Hill: International Business: Competing in the Global Marketplace‚ Sixth Edition V. The Strategy and Structure of International Business 14. Entry Strategy and Strategic Alliances © The McGraw−Hill Companies‚ 2007 229 14 Entry Strategy and Strategic Alliances Introduction Basic Entry Decisions Which Foreign Markets? Timing of Entry Scale of Entry and Strategic Commitments Summary Entry Modes Exporting Turnkey Projects Licensing Franchising Joint Ventures Wholly Owned Subsidiaries
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Chapter 1 -What is Scale? What is the difference between local and global scale? -What are the three methods of scale and describe them. 1.) 2.) 3.) -What is projection and what are the 4 types of distortion that can result from projection? What are the differences between the Mercator and Peter’s projections? -What does the saying “uniform global landscape” mean? -What does the idea the world is shrinking mean? (4 things) 1.) 2.) 3.) 4.) -What is a transnational corporation
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CHAPTER 1 AN OVERVIEW OF INTERNATIONAL BUSINESS Chapter Objectives 1. 2. 3. 4. 5. Discuss the meaning of international business Explain the importance of understanding international business Identify and describe the basic forms of international business activities Discuss the causes of globalization Comprehend the growing role of emerging markets in the global economy 1-2 What Is International Business? Business transactions between parties from more than one country
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International Business‚ 14e (Daniels et al.) Chapter 11 The Strategy of International Business 1) Which of the following statements about Zara is most likely FALSE? A) Zara puts fewer products on clearance racks than most of its competitors in the industry. B) Zara’s large advertising budget generates word-of-mouth and attracts new buyers. C) New products and designs are delivered to Zara stores every three to four weeks. D) Most of Zara’s products move through the firm’s distribution center
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Globalization and International Business The Concept of Globalization – putting everything into one village * The process of integration and convergence of economic‚ financial‚ cultural and political systems across the world. * Globalization – refers to the integration and interaction between different people and nations. * Globalization is the process of international integration arising from the interchange of world views‚ products‚ ideas and other aspects of culture. Globalization
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1 points Law that derives from English law and is the foundation of legislation in the United States‚ Canada‚ and England‚ among other nations‚ is often referred to as civil law. Answer Correct Answer: False • Question 3 1 out of 1 points A society in which there is government ownership of institutions but profits is not the ultimate goal is following the basic philosophy of individualism. Answer Correct Answer: False • Question 4 1
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Chapter 1: Globalisation Globalisation by Ooi Soon Beng Wild‚ J.J. & Wild‚ K.L.‚ (2012). International Business: The Challenges of Globalization (Global Edition)‚ 6th Edition‚ Pearson Education Limited‚ U.K 1. Describe the process of globalization and how it affects markets and production. 2. Identify the two forces causing globalization to increase. 3. Summarize the evidence for each main argument in the globalization debate. 4. Identify the types of companies that participate
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College Chapter 5 Question No 1: Describe the four basic 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
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Test 3: Chapter 5 and 6 - Attempt 1 ------------------------------------------------- Top of Form Question 1 Marks: --/1 Parochialism is ________. Choose one answer. | a. recognition of diverse religious beliefs | | | b. a desire to leave one ’s own culture for a foreign culture | | | c. a tendency to view the world through a single perspective | | | d. acceptance of diverse points of view | | Question 2 Marks: --/1 ________ is a national culture attribute that places
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laws automatically followed by the Philippines? Explain. (200 words) As stated in Art II‚ Sec. 2 of the 1987 Philippine Constitution “The Philippines renounces war as an instrument of national policy‚ adopts the generally accepted principles of international law as part of the law of the land and adheres to the policy of peace‚ equality‚ justice‚ freedom‚ cooperation‚ and amity with all nations.” a war that is renounced is an aggressive and defensive war. It rejects war in its foreign policies except
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