When income increases, expenditure on imports tend to increase. Which of the following best describes this relationship? Select one: a. A positive relationship. b. A negative relationship. c. An inverse relationship.
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When income increases, expenditure on imports tend to increase. Which of the following best describes this relationship?
A positive relationship.
A negative relationship.
An inverse relationship.
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- Valhalla Inc. is considering entering an international market, which of the following is true: a. With an new subsidiary there are too many unknowns but control b. There is less control with franchising but slow entry c. They would have easier integration with that of an acquisition d. Exporting is the best route because it is low risk and high controlFrom the following, please identify the 2 statements that are true as well as the 2 statements that are false. A) By operating internationally, a company may take advantage of business-cycle differences among countries and thereby reduce its financial risks. B) Many companies merge with or acquire other companies to gain operating efficiencies that help them compete with or become global leaders. C) Export restrictions are becoming more important because consumers increasingly want to buy goods and services produced in other countries. D) Geographical barriers typically do not affect distribution channels within countries; they only affect distribution channels between countries.A multinational or multicountry strategy entails A) giving local managers considerable autonomy and often producing different product versions for different countries. B) pursuing strong product differentiation and competing in many buyer segments. C) extensive efforts to transfer a company's competencies from one country to another so as to keep entry costs into new country markets low. D)a narrow product line aimed at serving buyers in the same segments of country markets worldwide. E) aggressive efforts to build a strong profit sanctuary in every country market where a company opts to compete.
- Who’s to blame?A Southern African company, Selebeas Parts Pty Ltd was founded in 2000 by four business friends, who were retrenched from a well known car manufacturing company. They each specialized in different areas. Thomas was made the Chief Executive Officer because of his International business exposure and global network that he built up over the years. They decided to manufacture vehicle body parts and bought a declining factory. A few changes were made to get themselves into production.Thomas spent several weeks overseas sourcing contracts and was lucky enough to secure a huge contract with Nigerian Government in North West Africa to manufacture bonnets and doors for luxury Nigerian built cars.It will be expected to Nigeria until a subsidiary factory was built and staffed in Nigeria. This would put Selebeas on the road to success because it was a multi-billion rand contract. A South African expatriate would then be appointed as a General Manager, while ten South African…Assume that you are CEO of a company of a Canadian electric car and you want to become a global player. This means that you sell to other countries, source products for your cars and manufacture them from in other countries and you market them in other countries. write a report outline your consideration to accomplish these goals kindly provide referencesBased on your understanding, analyze and apply the following statements by using examples to enforce your answer. Statement (1): Managers need to consider how trade barriers affect the strategy of the firm and the implications of government policy on the firm. Statement (2): Foreign business policy is a framework of interaction; providing gaudiness to set the priorities for countries, in trading and any commercial-related interests.
- Please help with a discussion on question #2. The base country is Nevis and the countries trading to is Australia, Columbia and Germany. You are asked to simulate your own multinational corporation (MNC).You are required to justify the form of their own MNC, based in the Caribbean, which tradeswith three countries outside of the North America region. Students will then examine issues relatedto foreign exchange management within their multinational corporation.This group assignment should address the following:1. The type of MNC, whether franchising, licensing, the exportation of a product soldthrough a distributor, etc. The rationale behind using this form of MNC should also begiven.2. The main foreign currencies that will be used in the business.3. The foreign exchange exposure of the company and how the company plans to managethis exposure.4. Any current financial issues that affect the operating environment of the MNC and howthese issues affect the company’s foreign currency…As a national of CARICOM, and a student of International Business Management, you have been invited to make a presentation on Foreign Direct Investments to an Investment team. (b) Foreign direct investments (FDIs), and what constitutes FDIs? (c) The implications of Foreign Direct Investments inflows for developing countries (d) The forces driving FDIs inflows.Your CEO has asked you to formulate a recommendation for how to expand into Western Europe. Your options are (a) to export from the United States, (b) to license a European firm to manufacture and market the computer in Europe, and (c) to set up a wholly owned subsidiary in Europe. Evaluate the pros and cons of each alternative and choose one. Suggest a course of action to your CEO
- 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.Put simply, International Business is the means that enables the ends of Globalization. A) True B) FalseWhich 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