Ay 1. What percentage of the world population do Americans, Canadians, Australians, British comprise? Why is this important to understand the global nature of business?
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- 1. Do you know what International Financial Institutions is? What are its examples? What role does it play in the global arena? 2. Do you know what market integration is? How important is market integration in the global economy? 3. Do you know what is a corporation? What contributions does it play in the global economy?. What is globalization? What modes of international business are used by firms that want to globalize? Briefly describe each method. 1. What is the difference between a monochronic and a polychronic culture? How do such cultural differences affect business practices for international firms? 2. What is gross national income? How is it calculated? Illustrate your answer with a specific example. 1. What are the disadvantages of import restrictions in regard to creating domestic employment opportunities? 2. What is value chain configuration? Briefly list and discuss the factors that influence value chain configuration. 1. What is the relationship between a company's international market and its production location decisions? How do firms benefit from the use of scanning techniques when making location decisions? 2. Explain how franchising agreements differ from licensing agreements. 1. Compare push and pull promotional strategies in the context of international business.…1.How has the global marketplace changed because of recent developments in markets, finance, and labour? 2. What Global Trends are currently being influenced in Belgium?
- Question #1 – What is the ‘expectations gap’? Is there even anything the accounting profession can do to close this ‘Expectations Gap’? Question #2 – To converge or not to converge, that is the question. The adoption of IFRS by U.S. companies would it easier to compare U.S. and foreign companies, as well as for U.S. companies to raise capital in foreign markets.D4) Finance Explain why it is important to understand different institutions when they start/while doing business abroad. Clearly mention the role of institutions in international business with exampleShort answer What are two major reasons why companies expand abroad? Explain using examples
- when the executives in charge of a firm decision to enter a new country, they must decide how best to do it, State and explain 5options of entering international markets available businessCan organizations survive on a specific economic view as they become involved in international business?1. Supposed a company plans to expand its business abroad, what are the risks it might encounter? 2. What are the needed policy interventions that must be imposed upon doing business internationally?
- What information would one use to determine the type of economic system that a country has? (Multiple choice) 1. The information needed would be the rate of inflation and the gross domestic product figures. 2. The information needed would be the breakdown on who owns the business in the country and how much control the government has upon business regulations, taxes, etc. 3. The information needed would be the gross domestic products figures and consumer price index figures.What is FDI? Explain it and give example 3 companies (which are the FDI in China)What is globalization? How is globalization impacting the external environment in which businesses operate and what can businesses do to operate successfully in the global environment. What are the advantages and disadvantages of globalization?
