Explain Two Positive impacts that the business decision will have on Owners interests.
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Business Decision: Nestle decides to expand its business operations to the Middle East.
1. Explain Two Positive impacts that the business decision will have on Owners interests.
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- (1) What thoughts/ideas do you have about Dubai? (2) What thoughts do you have about the business or religious environment? (3) What is proper business attire there? (4) How might the climate and/or location impact business? Think about those things, then watch the video below. After watching the video, answer the questions above. Discuss your thoughts before and after watching the video. Specifically, discuss if any of your perceptions changed.Answer all questions A) With relevant examples, compare the absolute advantage theory and the Comparative Advantage theory. What lessons can be learnt from these theories? B) Understanding the beliefs, values, behaviour and material objects that together form a people’s way of life is crucial in International Business. Examine the various aspect of culture that an International Business Manger should consider and how they affect business strategy. C) In the quest to transform the Ghanaian economy, the Government of Ghana introduced the Ghana Free Zones Programme. Critically examine how this programme has added value to the economy of Ghana.2. If Friend-Z’s management did decide to become a global competitor, the company must decide which foreign country (or region) to enter first. What environmental factors would you have to take into consideration?
- 1. If you were a manager for Baskin-Robbins, how would you evaluate a request from a local partner in India to add sugar-cane-flavored ice cream to its menu? What cultural factors would you look at? 2. Do you think Dunkin’ Brands should let local operators make their own decisions regarding flavors for ice creams, donuts, and other items to be sold in-country? How would you recommend that the company’s global management assess the cultural differences in each market? Should there be one global policy?Characteristics of Multinational companies are - 1. Produce (rather than just distribution) abroad as well as in the headquarters’ country 2. Operation in a certain number of nations 3. It maintains complete industrial organizations 4. Have a certain minimum number of foreign to total number of employees, or of the foreign total value of assets 5. Possess a management team with geocentric orientations 6. Directly control foreign investments Q. Discuss those characteristics of Multinational companies?Moving from markets that are anchored in a Judeo-Christian orientation such as that found in United States or Germany, to others markets oftentimes is quite challenging to international managers. Difficulties often emerge when moving from a Judeo-Christian to Islamic society, such as that seen in Saudi Arabia. The latter typically advocate and enforce different codes that directly influence acceptable personal and business behavior. In the case of Saudi Arabia, the case, Saudi Arabia’s Dynamic Culture, points out that it’s unique Islamic- centric mixture of ____, ____, and ____ results in laws and customs that are pose points of uncertainty and perplexity. A) liberalization of economic practices B) strict religious convictions C) governmental economic policies D) ancient social traditions E) regulation of technology
- In reaching global markets outside the United States (a) what are some criteria that Prince should use to select countries in which to market aggressively, (b) what three or four countries meet these criteria best, and (c) what are some marketing actions Prince might use to reach these markets?Contemporary international business approaches appear to take a different stand fromtraditional international business approaches. In traditional international business, competitorsare viewed as rivals and MNCs need to strategise to counter industry rivalry. However,contemporary international business views competitors as allies and, in fact, MNCs areadvised to form strategic alliances with their competitors. This shift in paradigm has createdmany possibilities and opportunities for MNCs. The continuous economic growth in the AsiaPacific region is presenting tremendous opportunities for MNCs in the region. MNCs observenew shifts as a means to capitalize on new opportunities because these shifts reflect newinternational business opportunities in the 21st century. Discuss, with examples, any FIVE (5) emerging shifts in international business in the 21st century.Your answer should cover the impact of Artificial Intelligence (AI) in International Business.5 (a) What criteria might Chobani use when it seeks markets in new countries and (b) what three or four countries meet these criteria?
- 1. What is globalisation? 2. Discuss two (2) advantages and two (2) disadvantages of globalisation. 3. Utilising Hofstede’s Cultural Dimensions, state the differences in culture between Brazil and Russia? 4. How would you recommend a company deal with the differences in culture when operating in Russia and Brazil?Infosys comes from India with a relatively 'corrupt' environment, but managed to develop business strategy based on ethical values from core values and belief systems that encourage achievement of high business performance. With this performance, Infosys is growing rapidly and successfully penetrate the global market. Question: Are the values in Infosys's core values and belief systems able to survive as a driver of achieving high performance in a global environment with various values and ethics that may be different, even contradictory?1 What is IBM’s Smarter Planet business strategy? How does this strategy relate to IBM’s mission and values?