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Q: What impact do global linkages have on firms and consumers?
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What are the benefits of forward linkages?

Forward Linkages have the benefit of spill overs from upstream firms to downstream firms. Domestic firms benefit from MNEs vertical spillovers and competetion effect.


Which firms specialise in global wealth management?

Global private banking firms specialise in global wealth management. They have experience when it comes to converting currency and they also operate on a global scale.


Types of global business environment?

There are many types of business environments. these can include competitor, technological, supplier, and socio-economic. These are the different situations that a business will come up against.


What is the coverage of micro economics?

To do with individual consumers, markets and firms.


Whole salers are firms that sell driectly to the consumer?

Retailers are firms that sell directly to the consumer, wholesalers are the firms that supply the retailers goods to sale to the consumers.


A circular flow model shows the relationship between consumers and?

Firms


If a firms product is perishable where is the firm usually located?

It's near its consumers


Of what considerations should firms attempting to compete on a global basis be aware?

Firms attempting to compete on a global basis should be aware that nations differ greatly in their political, legal, economic, and cultural environments


Business laws greatly affect?

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Firms that have substantial operations in more than one country are called?

global companies multi domestic firms affiliated companies


Who are the various actors in the distribution channel?

manufacturing firms,distributors or wholesalers,retailers,consumers


The costs for firms operating on a global scale have been drastically reduced by what?

The Internet