Narcos Inc. is worried that about exchange rate. Which component of the international business environment would they need to consider? O a. Logistics O b. Economy O c. Culture O d. Infrastructure A
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- “In a period of recession, it’s not enough to merely aim to hold on to your existing clients. Breaking into new markets is equally important”. Describe entry strategies that organisations may use to enter foreign markets. In your answer include any two advantages and two disadvantages of each entry mode identifiedMARKET INTEGRATIONEconomic systems vary from one society to another. But in any given economy, production typically splits into three (3) sectors. This economic system is more complicated, orat least, more sophisticated than the way things used to be for much of human history. This will show the contributions of different financial and economic institutions thatfacilitated the growth of the global economy. THREE SECTORS OF PRODUCTION 1. Primary Sector: It extracts raw materials from the natural environments. Workers, like farmers or miners, fit well in the job description within the primary sector. 2. Secondary Sector It gains raw materials and transforms them into manufactured goods. Someonefrom the primary sector extracts oil from the earth, then, someone from the secondarysector refines the petroleum to gasoline. 3. Tertiary Sector It involves services rather than goods. It offers services by doing things ratherthan making things. INTERNATIONAL FINANCIAL INSTITUTIONSWorld economies…How does the development of the world trading system changed over a period of several centuries? Just a really brief explanation please, like just a paragraph. Thank you.
- 2. An economic system is a system of production, resource allocation and distribution of goods and services within a society. These include market capitalism, centrally planned capitalism, market socialism and centrally planned socialism. Discuss the followings: a) Explain the four concepts listed above b) Why this economic system information is important to be studied before a company entered a foreign market? ( Marks) List and discuss the top 20 country economic freedom rankings in 2020. What position is Malaysia ranked at?Please help with a discussion on question #2. The base country is Nevis and the countries trading to is Australia, Columbia and Germany. Explain why would it be more profitable to trade in USD rather than XCD and how can the MNC benifit from the trading countries currencies. Use an echange rate table or chart to help strenghten your point 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, is the exportation of a product soldthrough a distributor2. 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…Answer these questions from the video link https://youtu.be/6G0Zgthvhlg 1/Why there is a need for organizations like Opportunity International ? 2/How does the free market work? What are the advantages and disadvantages of free markets ? 3/ Make a comparison of the key economic systems.
- when our nation enjoys economic growth, what usually happens to domestic economic problems? a. they are not affected b. they are solved completely c. they are made worse d. they are more easily resolved4.3 What information would you access in order to describe the range of products or services being marketed and traded internationally by a brick and mortar organisation and an eCommerce store? Why, would you need this information when reporting on finances related to international business?Select any ONE organisation with which you are familiar or can research from publiclyavailable sources.Drawing upon appropriate sources of information, critically evaluate how increasingcompetitive and broader economic pressures created by the growth of the E7Emerging Economic Powers* impact upon its strategic business decision-making andoperations and assess the effectiveness of its current response.*(N.B: The E7 Emerging Economic Powers are – China, India, Brazil, Mexico, Russia,Indonesia and Turkey.) Please note the following instructions for the assignment: You will need to undertake some secondary research andto develop the evidence base to support your conclusions. Evaluate and provide a critical review of theevidence - i.e., to assess the value and reliability of different sources before drawingtheir conclusions. You may select any country or organisation upon which to base yourresearch, but you are strongly recommended to select an organisation that you haveworked for or one…
- Does the U.S. have a trade deficit or surplus? (Research this separately) What are the arguments for protectionism or free trade? How is this affecting (expected to affect) the economy (consumers, business dealings, prices, tariff income generated, etc.) Read Ezekiel 28:18, and Proverbs 31:18. How does trade played an important role in biblical times.2.Political risk is among the most important factors facing international investors. In many emerging and frontier markets, the political situation is affected by more than influences within the country being considered. Conflicts in the Middle East, Chinese debt problems, American policies and disputes over resources around the globe directly affect international investment opportunities. A common example of political risk is countries that are in political upheaval. Many countries are experiencing changes in social attitudes and perspectives as of late, causing unrest, changes in politics and political movements that are disrupting economies. Hence, as a wise marketing manager, what are the strategies would you consider minimizing political risk from your international business operation in any foreign country? Describe any FIVE (5) strategies with an appropriate justification.If you were starting a new export business venture to sell cosmetics to distributors in the United kindow, What source could you use to finance $1 million in startup capital? a)The export working capital Program b)Borrrow money directly from U.S Small Business Administration c) The overseas Private Investment corporation d) all the above