1. Objective The Objective of this assignment is to distinguish the importance of political and economic risks in International Business faced by Malaysian Manufacturing firm which exporting to an ASEAN country. I had chosen Hard disk drive manufacturing firm in this study and the ASEAN country for us to export is Thailand. 2. Introduction of ASEAN country ASEAN(Association of Southeast Asian Nations)‚ was established on 8 August 1967 in Bangkok‚ Thailand‚ with the signing of the ASEAN
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International Business Essay Exam #2 In what kind of industries does a localization strategy make sense? When does a global standardization strategy make most sense? The industry that localization strategy would make sense would be the automotive industry‚ manufacturing factories‚ and I want to stay the big chain grocery stores. By these firms customizing the products they offer to local demand‚ the firm increases the value of that product in the local market. But on the downside‚ it involves
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Clifton Alston International Business Japanese Malaise Case July 21‚ 2013 1. The Japanese has stagnated due to Japanese banks‚ which had financed much of the boom in asset prices with easy money‚ now found their balance sheets loaded with bad debt‚ and they sharply contracted lending and deflation. The Nikkei average plunged from nearly 39‚000 points in December 1989 to about 14‚300 points in August 1992‚ thereby losing about 60% of its value. As a result‚ investors lost the equivalent
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Diebold For much of its 144 year history‚ Diebold Inc. did not worry much about international business. As a premier name is bank vaults and then automated teller machines (ATMs)‚ the Ohio based company found that had its hand full focusing on U.S. financial institutions. The company first started to sell ATM machines in foreign markets in the 1980s.Wary of going it alone‚ Diebold forged a distribution arrangement with the Dutch multinational electronics company Phillips N.V.Under
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million and majority speaks Spanish. Out of the 13 South American countries; we have chosen Chile after evaluation of the PESTE model. It has a high efficiency government due to its low corruption rate. That not only facilitated the setting up of business in Chile but also resulted in a relatively stable political environment as compared to its neighboring countries. Chile has comparably strong foreign relations with its neighboring countries and that contributed to the peace in Chile. Chile is one
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Ethical Systems: Which is Best? PHI 200 Mind and Machine Instructor Lisa Linkin February 4‚ 2013 * Ethical Systems: Which is Best? Good‚ bad‚ right‚ wrong…how do we know? Ethics is the study of how we determine what is right or wrong‚ good or bad (Mosser‚ 2010). While there are many ethical views‚ I focused on the three classical approaches for this paper. Utilitarianism states when given a choice between two acts‚ the one that creates the greater happiness for the greatest number of people
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All rights reserved. Keywords: Green mobility; Fuel efficiency; Alternative fuels; Global climate change; Air pollution 1. Introduction Provision of environmentally sustainable (or green) private transport throughout the world faces two main challenges. The first is urban and even regional air pollution‚ particularly in the rapidly growing cities of the industrialising world [1]. The second is global climate change‚ caused mainly by rising concentrations of greenhouse gases (GHGs) in the atmosphere
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EXAM 1 REVIEW About an hour and a half long. * On chapters 1-6 * 10 questions (short response) * 6 or 7 sentences each (you can bullet some of them) * Focus on main concepts of chapters * Know what Externalization is (pg. 233-234) * People maintain the view that corporations have responsibilities that go beyond making money because of their great social and economic power. Business is governed by an implicit social contract that requires it to operate in ways that
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1.) What are the challenges regarding corporate social responsibility that companies in the apparel industry face in the supply chains around the world? Some of the challenges that companies of supply chains faced are horrible. They are the following. According to the case study‚ there have been cases reported abusive treatments in more than a quarter of its South Asian plants. Another report is that 25%-50% of factories in the region restrict access to toilets and drinking water during the
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EXAMINATION QUESTIONS 1. Summarize the globalization debate. What are the major interest groups in the world economy? How are they affected by different elements of globalization? 2. Who benefits and who loses from a shift in jobs to low-wage economies? Consider this question from the perspective of consumers‚ labour‚ technological change‚ firms‚ nation-states. Are the net benefits likely to be positive? 3. Identify and evaluate the sources of conflict between pressures on companies
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