Documente Academic
Documente Profesional
Documente Cultură
Environment
associate professor Radu
Muetescu, PhD
radu.musetescu@gmail.com
Exam = oral =
questions = 60%
Seminar = 40%
open
answer
Questions:
Does a businessman
economic theory?
need
to
learn
Succesful entrepreneurship
= the ability of entrepreneurs to best serve certain
consumption desires
= entrepreneurs always allocate resources in the present in
order to get a future profit = they take over the economics
risk
there is no sure receipt for getting a profit = there is no
theory of successful entrepreneurship (a theory of how
to make money)
there are however some laws of the economic system
that the business decision makers have to pay attention =
if they choose to ignore them, the consequences can be
massive (leading to business failure) = ex. inflation,
business cycle, nationalization / expropriation, so on.
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Definitions of
international business
environment
= all the forces that influence any aspect of
the activity of an organization [Ian Brooks,
2004]
including too many dimensions will be
impossible = however, it is an iimage of the
complexity of any business environment
the need for more focus
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Some clarifications:
business environment
- an objective reality, independent, that
can be measured a significant number of
quantitative analysis and hierarchies /
comparizons at the international level (World
Economic Forum, Heritage Foundation, so
on)
- a subiective opinion,
persons / organizations
different
from
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