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jautājums		atbilde
main drivers of globalization sākt mācīties		cost factors, technology factors, market factors, global business cycle
the BRICs sākt mācīties		Brazil Russia India China
łańcuch dostaw sākt mācīties		supply chain
company strategy in the face of globalization sākt mācīties		import/export, outsourcing, foreign direct investment
outsourcing sākt mācīties		subcontract
subsidiary sākt mācīties		overseas division
tariffs sākt mācīties		taxes on imports
quotas sākt mācīties		limits on imports
balance of trade sākt mācīties		difference between a nation's imports and exports
nadwyżka handlowa sākt mācīties		trade surplus
deficyt handlowy sākt mācīties		trade deficit
balance of payments sākt mācīties		balance of trade plus service and investments
WTO sākt mācīties		World Trade Organization - works towards reducing tariffs and quotas
IMF sākt mācīties		International Monetary Fund - makes short-term loans to countries that cannot pay debts
World Bank sākt mācīties		lends money to developing countries, particularly for infrastructure projects
subsidiary sākt mācīties		company owned by another company
subsidy sākt mācīties		money paid by government to support a business
recovery sākt mācīties		upswing, upturn
growth sākt mācīties		boom, expansion
recession sākt mācīties		contraction, downturn, slowdown
depression sākt mācīties		slump
inwestycja zagraniczna sākt mācīties		inward investment
licensing sākt mācīties		a company gives the right to manufacture its product to a foreign company for a fee= royalty
joint venture sākt mācīties		a partnership in which two or more companies join to undertake a major project or start a business activity
strategic alliance sākt mācīties		a long-term partnership similar to joint venture, but it may be between two companies of very different sizes, such as large manufacturer and one of its suppliers

Business Handbook-unit 2- globalization

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