U.S. as the “world police” is slammed. 
*In South Africa, many of the people noted China’s growing economic influence in South Africa and the region, but the United States was still seen as a model of racial harmony and praised as the “land of the free.” 

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