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Global Business Today 10th edition Charles W. L. Hill Dr, G. Tomas M. Hult - Solutions
How has Dalian Wanda Group established itself in its home market of China? In other words, what is the company best known for?
Why has Dalian Wanda Group expanded internationally at such a fast rate? How do the acquisitions made fit into the company's strategy overall?
Consider the trade war that initiated the protests led by Bove. The EU instituted restrictions on the import of hormone treated beef because it was feared that the product might lead to health problems. The WTO stated that the restrictions were prohibited under WTO agreements and ordered the EU to
Why was McDonald's chosen as the target for anti-globalization protests? How can companies like McDonald's protect themselves from the actions of protesters like Bove?
What are the benefits to American providers of outsourcing certain well-defined tasks such as interpreting an MRI scan to foreign providers based in countries such as India? What are the costs?
Who are the primary beneficiaries of the growth of medical tourism? Who might lose from this trend?
What are the practical limits to outsourcing health care provision to other countries?
Reread the Management Focus feature: Did Walmart Violate the Foreign Corrupt Practices Act? What is your opinion? If you think it did, what do you think the consequences will be for Walmart?
Evaluate the relative success of economic liberalization efforts in Vietnam. How have these actions improved life for everyday citizens in the country? What prospects may allow Vietnam to continue on its path of economic development?
How has Vietnam balanced the economic reforms with the social and cultural changes that result from such actions? What are some of the challenges that the country's leaders will face if it continues as a more market-based economy?
Discuss the implications of corruption on the development and growth of a country. How can Russia's current political system best be described? What conclusions can you draw regarding Russia's economic prospects?
Discuss the pros and cons of investing in Russia. As a CEO of a company in the oil industry would you invest in Russia? How does a stable government affect a country's ability to attract investment?
What does the FCPA prohibit U.S. business leaders from doing in other countries?
What is the nature of the mensalao scandal? How extensive was it? What was the reaction in Brazil to its occurrence?
What was the extent of the Petro bras scandal? Who did it impact? What made this case such a problem for Brazil?
Discuss the concept of property rights protection and why it is so important to companies. What does the court ruling against Xing Ba Ke mean for other companies that are already doing business in China, or are considering entering the market?
How important is the Chinese market to Starbucks? Does the presence of look-alike companies like Xing Ba Ke deter firms from entering the market?
Using Myanmar as an example, discuss how "crony capitalism" and strict control of dissent impact the development of a political and economic system.
After President Suharto's resignation in 1998, the political and economic development of Indonesia emerged from an era of corruption and strict control. How can the changes implemented to date impact the country? What else needs to be done by Indonesia's leaders to continue this trend?
What prompted the new property law in China? Why did it take so long to actually develop the law?
China's new law has implications for both urban land holders and rural land holders, but it is especially important for the latter group. Explain what China's new property law means for farmers.
Reflect on how military dictatorships like the one in Myanmar hamper economic development. Discuss the consequences of this type of political system.
Since 2010, Myanmar's new president has implemented a series of political and economic reforms. How will these reforms change the nation? What do they mean for the country's citizens?
What can other companies that are considering investing in China learn from the experiences of Best Buy and eBay?
How did your hosts react?
How might you figure out whether or not you should be late, on time, or early if you're meeting with people in another country?
India's castes system has been around for many years. Explain why its influence has diminished among educated urban middle class Indians.
Why are many private companies in India resisting the hiring quotas suggested by the government? Why might it be necessary to hire lower caste individuals?
Explain the concept of Islamic Calvinism. How has Islamic Calvinism helped the Kayseri region of Turkey?
Explain the concept of guanxi. How did Mintz's guanxiwang help his company become so successful?
Compare the difference between doing business in the West and doing business in China.
Will China maintain its strong economic growth in years to come? Some suggest it will until 2050. What do you think?
If China will go from 17 million to 190 million middle-income people by the year 2020, would the scenario presented Best Buy in 2006 not be applicable anymore? That is, the culture shock in 2006 was that the Chinese would not pay for Best Buy's overly expensive products unless they are a brand like
With Alibaba's ownership of the popular TaoBao online shopping system (similar to eBay and Amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China?
Evaluate the seventeen sustainable development goals. How attainable is each goal? Are there some which are more readily achievable than others? Support your answers.
Discuss the importance and relevance of a particular SDG (e.g., clean water and sanitation). How does achieving this goal relate to our everyday lives? Does it matter that this is identified as a relevant goal? Is it possible to reach the guidelines for this SDG by 2030?
Why did Unocal's investment become so controversial? Did Unocal behave in an ethical manner?
A 1996 law suit against Unocal was dismissed on the grounds that the Unocal could not be held liable for the actions of a foreign government against its own people although the judge noted that the company was aware of what was going on in the country. Discuss the difference between acting in an
Consider the corrupt culture at Daimler. Why do you think that the practice of making routine bribes persisted for so many years? Why do you think no one blew the whistle on the practice?
Why did Daimler feel the need to make bribe payments? What advantages did the practice give the company? Did Daimler act in an ethical manner?
Why is a sustainable strategy so important to Stora Enso? What message does its publicly stated commitment to sustainability send? Consider your response from the perspective of various stakeholders including investors and local communities.
As an employee of Stora Enso, what does its commitment to a sustainable strategy mean to you? How does Stora Enso's strategy affect its position in the global marketplace?
How can strategy at Umicore best be described―as a zero sum game or a positive-sum game? Support your answer.
When did the first companies start to practice CSR in the United States?
How might shareholders of a company view its contributing resources to social causes? How might customers view it? Employees?
Mercantilism is a bankrupt theory that has no place in the modern world. Discuss.
Do you agree with the characterizations of the TPP as "a terrible deal" and "disastrous"? Discuss the pros and cons for the United States of enacting the trade agreement?
What are the differences across the studies focusing on the TPP's impact on the United States economy? What is your assessment of the trade deal's influence on United States workers?
Are the claims that China is following a neo-mercantilist policy valid? Why or why not?
What incentive does China have to open its markets to foreign products? Why might China resist such a move?
Is there evidence that China is pursuing an import substitution policy? How would this type of policy benefit the country?
Will the United States suffer from the loss of highly skilled and high paying jobs? What does the transference of white-collar jobs mean to the average American?
What does the transference of white-collar jobs mean to recipient countries such as India and the Philippines?
Why do American companies transfer white-collar jobs to countries like India and the Philippines?
Supporters of the proposed new trade deal between the United States and the European Union claim that it will make all countries involved better off. Do you agree? Who stands to lose as a result of the trade pact?
What does the proposed agreement between the United States and the European Union mean for U.S. companies selling to the European Union? Will consumers benefit?
Why are sugar prices in the U.S. nearly double the average world price of sugar?
Do you agree that U.S. taxpayers should protect U.S. sugar farmers against less expensive imports?
Do you agree that U.S. consumers should keep paying twice as much for sugar than people in other parts of the world?
Reread the Management Focus feature on "U.S. Magnesium Seeks Protection." Who gains most from the antidumping duties levied by the United States on imports of magnesium from China and Russia? Who are the losers? Are these duties in the best national interests of the United States?
Provide an overview of the current situation in the global steel market. As a steel producer from the United States, how do you feel about the dynamics described in the case? If you were a steelworker in the United States, what would be at the front of your mind?
Why would Chinese steel companies be willing to sell their product at a loss? Though it has created a negative response from the U.S. Commerce Department, discuss the possible reasons that this strategy might be pursued.
What is the "chicken tariff?" What does it have to do with light trucks and SUVs?
Who benefits from the "chicken tariff" on light trucks? Why do you think the tariff is still in place?
What do you think about U.S. consumers paying more for light trucks and SUVs because of this?
In your opinion, could U.S. complaints about China's policies toward its auto exports actually harm U.S. producers more than they help? Should the U.S. dismiss its complaint with the WTO?
As a U.S. consumer, do you support China's subsidies on autos and auto parts? Does your response change if you work for a U.S. auto maker? Why or why not?
What is dumping? Were Chinese and Russian producers guilty of dumping? How did U.S. Magnesium justify its claims against Russian and Chinese producers?
What does the ITC's ruling mean for American consumers of magnesium? In your opinion, was the ruling fair?
Why is the European Union so concerned about beef from cattle that have been given growth hormones?
Why did the WTO rule against the European Union?
What does the Institute for International Economics suggest about the benefits of free trade?
Why do you think the policy on sugar in the United States is so heavily slanted towards sugar producers at the expense of candy manufacturers and consumers? What can manufacturers do? What does your response tell you about the benefits of free trade?
Compare and contrast these explanations of FDI: internalization theory and Knickerbocker's theory of FDI
Discuss the problems associated with Burberry's licensing arrangement in Japan. What were the benefits of establishing a relationship with Sanyo Shokai in the country?
Reflect on the new strategy that Burberry is undertaking in Japan. Given that this is a shift away from Sanyo Shokai's past strategy, what can you expect in the near future concerning performance in the country? What is Burberry's goal in the long-term?
Why is the U.S. the largest recipient of FDI from companies in other countries?
Why is the U.S. often the largest source of FDI? Did you think it was China?
What are companies from other countries looking for when they invest in the U.S.?
Consider the challenges involved with investing in China. How does China's political position and economic situation affect its ability to attract foreign direct investment?
Discuss China's efforts to encourage investment in its underdeveloped areas. What effect will investment have on these areas? How can firms prepare for the unique challenges of operating in these areas?
Reflect on the decision made by Cemex with regard to international expansion. Why do you think the company chose to invest directly in other countries rather than export? Why was it more attractive for Cemex to acquire companies in foreign markets rather than establish its own operations?
What benefits does Cemex bring to host countries? How have the company's investments in foreign markets contributed to its ability to be a leader in the global cement industry?
What factors underlie the decision by Volkswagen to invest directly in automobile production in Russia? Why was FDI preferable to exporting from existing factories in Germany?
Which theory (or theories) best explain Volkswagen's FDI in Russia?
How do you think FDI by foreign automobile companies might benefit the Russian economy? Is there any potential downside to Russia from this inflow of FDI?
Russia is largely dependent on oil exports to drive its economy forward. Given the sharp fall in global oil prices that occurred in 2014 and 2015, what impact do you think this will have on FDI into Russia?
Volkswagen has signaled that it is going to stay the course in Russia, despite current political and economic headwinds. Why do you think it made this decision? What are the pros and cons of this decision? In your opinion, is it the correct decision?
What were the causes of the 2010-2012 sovereign debt crisis in the EU? What does this crisis tell us about the weaknesses of the euro? Do you think the euro will survive the sovereign debt crisis? Discuss.
Do you think establishing the Tripartite Free Trade Area (TFTA) is a good plan for Africa? Why or why not?
What are some of the characteristics of the regional trading blocks in Africa? Would these characteristics act as an impediment to the development of TFTA?
Was the European Commission justified in its case against Intel? Why or why not?
Why are the actions of institutions like the European Commission important to the function of markets? How does the European Commission protect consumers?
What are the benefits of creating a single financial market in the European Union for companies? Does it make sense for consumers?
What are the impediments to creating a single financial market in the European Union? What does the potential for this type of market mean for countries like Great Britain that have not joined the euro-zone?
Discuss the implications of the financial crisis in Greece on other countries in the euro zone. What does the loss of confidence in Greece and in Spain, Portugal, and Italy as well mean for the bloc?
What does a falling euro mean for U.S. companies exporting to the European Union and for U.S. companies with operations in the bloc?
What did Ross Perot mean by the "giant sucking sound" that would occur after NAFTA?
What must one consider to determine if NAFTA was beneficial to the U.S.?
Did NAFTA actually result in U.S. job losses? What are some other reasons for a loss of jobs?
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