FINAL REVIEW

Topic

START

Review

let's remember

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Reasons to internationalize

At the start of the course, we learned about different types of companies.

• Multinational company
• Multi-domestic company

TOPIC 3

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1. Licensing/franchising
2. Turnkey projects
3. Research and development contracts
4. Joint marketing
5. Joint venture

World Trade Organization (WTO)

World Bank (WB)

United Nations Organization (UN)

International Organizations and Institutions

WTO decision making bodies

Organization for Economic Cooperation and Development (OECD)

TOPIC 4

TOPIC 5 Strategic Decisions

SUPPLY CHAIN & SUPPLY CHAIN MANAGEMENT

Marketing refers to activities to create, develop and defend markets that satisfy individual and business customer

culture is relevant

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orientations

Decision-making regarding human resources, mobility, way of working, organization, etc...

• Polycentric
• Ethnocentric
• Geocentric

World Bank (WB)

Negotiation styles

Remember that, although each negotiation style has its own characteristics, the main challenges to overcome proposed by Solomon and Shell (2010) are the following:

• Overcome linguistic and cultural differences.
• Develop trust and relationships despite the distance.
• Overcome logistical challenges.
• Develop a common context for decision-making.

TOPIC 8

• Import for consumption
• Temporary import
• Reimportation
• Duty-free import

• Temporary export
• Final export
• Direct export
• Indirect export

exports imports

Ventanilla Única

Is a tool that allows electronic information to be sent, once, to a single entity, to meet all foreign trade requirements.

MAPA

annswer the following questions

1. What is a regional economic group?
2. What is economic integration?
3. Which are the different types of regional economic agreements depending on the integration levels?
4. What is marketing?
5. What is marketing research?
6. Define international logistics
7. What is an alliance? and its types.
8. Which are the reasons associations are dissolved?
9. Mention the arguments from governments to justify their intervention in international trade. Economic and non-economic
10. What is a tarrif regulation?
11. What is a non- tarrif regulation?

1/17

These blocs are created when two or more countries come together to decide on the imposition of common trade policies for the rest of the world in terms of tariffs and access to their market, agreeing on preferential treatment between them.

What is a regional economic group?

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It is the process by which countries gradually eliminate the instruments or characteristics that give them differential treatment among themselves.

What is economic integration?

T-MEC

EU - EUROPEAN UNION

T- Association of Southeast Asian Nations (ASEAN)

T-MEC

FREE TRADE ZONE

• Formal treaty between two or more countries that agree to reduce or eliminate tariff and non-tariff barriers to trade between them
• Free charge to non-member countries

EUROPEAN UNIONUNITED KINGDOM

• Establishes a common policy in addition to all the characteristics of the previous integrations
• Unifies including foreign and defense policy issues.

• when at least two nations decide to establish a common currency
• Harmonization of national economic policies to eliminate the lack of coordination and the great disparities between the States that compose it.

• Elimination of all restrictions on the flow of capital and labor of participating nations.
• The free movement of people,
• Services and capital without discrimination
• Unified legislation of member countries
• Free competition in the internal market.

POLITICAL UNION

MONETARY UNION

COMMON MARKET

CUSTOMS UNION

• Establish the same foreign trade policy with the rest of the countries outside the area
• Reduction or elimination of tariff and non-tariff barriers between member countries, establishing common tariff policies for the rest of the world.

1/17

Marketing is the area that is responsible for reducing uncertainty in the preparation of the company's operations, through the analysis of information and strategies aimed at the company's objectives, adding the specific conditions of the market and the environment. In this way, marketing supports the company to prepare its operation in a better way

What is marketing?

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Is the analysis of through the scientific method, the objectives are determined to be able to collect primary and secondary information that help the company to learn more about the general environment of the country and market, the specific characteristics of the target market and the environment in the industry of the product with which it is planned to participate

What is marketing research?

1/17

International logistics is defined as the design and administration of the system that directs and controls the efficient flow and storage of goods and services from the point of origin to the point of consumption and across the borders of a country, to satisfy the needs of customers and meeting the objectives of the company with the most efficient cost possible

Define international logictics

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Topic 13 - Review

Question 10/10

3/17

You have finished the course!

¡Congratulations!