International Business – Essay Questions 1. Gini Coefficient: The gini index is a measure of statistical dispersion‚ a measure of the inequality of a distribution‚ 0 being total equality and a value of 1 maximal inequality. It is most commonly used in economics to assess the inequality of wealth or income‚ but is also used in other fields such as health‚ science‚ ecology‚ chemistry and engineering. Gini coefficients range from 0.23 (Sweden) to 0.70 (Namibia)‚ but not every country has been assessed
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International Business Ethical Practices CMGT/530 IT Organization Behavior Abstract In this paper I indentified the importance of international ethical business practices. With public scandals and corporate corruption‚ highlighting the need for ethical awareness and evaluation of behaviors carried out by the companies and its employees. Strategies such are code of conduct and training courses‚ are developed by internal and external organizations to bring ethical awareness to organizations
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Prepared for Mrs. Pupo-Apostolou 12 International Business Portfolio: Switzerland Doing Business with a Foreign Country By: Christina Weng‚ Andrew Shon‚ and Ian Jeung Table of Contents Introduction 3 A History of Canada and Switzerland’s Trade Relationships 3 A Snapshot of Switzerland 5 Brand Names in Switzerland 8 Competitive and Absolute Advantage of Switzerland 10 Working in Switzerland 17 International Agreements 20 Risk Assessment 23 Consumer Profile 24 Advertising
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Business Ethics and International Law Avis Robinson LAW415 December 7‚ 2010 Professor Cannon Business Ethics and International Law Business ethics is defined as the analysis of a variety of disputes that can come about with the business surroundings and how employees of the company deal with those disputes ethically (Investorwords.com‚ 2011). These ethics run every company in one way or another. Each person lives by ethical theories to make decisions. The government also has laws that help
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Negotiating International Business - Egypt This section is an excerpt from the book “Negotiating International Business - The Negotiator’s Reference Guide to 50 Countries Around the World” by Lothar Katz. It has been updated with inputs from readers and others‚ most recently in June 2008. Though the country’s culture is quite homogeneous‚ Egyptian businesspeople are usually experienced in interacting and doing business with visitors from other cultures. However‚ that does not always mean that
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THE ANTECEDENTS OF THE THEORIES OF INTERNATIONAL BUSINESS History and Background International business is a broad term‚ collectively used to describe all commercial transactions (private‚ government and semi-government) that take place between two or more nations. International business is a newly coined term‚ but the concept is quite traditional. Actually‚ the term international business is derived from “international trade”. In ancient days‚ producers of a country used to export their surplus
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CONSIDERING RISKS IN INTERNATIONAL BUSINESS Business by itself requires high awereness of risks‚ taking these risks‚ managing them and gain profits from them. The literature names this task as "entrepreneurship". Entrepreneurship is the practice of starting new organizations‚ particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking‚ as a majority of new businesses fail. Entrepreneurial activities are substantially different
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SBREL502A Build International Business Networks TASK 1. Assignment USE A COPY OF THIS FRONTPIECE WHENEVER YOU SUBMIT AN ASSESSMENT FOR THIS UNIT STUDENT USE:STUDENT NAME: ………………………………………….…………………………………………………………………DUE DATE: ……………………………………………………………………………………….…………………………….SUBMISSION DATE: ……………………………………………………………………………………………………….. | | OFFICE USE:ASSESSMENT: COMPETENT / NOT YET COMPETENTASSESSOR COMMENTS: …………………………………………………………………………………………………………………………………………………………………………………
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Marketing Plan terms of sale – conditions of a sale that stipulate the point at which all costs and risks are borne by the buyer INCOTERMS – universal trade terminology developed by the International Chamber of Commerce. 13 trade terms that describe the responsibilities of the buyer and seller in international trade. FOB (free on board) – pricing policy in which risks pass from seller to buyer at the factory door; U.S. Equivalent of ex-works. Means all costs and risks from that point on are borne
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9.0 Entry Strategy 9.1 Introduction Entry strategy is about the decision to enter which foreign market‚ when in what scale and regarding the choice of entry mode. In our case we have already decided to enter the UK market and offer our products to a selected niche initially. It is the case of entry mode we should address in this chapter. The various modes to enter foreign markets are vast. A few popular methods are‚ exporting‚ licensing or franchising to host country firms‚ establishing
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