In recent years, the rate of globalization increased due to the following reasons, except .a All the choices are correct .b A firm wants to expand its main strengths to other parts of the world .C A firm wants to collaborate with its rivals in a foreign country .d A firm wants to take advantage of less expensive inputs available for its .operations in some other country .e A firm's demand in a local market is reducing due to macro and micro economic conditions

In recent years, the rate of globalization increased due to the following reasons, except .a All the choices are correct .b A firm wants to expand its main strengths to other parts of the world .C A firm wants to collaborate with its rivals in a foreign country .d A firm wants to take advantage of less expensive inputs available for its .operations in some other country .e A firm's demand in a local market is reducing due to macro and micro economic conditions

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

[International Business] In the dynamic environment of strong competition, recommend 5 approaches for Amazon to tap into the Chinese market in the near future.
Q3 a) Describe the factors that have contributed to globalization of the business? b) Free market economy stimulates greater economic growth, whereas state-directed economies stifle growth. Discuss the validity of this statement.
What is the importance and role of Jollibee Food Corporation in economic globalization?. (400 words)
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?
Based on the graphic, mark each statement as true or false. (T= TRUE., F= False A) Globalization helps developing countries, namely those that are aggressively pursuing economic and social progress, through the spread of education, conflict, and technology. B) Globalization, through advances in all sorts of areas, running from education through technology creates connections and dependencies that makes for a better, prosperous world. C) Globalization, by promoting the spread of education, the spread of culture, and the spread of technology, creating more interconnected interdependent world.
Select an organization the team is familiar with and which has a global presence.General motorsManagement in the team’s organization has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points.Createa 3 to 4-slide PowerPointÂ® presentation in which you describe or explain how each of the following are or potentially will affect General motor :The effect of global competition on the decisions made by management with regards tochange in labor demandsupply relations with unionsRecommend how the organization you chose may respond to each of the previous points
All of the following are reasons why international opportunities should be considered by managers, EXCEPTA.the world is getting smaller.B. serving international markets may improve economies of scale. C. favorable trends at home and unfavorable trends in other countries make international marketing particularly attractive. D. around the world, potential customers have needs and money to spend.E. it helps to develop a competitive advantage at home and abroad.
1. Multinational corporations Aa Aa Why do companies go global? Multinational corporations operate in locations across the world. Each company has its own motive for its presence in different countries. Consider the following case: Salty Lemon Manufacturers's domestic demand has matured and leveled off. Consequently, the firm is looking to expand its operations overseas because it believes that its growth opportunities are more promising in foreign markets Which of the following best describes the reason Salty Lemon Manufacturers has decided to go global? O To avoid political, trade, and regulatory hurdles O To seek production efficiency O To broaden its markets Now consider the case of Sweet Dog Manufacturing. Many of Sweet Dog Manufacturing's customers have expanded to India. Consequently, Sweet Dog Manufacturing has decided to expand its operations to India to better serve its customers. Sweet Dog Manufacturing has decided to go global in order to Companies go global…
please use Nestle as the caribbean company and Canada as the international market 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 in the agro-processing sector and its product (s) withinformation available on the internet, that does not currently operate outside the Caribbean CARICOMregion. You will conduct a comprehensive study of the international business environment, that is, thegeography, 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 forinternationalization. Looking particularly at entry strategies that could be utilized as discussed in the course.You will need to keep in mind the domestic realities of the company and its product (s) by conducting asituation analysis to start. You are also required to suggest an international strategy after…
learn about different market structures and strategies, and threats in a global market. Instructions Review the following materials: International StrategyLinks to an external site. (5:48) The New Economy Drivers and Disrupters Report: Tracking the Forces Threatening the World's Hottest EconomiesLinks to an external site. Answer the questions in this document: 1.Summarize what you learned from your reading 2. What is the difference between a driver and a disrupter in the global market? 3. What do you think is the most important thing for a new business to understand when entering the global market 4. What is one of the forces threatening the world's hottest economies? 5. Thinking of your native country, (Tanzania) which threats are most likely to affect your country's economy?
International business is explained by many International trade and investment theories. Do you think that these theories explain trends in business adequately? As a point of focus-discussion, refer to the China’s competitive advantage in exporting Rubber Shoes and Bangladesh in exporting Garments. (internatonal business)
Growth of ikea as a result of globalization over the last 10 years?