It appears that AES underestimated the challenges of establishing a successful business venture in the former Soviet republic of Georgia. Do you think Ghemawat's CAGE framework could have helped AES' executives better understand the risks and opportunities of investing in Georgia? Why or why not? Which dimensions of distance did the company overlook or fail to give sufficient consideration? In retrospect, is there anything the company could have done differently to mitigate risks and enhance its prospects for success? Be sure to support your argument with specific examples from the documentary "Power Trip." Answer the questions using up to 500 words.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter3: The Environment And Corporate Culture
Section: Chapter Questions
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It appears that AES underestimated the challenges of establishing a successful business venture in
the former Soviet republic of Georgia. Do you think Ghemawat's CAGE framework could have
helped AES' executives better understand the risks and opportunities of investing in Georgia? Why
or why not? Which dimensions of distance did the company overlook or fail to give sufficient
consideration? In retrospect, is there anything the company could have done differently to
mitigate risks and enhance its prospects for success? Be sure to support your argument with
specific examples from the documentary "Power Trip." Answer the questions using up to 500
words.
Transcribed Image Text:It appears that AES underestimated the challenges of establishing a successful business venture in the former Soviet republic of Georgia. Do you think Ghemawat's CAGE framework could have helped AES' executives better understand the risks and opportunities of investing in Georgia? Why or why not? Which dimensions of distance did the company overlook or fail to give sufficient consideration? In retrospect, is there anything the company could have done differently to mitigate risks and enhance its prospects for success? Be sure to support your argument with specific examples from the documentary "Power Trip." Answer the questions using up to 500 words.
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