Chapter 01 Globalization and International Linkages 1. To qualify as a multinational corporation‚ a firm must meet all of the following criteria except: A. Operations in more than one country B. International sales C. A nationality mix of managers and owners D. Sales of at least one million dollars per year 2. Antiglobalization activists: A. Contend that even within the developing world‚ it is protectionist policies‚ not trade and investment liberalization‚ that result in environmental
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Nike: The Sweatshop Debate Nike is a Global Force and leading force for globalization in the world. Nike outsources its manufacturing and employs over 600 thousand workers throughout the world in over 600 factories. Nike has 20 billion in revenues each year and its brand has become one of the most recognized symbols in the world today. Nike focuses on marketing and design and employs such star athletes as Michael Jordan‚ Tiger Woods‚ Carmelo Anthony and Kobe Bryant to market its products. Nike
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2.0 Tasks Task 1-a What is globalization? What are its benefits? How does globalization help in international business? Give some instances. Globalization is the process of international integration arising from the interchange of world views‚ products‚ ideas‚ and other aspects of culture. Put in simple terms‚ globalization refers to processes that advance world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications infrastructure‚ including the rise
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host country. He attributed part of his success in cross-cultural adaptation to his background‚ as he had had been exposed to an essentially British system of education in India. After many years of experience in his field in the UK‚ he decided he was ready to venture further abroad and seek work opportunities in an accounting company in another country. With the increased globalisation of business‚ accountants with significant international experience tend to be highly valued and can often command
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in form of letters‚ reports or memos wherever oral communication is not feasible. Thus‚ we can say that “effective communication is a building block of successful organizations”. 2. Barriers to Communication There are several barriers that affect the flow of communication in an organization. These barriers interrupt the flow of communication from the sender to the receiver‚ thus making
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OUTLINE 1. Introduction a. Women in business b. Personal interest in subject c. Women in the world 2. History of Women in US a. Women ’s rights b. Women ’s rise c. Women today 3. History of Women in the World a. Women ’s firsts b. Places where women are currently oppressed c. Other women ’s movements outside of US 4. Women in business a. Europe b. Asia c. Latin America/Caribbean d. Africa/Middle East 5. Cultural Sensitivity a. US Corporations in other nations
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Case Discussion Questions 1. A green field development can be a best way to reduce labor costs. Intel could employ well- educated‚ reliable workers inexpensively in Costa Rica through the development of green field. 2. The international site selection team is important for Intel because they should identify and collect the technical‚ economic‚ and environmental protection criteria‚ develop an evaluation plan‚ evaluate proposed sites‚ identify alternatives that meet the purpose and need for
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THE IMPACT OF INTERNATIONAL BUSINESS ON THE GLOBAL ECONOMY Niki Geiersbach Abstract With the dawn of globalization‚ international business is becoming increasingly popular. Multinational organizations are among the most profitable in the world. A company needs to be aware of the language and culture of the country where it plans to embark with its investment. Politics and laws of the nation can either make international business easy or hard. With the success of international business‚ its future
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FINS3616 International Business Finance - Week 4 A. Conceptual questions 1. What is a forward exchange rate? 2. If the yen is selling at a premium relative to the euro in the forward market‚ is the forward price of EUR per JPY larger or smaller than the spot price of EUR per JPY? 3. If you are a U.S. firm and owe someone ¥10‚000‚000 in 180 days‚ what is your transaction exchange risk? 4. If the spot exchange rate of the yen relative to the dollar is ¥105.75‚ and the
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________. a. globalization b. Offshoring c. international business d. outsourcing 2. The term globalization is sometimes used to mean the ________. a. movement of jobs to low-wage countries b. business being undertaken outside the confines of any nation c. Uneven distribution of resources and their influence on different products and services in different parts of the world d. Integration of world economies through the reduction of barriers to the movement of trade‚ capital‚ technology
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