1. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2

2. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Example of mental map. Week 2

3. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Example of conceptual map. Week 2

4. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Understanding of global markets. (mental/conceptual map) Week 2

5. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2. Session 2 DYNAMISM AND COMPETITION IN GLOBAL MARKETS. Week 2

6. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Dynamism… Business in a changing world What is /are business? Week 2

7. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Definition of Business a commercial or industrial enterprise and the people who constitute it commercial enterprise: the activity of providing goods and services involving financial and commercial and industrial aspects Occupation: the principal activity in your life that you do to earn money Source: http://wordnet.princeton.edu/perl/webwn According to Princeton’s WordNet: Week 2

8. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Business is a legally recognized organizational entity existing within an economically free country designed to sell goods and/or services to consumers or other businesses, usually in an effort to generate profit. Source: http://en.wikipedia.org/wiki/Business According to Wikipedia: Week 2

9. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés DYNAMICS. Dynamics, dynamism are common words in todays language. Business are dynamic, the world is dynamic, the society, a specified system, but what does dynamic really means? Week 2

10. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Traditional Business Model. Dynamic (or actual) Business Model. Input Process Output Input Process Output Feedback Week 2

11. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés In other words DYNAMIC means… …THE WORLD CHANGES EVERY MINUTE EVERY MINUTE!!!!! Week 2

12. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 The Fish Game results 401

13. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Fish results

14. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Catch / ship

15. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Assets

16. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Ships allocation

17. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Catch and ship value

18. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 The Fish Game results 402

19. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Fish results

20. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Catch / ship

21. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Assets

22. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Ships allocation

23. Planes Financieros Introduction to Management and Finance (Ph6012) M. en I. Alejandro Flores M. Instituto Mar de Cortés Week 2 Pacific Ocean Atlantic Ocean Catch and ship value