Is globalization a real catalyst for enhancing international business? It is said that relevance of globalization and regionalism in the current situation is dying down. More specifically, concerned has been raised from different walks of life about Nepal’s inability of reaping benefits of joining SAFTA, BIMSTEC and WTO.
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Is globalization a real catalyst for enhancing international business? It is said that relevance of globalization and regionalism in the current situation is dying down. More specifically, concerned has been raised from different walks of life about Nepal’s inability of reaping benefits of joining SAFTA, BIMSTEC and WTO.
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- . What is globalization? What modes of international business are used by firms that want to globalize? Briefly describe each method. 1. What is the difference between a monochronic and a polychronic culture? How do such cultural differences affect business practices for international firms? 2. What is gross national income? How is it calculated? Illustrate your answer with a specific example. 1. What are the disadvantages of import restrictions in regard to creating domestic employment opportunities? 2. What is value chain configuration? Briefly list and discuss the factors that influence value chain configuration. 1. What is the relationship between a company's international market and its production location decisions? How do firms benefit from the use of scanning techniques when making location decisions? 2. Explain how franchising agreements differ from licensing agreements. 1. Compare push and pull promotional strategies in the context of international business.…Which of the folowing is not true concerning globalization and its consequences? O a. Globalization refers only to the economic globalization b. Globalization is a process that promotes worldwide exchanges of national and cultural resources C. The world markets have become increasingly integrated d. Marketing and branding have developed on the global scale e. Cities have become hubs of this global network Seçimimi temizlea)fast internationalization strategy for Better Generation has some associated risks. What are these risks? b) Better Generation requires some resources for a fast internationalization strategy. How can Better Generation build these resources? c) How should Better Generation develop its international strategy in terms of countries chosen and entry modes?
- How does Haier’s internationalization strategy differ from the pattern of international development typical of Western enterprises?Boseman is also considering making the entry into the international market by engaging in foreign direct investments in the nations. Which one of the following is not a true statement regarding foreign direct investment from the host country’s perspective? a.Significant financial inflows always result from engaging in foreign direct investment. b.Foreign direct investment can create new jobs and can generate tax revenues for governments c.A concern of the local governments in host countries is the lack of corporate social responsibility d.There is the potential for exploitation of human labor within certain countries e.These investments may take the form of plants, buildings, or inventoriesIn an integrated world financial market, a financial crisis in a country can be quickly transmitted to other countries, causing a global crisis. What kind of measures would you propose prevent the recurrence of an Asia-type crisis? O a. There should be a multinational safety net to safeguard the world financial system from the Asia-type crisis. O b. International institutions like the International Monetary Fund (IMF) and the Worid Bank should monitor problematic countries more closely and provide timely advice to those countries. Oc. Countries should be required to fully disclose economic and financial information so that devaluation surprises can be prevented. O d. All above.
- 1. Should international companies invest in countries with totalitarian regimes? Why?One major risk of engaging in global trade is that as national economies continue to integrate, an economic meltdown in one part of the world can have far-reaching impact. True FalseThe complexity posed by differences in the cultural, political, legal, and economic environments creates a so-called “liability of foreignness.” This idea holds that foreign companies, because of their poorer familiarity with local conditions, incur additional costs. In theory, the liability of foreignness makes IB activity too expensive. In practice, companies offset this liability by capitalizing on their unique advantages as well as selecting the mode of international business that best reflects their resource profile and risk tolerance--Always in the effort toward minimizing the intrinsic higher costs of international operations. The higher costs of international operations, executives point out, are driven by things as varied as the cost of legally establishing businesses, real estate costs, customs duties, and translation costs. Managing these costs is complicated by the report that _53_______%___ of global CEOs are concerned about the impact of __bribery and…
- Which of the following best represents the primary economic and financial benefit to the U.S. from NAFTA? It led to increased tariffs on U.S. exports to Canada and Mexico. U.S. consumers had access to a wider variety of products. It resulted in the relocation of major U.S. corporations to Europe. The U.S. benefited from low-price manufacturing, low-priced labor, and reduced shipping and logistics costs.Shipping channels can significantly impact global economic integration, export service, and world seaborne trade and help less economically developed regions stimulate foreign trade. True FalseWhat did the IMF require in exchange for providing funds to heavily indebted customers in the 1980s and 1990s? deregulation of markets, reorganized finances, and export-driven growth O reforms to make their political systems more democratic O increased central economic planning, to insure stability. provision of national troops for international peacekeeping missions