Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 3.7, Problem 3CC
How can economic conditions affect trade opportunities?
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Chapter 3 Solutions
Introduction to Business
Ch. 3.1 - What is global vision, and why is it important?Ch. 3.1 - What impact does international trade have on the...Ch. 3.1 - Explain the impact of a currency devaluation.Ch. 3.2 - Describe the policy of free trade and its...Ch. 3.2 - Why do people fear globalization?Ch. 3.2 - What are the benefits of globalization?Ch. 3.3 - Discuss the concept of natural trade barriers.Ch. 3.3 - Describe several tariff and nontariff barriers to...Ch. 3.4 - Describe the purpose and role of the WTO.Ch. 3.4 - What are the roles of the World Bank and the IMF...
Ch. 3.5 - Explain the pros and cons of NAFTA.Ch. 3.5 - What is the European Union? Will it ever be a...Ch. 3.6 - Discuss several ways that a company can enter...Ch. 3.6 - Explain the concept of countertrade.Ch. 3.7 - Explain how political factors can affect...Ch. 3.7 - Describe several cultural factors that a company...Ch. 3.7 - How can economic conditions affect trade...Ch. 3.8 - What is a multinational corporation?Ch. 3.8 - What are the advantages of multinationals?Ch. 3.9 - What trends will foster continued growth in world...Ch. 3.9 - Describe some of the ways businesses can take...Ch. 3 - The executives of a clothing manufacturer want to...Ch. 3 - Do you think that MTV's future lies mostly in its...Ch. 3 - What types of political, economic, and competitive...Ch. 3 - How has MTV Networks International overcome...
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- Business Analytics for Gaming FirmPenn National Gaming, through its subsidiaries, owns and operates more than 25 horseracing and casino gaming facilities throughout the United States and in Canada. It is the operator of the popular Hollywood Casinos around the country plus the M Resort Spa Casino and Tropicana Las Vegas. In aggregate, its operations include some 33,000 gaming machines, 800 table games, 4,500 hotel rooms, and 10 million square feet of property. 26 Millions of patrons visit Penn National Gaming facilities each year. The firm is considering developing a large database to capture the data generated at each property. This will be augmented with data about each patron—their demographics, purchases, gambling preferences and habits, and the services they request as a guest. The data will be used by the firm’s management to make quick, well-informed decisions to maximize Penn National Gaming’s income while packing more entertainment value into each patron’s visit. The data will…arrow_forward4 POINTSarrow_forwardWhole percentarrow_forward
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