Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 1DCS
Summary Introduction
To discuss: List the different countries name appear on the labels of clothes and the languages spoken by classmates and also list the ethnic restaurant in the community.
Introduction:
Global impact refers to the impression that is on a person’s life related to choice of foods, brands, restaurant and languages. In this era of globalization, the different values of one country also impact another country due to the vast coverage of media.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Discuss the notion of the "social contract" and how that might be considered in management's decision to pay higher taxes to the company's home country or to shop for a country that imposes lower taxes, then relocate the company's headquarters there.
Why is international business different from domestic business?
Why would you prefer Japan International Relations compared to Caribbean International Relations? Provide examples in your explanation.
Chapter 3 Solutions
Understanding Business
Ch. 3.1 - Prob. 3.1AQCh. 3.2 - Prob. 3.2AQCh. 3.2 - Prob. 1TPCh. 3.2 - Prob. 2TPCh. 3.2 - Prob. 3TPCh. 3.2 - Prob. 4TPCh. 3.3 - Prob. 3.3AQCh. 3.3 - Prob. 3.3BQCh. 3.3 - Prob. 3.3CQCh. 3.3 - Prob. 5TP
Ch. 3.3 - Prob. 6TPCh. 3.3 - Prob. 7TPCh. 3.3 - Prob. 8TPCh. 3.4 - Prob. 3.4AQCh. 3.4 - Prob. 1MEDCh. 3.4 - Prob. 9TPCh. 3.4 - Prob. 10TPCh. 3.4 - Prob. 11TPCh. 3.4 - Prob. 12TPCh. 3.5 - Prob. 3.5AQCh. 3.5 - Prob. 3.5BQCh. 3.5 - Prob. 13TPCh. 3.5 - Prob. 14TPCh. 3.5 - Prob. 15TPCh. 3.5 - Prob. 16TPCh. 3.6 - Prob. 3.6AQCh. 3.6 - Prob. 17TPCh. 3.6 - Prob. 18TPCh. 3.6 - Prob. 19TPCh. 3 - Prob. 1CECh. 3 - Prob. 2CECh. 3 - Prob. 3CECh. 3 - Prob. 4CECh. 3 - Prob. 1CTCh. 3 - Prob. 2CTCh. 3 - Prob. 3CTCh. 3 - Prob. 4CTCh. 3 - Prob. 1DCSCh. 3 - Prob. 2DCSCh. 3 - Prob. 3DCSCh. 3 - Prob. 4DCSCh. 3 - Prob. 6DCSCh. 3 - Prob. 1VCCh. 3 - Prob. 2VCCh. 3 - Prob. 3VC
Knowledge Booster
Similar questions
- Choose two countries that are culturally diverse. Compare the cultures of those countries and discuss the ways in which cultural differences will affect the cost of doing business in each (country). Answer: Students answer vary depending on the countries they have chosen. 1. Identify the countries for comparison 2. Identify the cultural factors, two to five factors 3. Prepare a table. See example below. Countries E.g., Malaysia Religion Islam Hindu Buddha Christian Socialarrow_forwardUsing Dubai aa an example, do you believe that cultural similarities among people can outweigh cultural differences that exist in terms of doing business together in the future?arrow_forwardUsing appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal Environmentarrow_forward
- You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.Identify those aspects of Australia's history that will have an impact on your company’s international business plan.What is the stability of the Australian government, political attitudes toward international business in general, and attitudes specifically toward Canadian businesses.arrow_forwardStudying international business is important for all the following reasons except for ________. A) It explains why a government is motivated by profit. B) An understanding helps you decide what governmental policies to support. C) The best way of conducting business may differ by country. D) It helps managers to decide where to find resources and to sell. E) Modes of operations may differ from those used domestically. F) Most companies are either international or compete with international companies. G)An understanding helps you make better career decisions.arrow_forwardHow did gaining this new knowledge make you feel about International Business?arrow_forward
- You are a businessperson who speaks only English. Your company does business primarily in Colombia, Venezuela, Brazil, and Argentina. Which of the following is likely to be both feasible and beneficial to your ability to conduct international business? A) learning Polish, French, and Korean B) learning Arabic C) improving your command of English D) learning Spanish or Portuguese E) learn bits and pieces of French, Polish, Korean, Portuguese, and Chinesearrow_forwardA company, Golf Pros, would like to build a golf course that could be played year round. Which component of the international business environment would they need to consider? a. Geography b. Culture c. Politics d. Economyarrow_forwardHow does legal aspect affect international businesses? (Please answer it clearly so thay I can understand it well, thank you...)arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning