specjalne do kolokwium 1

Basic strategy for companies

import export/outsourcing/foreign direct investments

the main drivers of globalisation

cost factors/market factors/technology factors/global business cycle

global business cycle

1 recovery 2 growth 3 recession 4 depression

industry groups

primary industries-mining / secendary industries construction manufacturing / service industries banking

a sole trader

business od ownd by one person

partnership

two or more people run business togerher

a limited liability company

there is legal distiction between the company and the owners. often family run business

a public limited company

company owned by shareholders

franchise

business owner allows other people to set up in business

5 ways that company can grow

1 stay private(growth as private company) 2 IPO initial public offering 3 trade sale(sale to larger company) 4 merger (two establish companies join to form one 5 takeover one established company buys another

industry groups dokładnie

information technology / utilities / telecommuaication services / finaacials / health care / consumer staples / consumer discretionary / commercial services and supplies / energy / materials / industrials

walka z inflacja

1. increasing taxation 2. increasing interest rates 3. increasing the reserve requirements od banks 4. increasing the sale of bonds by the central bank