IBUS/MARK 462 SECOND EXAM – WINTER 2013 STUDY QUESTIONS A. Definitions –four will be chosen for the exam Transaction exposure: The extent to which income from individual transactions is affected by fluctuations in foreign exchange values. Balance-of-trade equilibrium: Reached when the income a nation’s residents earn from exports equals money paid for imports. Spot exchange rate: The exchange rate at which a foreign exchange dealer will convert one currency into another that particular
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Chapter 3 #2 - When is a company’s competitive advantage most likely to endure over time? A company’s competitive advantage is most likely to endure over time when the company has built barriers to imitation‚ which make it difficult for a competitor to copy the company’s distinctive competencies. Another element needed is the ability to quickly react to changes in the customer’s needs and have a high absorptive capacity in order to identify‚ value‚ assimilate‚ and use new knowledge. Lastly‚ the
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International Business Strategy FALL 2010 Course Outline 1. motivation and description of the course Companies today confront an increasing array of choices regarding markets‚ locations for key activities‚ outsourcing and ownership modes‚ and organization and processes for managing across international borders. This course focuses on the international dimensions of strategy and organization‚ and provides a framework for formulating strategies in an increasingly complex world. The goal
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A global business strategy can be described as the strategies that a business has when they are serving customers around the world or operating in a global business environment (EconomyWatch‚ 2010). Global business strategies are closely related to the long and short term goals of an organization. Generally‚ short term goals deal with improving the day to day operations of the business. The long term goals on the other hand‚ deal with increasing profits and sales to strengthen the organization
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31 Global ownership (Completely Global) 31 Combining export potential with current socio-economic impact 32 Foreign direct investment‚ net inflows (BoP‚ current US$) 33 Threat 35 Factor Market Prices 35 Wage Rates 36 Unstable labor force 37 Changing government policies 38 Industrial estates 39 Trade Routes 40 Low Productivity 40 Weak Human Resources 41 To sum up: SWOT Analysis 42 Introduction Aftermath of World War II triggered new enlightenment in international sphere
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Global Business and Ethics By AL 367 Global Dimensions in Business September 14‚ 2011 Professor John Dorsey Introduction This term paper discuss “Global Business and Ethics” that relates to the material covered in the text. Globalization is important to a company because it provides them with the opportunity to reach a much larger consumer base and to generate greater earnings. In order to globalize successfully‚ companies conduct research continually about the countries
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READING 1 THE POLITICAL AND LEGAL ENVIRONMENTS FACING BUSINESS I. INTRODUCTION For a multinational enterprise to succeed in countries with different political and legal environments‚ its management must carefully analyze the fit between its corporate policies and the political and legal conditions of each particular nation in which it operates. Then its must determine how these factors affect the ways in which the firm can capture opportunities and deflect threats. II. THE POLITICAL
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attitudes that oppose capitalism. Anti-capitalists‚ in the strict sense of the word‚ are those who wish to completely replace capitalism with another system. Contents [hide] * 1 Conservatism and traditionalism * 2 Ecofeminism * 3 Fascism * 4 Participatory economics and inclusive democracy * 5 Religion * 6 Socialism * 6.1 Anarchism * 6.2 Communism * 7 Anti-globalization movement * 8 See also * 9 References * 10 Further reading * 11 External links | Conservatism and
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2O12 International Business Course Information 1 International Business (INTB) Undergraduate and Postgraduate Handbook 2012 2 CONTENTS Welcome to International Business Undergraduate Options – International Business Starting the BCom (International Business) in 2012 Group A Papers: 252 points of commerce papers Group B Papers: 108 points of language and/or cultural papers Minor Option or Diploma in Language and Culture For students who started the BCom before 2010 FAQ for all
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Ethics in International Business Abstract International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since‚ there is this dilemma that has progressively troubled the large multinational corporations‚ international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions
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