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* INTERNATIONAL FIRM - simply do import and export - operates in foreign countries through licensing and Franchising - managed by nationals of home country - concentrates in some countries or regions

* GLOBAL FIRM - invests and is present in many countries - has affiliates, subsidiaries and branches in many countries - draws resources such as labor,capital and materials from a global pool - pursues global business strategy. * An International firm can become a global firm by pursuing global business strategy

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What are the macro environmental factors affecting gucci?

Gucci is influenced by several macro environmental factors, including economic conditions that affect consumer spending and luxury goods demand. Social trends, such as increasing consumer awareness of sustainability and ethical fashion, also impact the brand's strategies. Additionally, technological advancements influence marketing and e-commerce strategies, while political factors, including trade regulations and tariffs, can affect international operations and supply chains. Lastly, cultural shifts and global events, like the COVID-19 pandemic, can alter consumer behavior and preferences.


What challenges are the third world countries facing in relation to development?

Global Trade - Challenge, Scheduling and Approach:The very first challenge for a global enterprise is to formulate an international approach and then execute it. The administrators and those at decision-making positions often find it hard to alter their thought pattern, which is not good to work in international paradigm. There are numerous worldwide businesses but only a few of them have really accepted a good international approach. Though the situation is improving with more and more professionals and trained graduates taking on the management positions. Nevertheless, global business management needs additional ordinary management, foreseeing and control talents.Foreign Politics:Political expertise is a must for everyone but it becomes all so vital when working at global stage. If some plans were appropriate for your trade, a change in ruling government can bring strong changes in those plans. Political disarray will bring down the financial system and that can affect your business. To avoid safeguard business from such unhelpful bangs, you need to make sound political decisions.Economic and Financial Challenges:It begins from organizing the resources to initiate global trade and consist of everything like variation in exchange rate, international financial crisis (or some financial crises in the host nation), change in oil rates, international price rises or tariff barriers imposed by the host ruling party, also the export related rules of your own government.Natural Catastrophe, Environment and War or Terrorism:Various multinational businesses have to countenance severe opposition by some environment friendly organizations. Citizens are more worried about water and air pollution these days as it is becoming a severe danger to their health. Some natural calamity such as earthquake and floods or some kind of civil war breaking out in the host nation is also in the catalog of potential challenges. A fresh challenge that a global trade business has to bear these days in some specific nation is the danger of bombing, violence or terror campaigns.


Which of the monetary policy tools can alter both the level of excess reserve and the money multiplier?

the federal funds rate


What are the difficulties in forecasting the sales of consumer durables?

Forecasting the sales of consumer durables is challenging due to factors such as changing consumer preferences, economic fluctuations, and technological advancements that can quickly alter market dynamics. Additionally, seasonal trends and promotional activities can create variability in sales patterns, complicating predictions. Limited historical data for new products also makes it difficult to establish reliable forecasts. Lastly, competition and external market influences, such as supply chain disruptions or global events, can further impact sales projections.


How can trade impact a country infrastructure?

Trade can vastly impact a country's infrastructure. For instance, if a country can become profitable from farming, they will alter their infrastructure to land clearing and irrigation.

Related Questions

What are the differences between read-only and full access?

Read-Only-Memory is a file that you can ONLY read. You cannot edit, alter or change this in any way. When it is Full Access, you CAN edit it.


What would happen to global winds if earth didnt rotate?

If the Earth didn't rotate, global winds would primarily flow from the poles to the equator due to the temperature differences between these regions. Without the Coriolis effect, which is caused by the Earth's rotation, winds would not be deflected and would move in a straight line. This would lead to a more straightforward and less complex wind pattern, likely resulting in extreme temperature zones and potentially severe weather conditions. Overall, the absence of rotation would significantly alter global climate and weather systems.


If south America were not there how would the direction of the South America Equatorial Current alter?

The Atlantic and Pacific Oceans would be one Ocean and the whole global oceanic gyres would alter to accommodate.


What is the alter?

The alter constellation is also known as Ara. It is a southern constellation. It lies between Scorpius and Triangulum Australe.


What effect does global warming have on tides?

Global warming can cause a rise in sea levels, which can lead to higher high tides and an increased risk of coastal flooding. The warming also affects ocean currents and can alter tidal patterns in some regions.


What is difference between alter and modify on oracle?

MODIFY is a clause used within an ALTER statement, such as ALTER TABLE, ALTER INDEX or ALTER MATERIALIZED VIEW, etc. That is, MODIFY isn't a command by itself. For example, you might change the length of a text column in a table with the following: ALTER TABLE employee MODIFY (email_address VARCHAR(132));


After 1929 in the face of the worsening global economic crisis the US?

refused to alter the payment schedule of debts owed by European nations to America


Is a computer component that can alter its electrical state between on and off?

gooey


What is the difference between edit and browse?

Browse is "To look for", and edit is "to alter or change."


What is the difference between alter session and alter system?

Use the ALTER SESSION statement to specify or modify any of the conditions or parameters that affect your connection to the database. The statement stays in effect until you disconnect from the database. Use the ALTER SYSTEM statement to dynamically alter your Oracle instance. The settings stay in effect as long as the database is mounted. Ankit Kapse


What is Alter Metal?

Alter Metal is a cross genre between Grunge/ Alternative and Heavy Metal. Anter Metal and Alternative Metal are different in many ways, such as Alter Metal bands have a grungy look to them. And Alter Metal leans more towards Grunge/ Alternative, and Alternative Metal is more Heavy Metal.


What are the effects of global warming on global winds?

Global winds are dependent largely on the large difference in temperature between polar and tropical regions. Global warming heats the poles faster than the tropics, thus reducing the temperature difference. Exactly how global winds would change as a result is hard to predict. One likely trend would be a weakening of jets streams in the temperate latitudes.