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Tourism refers to the movement of individuals for entertainment, business, or professional purposes…

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Social Psychology (10th Edition)

10th Edition

ISBN:9780134641287

Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers

Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers

Chapter1: Introducing Social Psychology

Section: Chapter Questions

Problem 1RQ1

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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.
assume your steel manufacturing company is considering establishing an export department. Based on this week’s learning, consider all your options, explain what factors influence your decision, and how you will determine which type department to establish. Share what your final determination is, and include information from an outside source to justify your rationale.
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4. Dunning’s OLI ‘eclectic paradigm’ of international production stands for Ownership, Locational and Internalisation advantages. Which of the following is/are ownership advantage(s)? (i) The existence of low wages in a host country (ii) A high level of industrial disputes in a host country (iii) The high search costs involved in finding the right distribution agent in a host country (iv) A highly adept and skilled managerial team a) B. (i), (iii) and (iv) b) (iv) only c) (iii) and (iv) d) (i), (ii), (iii)
9. The "Eclectic Paradigm" by John Dunning identifies three categories of gains from international production, which of the following is not one of these categories? a) Ownership-specific assets b) International effects c) Internalisation advantages d) Location advantages

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Tourism is a O a. Regional O b. Global Oc. National с. O d. Local phenomenon.