A company, Golf Pros, would like to build a golf course that could be played year round. Which component of the international business environment would they need to consider? a. Geography b. Culture c. Politics d. Economy
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A company, Golf Pros, would like to build a golf course that could be played year round. Which component of the international business environment would they need to consider?
Geography
Culture
Politics
Economy
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- Discuss the following briefly and afterwards, differentiate them from one another and give an example. 1. Global market integration 2. International companies 3. Multinational companies 4. Global companies 5. Transnational companies Kindly answer 1-5. Thank youWrite 2 or 3 paragraphs to teach the competency to somewho who has not taken Introduction to Business. 1. Describe how firms engage in international business.Foreign investment continues to grow in the United States.Do you think this is a positive trend for U.S. businesses andconsumers? Why or why not?
- Subject: McDonald's and its expansion to the market in Japan Put yourself in the position of a person who belongs to the affected foreign country (Japan). What is your perspective on the culture shock situation and how could it translate into a lack of ethics? Argue about the importance of considering culture in international business management. Support your answer on the theoretical basis presented by Hofstede and Trompenaars.Introduction to International Business Requirements: You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria. You will choose a known Caribbean Company (I'm choosing is Yao Antigua Dairy Ltd. (https://www.yaoantigua.com/) in the agro-processing sector and its product (s) with information available on the internet, that does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment (I'm choosing Canada), that is, the geography, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably. Propose a strategy for internationalization. Looking particularly at entry strategies i.e. • exporting• licensing arrangements• partnering and strategic alliances• acquisitions• establishing new, wholly owned subsidiaries, also known as greenfield venture that…why there is so called developed countries growth than us i. what are the chellenges? ii. how do IT solve the problems?
- Suppose DAK Corporation plans to open its factories in Brazil, where culture and socio-economic context is dramatically different from other countries. Critically examine the strategic options you will adopt as a Manager of Business Development – International Expansion to present to your CEO.Read the following excerpt from a detailed article on globalisation and The ability of countries to rise above narrow self-interest has brought unprecedented economicwealth and plenty of applicable scientific progress. However, for different reasons, not everyone hasbeen benefiting the same from globalization and technological change: wealth is unfairly distributedand economic growth came at huge environmental costs. How can countries rise above narrow selfinterest and act together or designing fairer societies and a healthier planet? How do we makeglobalization more just?According to Christine Lagarde, former President of the International Monetary Fund, “debatesabout trade and access to foreign goods are as old as society itself ” and history tells us that closingborders or protectionism policies are not the way to go, as many countries doing it have failed.Lagarde defends we should pursue globalization policies that extend the benefits of openness andintegration while alleviating…Which one of the following is NOT a reason a company decides to enter foreign markets? A) To spread business risk across a wider geographic market base B) To build the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market C) To capitalize on company competencies and capabilities D) To gain access to more buyers for the company's products/servicesE) To achieve lower costs and enhance the firm's competitiveness
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