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The following figures show the demand (D) and supply (S) curves of micro and macro economists.Figure 16.6
-It is often profitable for the white-males to accept lower paying positions to avoid working with women.
Geocentric View
An outlook in international business where a company sees the entire world as a potential market and strives to develop products or services that appeal globally.
Transnational Strategy
A business approach that involves operating globally while remaining responsive to local needs and conditions.
Divestiture
Divestiture is the process of selling off or disposing of an asset or division of a company as a strategic business decision.
Core Competencies
Unique strengths and abilities that a company or an individual possesses which distinguish them from competitors.
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