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

AES, an American energy firm, faced enormous obstacles in developing a successful economic operation…

Answered: It appears that AES underestimated the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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