International Business Lecture Notes Collin Starkweather1 September 2012 1 Copyright c Collin Starkweather 2012. All rights reserved. 2 Contents 1 International Business Culture and Practices 1.1 Values . . . . . . . . . . . . . . . . . . . . 1.2 The Determinants of Culture . . . . . . . . 1.2.1 Hofstede’s Cultural Dimensions . . . 1.2.2 Trompenaars’s Cultural Dimensions 1.2.3 Country Clusters . . . . . . . . . . . 1.3 Social Stratification . . . . . . . . . . . . . 1.4 Cultural
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9/10/2014 1 CORRECT Multiple Choice Quiz Gilgamesh was A) a king of the city-state of Uruk. B) the hero in a popular Mesopotamian epic. C) a warrior in conflict with the city of Kish. D) the legendary loyal friend of Enkidu. E) All these answers are correct. 2 CORRECT Which of the following is NOT true of the land called Mesopotamia? A) It lies between the Tigris and Euphrates rivers. B) It is a land of abundant rainfall and fertile plains. C) It is located in modern-day Iraq. D) It was the
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Introduction A multinational company is a corporation business enterprise with manufacturing‚ sales‚ or service subsidiaries in one or more foreign countries. Multinational companies reflect the strengths and weaknesses of their own country‚ so that sometimes government authorities spend public money supporting local industries or individual companies. It brings both opportunities and pitfalls for national firms in engaging their governments on their behalf. It is the WTO’s job to prevent downsides
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The International capital market as attributed to the existence of offshore markets‚ the creation of this forced countries to liberalize their domestic markets creating greater internationalizing of capital. Due to the wide spread of globalization which has contributed to sophisticated communications systems people all over the world can conduct business from wherever they are (this includes major world financial centers‚ foreign exchange ‚stocks and bonds). International capital markets perform
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Course Overview i. i COURSE OVERVIEW Introduction International Business is one of the courses offered by the School of Management‚ Asia e University (AeU). Similar to other courses offered by the School of Management‚ this 3 credit hour course will be conducted over 15 weeks and is usually offered twice yearly in February and September semesters. Course Audience This is a core course for all students undergoing Bachelor of Management (Hons). Thus‚ students should be able to
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INTRODUCTION OF INTERNATIONAL BUSINESS International business deals with business activities which is both production and services that cross the national boundaries. This activity includes movement of goods‚ services capital or personnel‚ transfer of technology‚ etc. Functionally‚ by business we mean those human activities‚ which involve production or purchase of goods and services with the object of selling them at a profit. Today’s world is an era of Global Village or specialization. A particular
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COMPILED International Business BY: VISHAL KADAM Q) What is International Business? What are its importance? Q) Distinguish between International & Domestic Trade? Distinction between internal and international trade Distinction between internal and international trade in general involves transaction for mutual benefit For this reason both the trading parties will have equal interest. Trade is a case of geographic specific area. An area specialises in an activity and trade takes place
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to enter those markets o On what scale Which Foreign Markets? • the choice must be based on an assessment of a nation’s long-run profit potential o potential is a function of several factors • the attractiveness of a country as a potential market for an internal business depends on balancing the benefits‚ costs‚ and risks associated with doing business in that country • the costs and risks associated with doing business in a foreign country are typically lower in the economically advanced
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Introduction International business in terms of multinational enterprises is whereby companies have operations in more than one country. These companies are called Multinational cooperation and they expand overseas through joint ventures‚ foreign acquisition‚ licensing agreement‚ Greenfield investment and export (Ghoshal & Nohria‚ 2003). Strategies such as International strategy‚ Transnational strategy‚ Global strategy and Multidomestic strategy are used by multinational cooperation to enter
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[pic] COLLEGE OF LAW‚ GOVERNMENT & INTERNATIONAL STUDIES UNIVERSITI UTARA MALAYSIA |No. |Information on Course | | |Course Name : INTERNATIONAL BUSINESS | | |Course Code: GFMA 2023
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