Woche 1
Introduction to International Business
Introduction to International Business
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Kartei Details
Karten | 24 |
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Sprache | Deutsch |
Kategorie | BWL |
Stufe | Universität |
Erstellt / Aktualisiert | 12.01.2024 / 12.01.2024 |
Lizenzierung | Keine Angabe |
Weblink |
https://card2brain.ch/box/20240112_woche_1
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Einbinden |
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Name the 4 Risks in International business:
- Cross Cultural Risk
- Commercial Risk
- Currency Risk (Financial Risk)
- Country Risk
Global Wealth Development:
- Has risen 9.6% in the last 20 years
- Best performing years 2004/2005/2019
- Worst performing years 2022/2008(Subprime crisis)/2018
Growth of Regional Wealth Distribution 2010-2019 per adult:
- North America +69.7%
- in Eurpope +24.7
- China: The average adult is 3x wealthier
- Asia Pacific (exkl. China): +26.9%
Global wealth growth:
- 70% higher (2010-2019)
- Number of millionaires grew by 90% (2010-2019)
- The biggest changes in the lower to upper midle class (2010-2019)
- Total global household wealth grew by 2.6% (2018-2019)
Global growth:
- Growth Markets are Catching up to mature markets
- Market Share 1999: Mature Markets 90% / Growth markets 10%,
- Market Share 2019: Mature Markets 75% / Growth Markets 25%
Name the 4 elemts of the 4th Industrial Revolution:
- Automation
- Internet of Things (IoT)
- Artificial Intelligence
- Digitalization/Digitization
Development of regional Trade Agreements:
2009 and 2021 a big rise of Goods and Service agreements
Name 3 Societal Mega-Trends:
- Sustainability
- Wellness (health)
- Aging Population