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下载后可任意编辑International Management:Culture, Strategy and Behavior 1.T/F 10*1 mark=10marks2.Multiple Choice 10*2 mark=20marks 3.Short-answer 3(5)*10 mark=30marks4.Essay 3(2)*20 mark=40marksHint:The final exam grades only take up the 40% of the real last grades,20%discussion,40%the mid-term exam gradesKey pointChapter 1 Globalization and International Linkages1. International Management1) International management process: Applying management concepts and techniques in a multinational environment; Adapting management practices to different economic, political, and cultural environments.2) Multinational corporation (MNC): Operations in more than one country International sales Nationality mix of managers and owners2.Globalization and Internationalization1)Outsourcing The subcontracting or contracting out of activities to endogenous organizations that had previously been performed by the firm.2)Offshoring The process by which companies undertake some activities at offshore locations instead of in their countries of origin.3)Benefits of Globalization: wealth, jobs, technology, lower prices.4)Criticisms of Globalization: off-shoring of business service jobs to lower-wage countries; growing trade deficits; slow wage growth; environmental and social impacts.3.Global and Regional Integration(TForCH)1)Global Agreements: World Trade Organization (WTO) (General Agreement on Tariffs and Trade下载后可任意编辑 (GATT))2)Regional Agreements: North American Free Trade Agreement (NAFTA) U.S.-Central American Free Trade Agreement (CAFTA) European Union (EU) Association of Southeast Asian Nations (ASEAN) Free Trade Agreement of the Americas (FTAA) 3)Shifting landscape due to:•Economic integration•Economic potential of emerging markets4.Trends in International Investments and Trad...