RMIT International University Vietnam Bachelor of Commerce Program Assignment Cover Page | Subject Code: |BUSM3311 | | | | |Subject Name: |International Business |
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globalization of markets The correct answer is d. Firms that are involved in international business tend to be a) large b) small c) medium-sized d) large‚ small‚ and medium-sized The correct answer is d. Which is not a factor of production? a) trade b) land c) capital d) energy The correct answer is a. The sourcing of good and services from around the world to take advantage of national differences in the cost and quality of factors of production is called a) economies of scale b) the globalization of production
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meet high health and safety standards for workers‚ respect human rights‚ protect the interests of consumers and meet environmental standards. This concern had been repeatedly expressed in a series of international summits right from the sixties. Between 1968 and 1972‚ two international conferences met to assess the problems of the global environment and to suggest corrective action. For the first time the World Conference on global environment was held in June‚ 1972 and it was considered
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Briefly discuss the three types of staffing policies in international business. Discuss the staffing policies adopted by MNCs (Multi-National Company) operating in Singapore. Which is the most attractive approach and why? The 3 types of staffing policies are ethnocentric‚ polycentric‚ and geocentric. Ethnocentric approach fills key management position with parent-country nationals. Advantage: * Overcome the lack of qualified manager in host country * Unify corporate culture. * Transfer
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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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levels of international business activity.Do you think any organization will achieve the fourth level?Why or why not. Question No 2: For each of the four globalization strategies‚ describe the risks associated with that strategy and the potential returns from that strategy. __________________________________ Answer for question No 1: The four general levels of international business activity are: 1. Domestic business 2. International business 3. Multinational business 4. Global business
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- M/S Auto India‚ Pune‚ India Beneficiary - M/S General Motors‚ Detroit‚ USA. Issuing Bank - Global Bank‚ Pune‚ India Advising Bank - The American Bank‚ New York Negotiating Bank - The American Bank‚ New York Reimbursing Bank - International Bank‚ New York Availability - Negotiable at sight Expiry - At the counters of The American Bank‚ New York Amount - USD 100‚000 Merchandise - Car engine parts Quantity and price - 50 units @ USD 2000 per unit Circumstances Issuing Bank Global Bank
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Garuda Education Academy KI DLY REMOVE PRI TOUT FOR HOW MA Y EVER SUBJECTS YOU ARE APPEARI G(IMPORTA T) I FO TO BE FILLED BY STUDE TS FOR ALL SUBJECTS:- STUDE T AME E ROLLME T O. PROGRAM AME SUBJECT AME SUBMISSIO DATE Points to be noted:If you do not send this along with your exams papers your answer paper will not be corrected. There is no minimum no. of words for any answer. If you answer the question correctly in less no. of words you will still get full marks. The maximum no. of words for any
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A Spanish software company wants to do business to Brazil (Sao Paolo) and Denmark. However‚ to achieve its objectives‚ the company must take in consideration socio-cultural factors in both countries. *** Brazil is the largest country in South America by its area and by its population. The Brazilian people have three main ethnic origins. There are the Indians who are from Brazil. Then‚ Europeans‚ mostly of Portuguese origin‚ and Africans people came during the period of colonization. Most recently
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Founded by Business Leaders for future Business Leaders Advanced Diploma in Business Administration ERCBA 209 International Trade and Management Study Guide Lecture Notes Lecturer Mr. JUDE NESA RAJAH / Mr. BALA SUBRAMANIAM N 1 Content 1. Introduction Page 3 2. Lecturer Page 4 3. Programme Management Page 4 4. Teaching and Learning Arrangements Page 5 5. Assessment Framework Page 5 6. Grading System Page 6 7. Quality Assurance
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