Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 2CE
Summary Introduction
To determine: The task performed, skills needed, pay and opportunity outlook of the career.
Introduction:
Translator is a person whose job is to translate one language into other languages.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Studying 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.
How did gaining this new knowledge make you feel about International Business?
There are many modes of entry for international business.Discuss the advantages and disadvantages of each of these.If you are a small food and beverage company and plan to enter a country with high business risk,which mode of entry would you recommend.
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
- What are the advantages and disadvantages of Exporting, Investing, Joint Ventures, Franchising, and Strategic Alliance in international business or foreign markets? Less than 100 words only please.arrow_forwardThere are many Modes of entry for international Business. Discuss the advantage and disadvantages of each of these. if you are small food and beverages company and plan to enter a country with high business risks, which mode of entry would you reccomend?arrow_forwardWhat is the first things companies do in international business?arrow_forward
- China and India have been the world's fastest-growing economies in recent years, and Brazil is becoming a major force in international commerce. Write a short essay that summarizes how these three countries are changing the landscape of international business, and describe the arena in which each excels. Then choose some type of business that you would like to be involved in, and describe how and why you, as a manager in that business, would choose to work with other organizations in one of these three countries.arrow_forwardWhen considering entering international markets, there are some significant strategic and tactical decisions to be made. Each entry mode has different pros and cons, addressing issues like cost, control, speed to market, legal barriers, and cultural barriers with different degrees of efficiency. In this perspective, discuss any two methods of doing business internationally. You are also required to briefly discuss advantages and disadvantages. Use real life examples to support your answer.arrow_forwardIn a short essay, discuss the theory of mercantilism, and discuss favorable and unfavorable balances of trade as they apply to international business. Do you think the notion explained by mercantilism theory still exist today? Explainarrow_forward
- The study of International business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms. Evaluate this statement.arrow_forwardWhat are some of the forces driving globalization and international business? What are some of the challenges of engaging in international business compared to doing business in your home country?arrow_forwardThe commonly used modes of entry for internationalization include exporting, licensing, acquisition, strategic alliance, and new wholly-owned subsidiaries. What are the advantages and disadvantages of each entry mode?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
