1.. Identify the five cultural dimensions identified by Geert Hofstede and describe them indicating their importance in international business. 2.. Compare the advantages and disadvantages of various modes of entering foreign markets. 3.. Why do we have international strategic alliances? What are the forms and their respective advantages and disadvantages? ---------------- 4.. Consider a firm facing a make-or-buy decision‚ Provide 2 potential benefits and 2 risks that the firm may face from outsourcing
Premium European Union Gini coefficient
Chapter 07 Foreign Direct Investment True / False Questions 1. (p. 242) A firm becomes a multinational enterprise when it undertakes foreign direct investment. TRUE 2. (p. 242) Licensing involves the establishment of a new operation in a foreign country. FALSE 3. (p. 242) If a firm that makes bicycles in Germany acquires a French bicycle producer‚ Greenfield investment has taken place. FALSE 4. (p. 242) The amount of FDI undertaken over a given time period is known as the
Premium Investment Foreign direct investment Capitalism
Year 10 Revision guide A292 Business and People 1. Explain two reasons why businesses exist - use relevant examples to illustrate your answer. Businesses exist because without them many people would be unemployed because businesses supply many people with jobs‚ this is crucial because it gives money to the workers and enables the workers to pay for there family’s. Businesses exist because create products that are needed in daily life for example “Dell” creates laptops and desktops
Premium Tertiary sector of the economy Business Management
Study Question 1: What is organizing as a management function? Organizing is the process of arranging people and resources to work toward a common goal. Organizing decisions divide up the work that needs to be done‚ allocate people and resources to do it‚ and coordinate results to achieve productivity. Structure is the system of tasks‚ reporting relationships‚ and communication that links people and positions within an organization. Formal structure‚ such as shown on an organization chart
Premium Organizational structure Human resource management
therefore is constantly changing. But some people don’t like being bogged down in old ideas and always want new experiences and these people think that change is always a good thing‚ while some other people don’t like having old tried and true ideas tossed aside and forgotten and value traditions. These people prefer to spend their lives doing the same things and avoiding changes. Each individual have different points of view. People who dislike changes are afraid of challenges‚ dislike adapting to new concepts
Premium United Arab Emirates Change 2007 singles
Good Night Mister Tom Summaries 1. Meeting: William Beech‚ an evacuee from London‚ comes to live with Mr. Thomas Oakley in the countryside. 2. Little Weirwold: William explores some of Little Weirwold‚ a little village just outside the town of Weirwold‚ with Mr. Tom. 3. Saturday Morning: Mr. Tom went with Willie to Dr. little to inquire about Willie’s sickliness. When posting a postcard‚ Willie notices Zach. 4. Equipped: Mr. Tom and Will went out shopping in Weirwold. 5. Chamberlain Announces:
Premium Christmas carol Christmas High school
You Should Consider Doing If You Want Cremation Services If you want to be cremated instead of buried‚ there are certain steps you should take to insure that this happens. Although cremation is becoming more popular‚ many of your loved ones may assume you want to be buried‚ and some of your loved ones may be opposed to cremation on religious grounds‚ so they may not honor your request after you die. However‚ if you want to insure that you are cremated‚ you should consider doing the following things
Premium Cremation Death Burial
Case 1 question QUESTIONS: 1. In what ways are Hazel’s customers most likely to judge the quality of her lawn care services? 2. hazel is the operation manager of her business. Among her responsibilities are forecasting‚ inventory management‚ scheduling‚ quality assurance‚ and maintenance. a. What kinds of things would likely require forecasts? b. What inventory items does Hazel probably have? Name one inventory decision she has to make periodically. c. What scheduling must she do? What things
Premium Management Idea Grass
1. A Potential entrants are more likely to be deterred from actually entering an industry when A) incumbent firms have previously been aggressive in defending their market positions against entry. B) incumbent firms are complacent. C) buyers are not particularly price sensitive and the industry already contains a dozen or more rivals. D) the relative cost positions of incumbent firms are about the same‚ such that no one incumbent has a meaningful cost advantage. E) buyer switching
Premium Strategic management Barriers to entry Competition
Case Analysis – Oliver’s Market Overview: Oliver’s was founded in 1988 in Cotati‚ California by Steve Oliver Maass and his wife‚ Ruth Maass. Maass bought the then bankrupt Cotati Farmer’s Market for $200‚000. The place was in bad shape and they didn’t have much money to spend without any profits coming in. They painted it‚ deep cleaned it‚ and opened it for business. In 1990‚ Oliver’s added a deli. In 1991‚ they added an aisle of health foods. By 1994 they expanded the store with an additional
Premium Supermarket Grocery store Consultative selling