Business Strategy Development Application 1st edition Gary Bissonette - Solutions

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If global warming persists, how would it affect shipping and transportation routes? You can probably list some of the dangers of global warming but how may it actually benefit the economies of some countries or regions?
Refer to PengAtlas Map 4.2 (World Labor Force) and to Maps 2.1 and 2.2 that cover the top exporters and importers. To what extent is the size of the labor force an indicator of the size of markets, and to what extent is it not? Why?
If marketing efforts could help produce an inelastic demand for a product, a firm would have much more upward pricing flexibility. Explain why that is true.
Which of the four P's has come to be known by a new term? Why the change?
What marketing risks are taken by outsourcing? How would you minimize those risks?
In supply chain management, what are the differences between agility and adaptability?
In aligning the interests of various players in the supply chain, what is the role of power and trust?
What are examples of how institutions affect marketing and supply chain management-i.e., examples of government-imposed rules of the game?
Canada has an official animal: the beaver. In 2007, the Canadian prime minister suggested replacing it with the wolverine, and stirred up a national debate. Does your country have an official animal? If you were hired as a marketing expert by the Government of Canada (or of whatever country), how
In Hollywood movies, it is common to have product placement (having products from sponsored companies, such as cars, appear in movies without telling viewers that these are commercials). As a marketer, you are concerned about the ethical implications of product placement via Hollywood, yet you know
You are a supply chain manager at a UK firm. In 2014, Ebola broke out in Africa and the United States, potentially affecting your suppliers in these regions. On the one hand, you are considering switching to a new supplier in Asia. On the other hand, at this difficult moment you feel bad about
Name and describe three staffing approaches.
Look at the countries on PengAtlas Map 4.2. Suppose your multinational team consists of people from these countries. In your opinion, is it possible to have too much diversity?
Regarding the two countries with the largest labor force shown on PengAtlas Map 4.2, what advantage does the large size provide? What is the disadvantage?
What are the benefits of inpatriation?
What factors often lead to an expatriate experiencing difficulties or even failure on an overseas assignment?
How would you use training for spouses of expatriate employees to improve employee performance and the duration of service overseas?
Describe some of the problems experienced by repatriates. How may training and development alleviate those problms?
In relation to expatriate compensation, what is the difference between the going rate approach and the balance sheet approach?
What are some of the problems inherent in evaluating an expatriate's job performance?
Why has union power declined in developed countries?
If you were trying to establish a multinational labor organization, what barriers would you need to overcome?
In HR use of VRIO, why is it more difficult to imitate an HR system than a practice?
If you were a HCN, do you think pay should be equal between HCNs and expatriates in equivalent positions? If you were president of your subsidiary in a host country who has profit/loss (P/L) responsibilities, as a PCN your pay is ten times higher than the pay for the highest paid HCN (your vice
As HR director for an oil company, you are responsible for selecting 15 expatriates to go to work in Iraq. However, you are personally concerned about the safety there. How do you proceed?
You work at a large MNE that operates in every one of the top 100 metropolitan areas worldwide. One of the most pressing concerns in your firm at the moment is to control costs. Therefore, you have been asked to develop a forecast for the coming year that identifies the markets in which the firm
Currently, your European company is evaluating its standing in the fast-growing emerging economies known as BRIC (Brazil, Russia, India, and China). Based on your evaluation of the cost of living in each country, the company may reconfigure some of its operations to increase profitability. Your
What are the two primary means of financing? How do they differ?
Briefly summarize the three external governance mechanisms.
Under what conditions are the primary governance mechanisms likely to involve concentration of ownership and control?
Why do most SOEs suffer from weak external and internal governance mechanisms?
What are some of the formal institutions that affect corporate governance?
Explain how three aspects of recent globalization have influenced corporate governance.
Explain stewardship theory, and compare it to agency theory.
Countries that have low levels of development often benefit from outsourcing due to their low wages. Assume that a firm's board of directors is truly independent and makes decisions based only on economic considerations. Why would it not also outsource the top executive jobs? To the extent that
Other than low wages, why might a firm outsource its activities to one of these countries?
How would you characterize a corporation with diffused ownership?
What are some of the pros and cons of family ownership?
Describe the differences between principal-agent conflicts and principal-principal conflicts.
What are the advantages and disadvantages of having two different individuals hold the positions of board chair and CEO rather than combining these two positions?
Name and describe the two internal governance mechanisms typically employed by boards.
Recent corporate governance reforms in various countries urge (and often require) firms to add more outside directors to their boards and to separate the jobs of board chairman and CEO. Yet, academic research has not been able to conclusively support the merits of both practices. Why?
As a chairman/CEO, you are choosing between two candidates for one outside (independent) director position on your board. One is another CEO, a longtime friend on whose board you have served for many years. The other is a known shareholder activist whose tag line is "No need to make fat cats
Your privately owned company consistently balances the interests of business freedom and labor freedom in its operations. As such, it has become an example for other firms worldwide to emulate. Since the tension between wages and prices at both the labor and business level must be constantly
As CEO of a large multinational firm, the financial globalization level of a country can present different problems and solutions for success. Using a well-known index of financial globalization, evaluate and discuss specific countries in which the concerns of a high and low level of globalization
1. Why do analysts in the US and Europe pay more attention to corporate governance? 2. How do analysts in different regions rate the importance of the quality of top management? Why are there such differences?
Suppose your firm is located in a developed economy that is considering curbing carbon emissions, which could create severe problems for your firm and threaten its existence. Would you recommend relocating operations to an emerging economy that still has many people in desperate need of employment
How do the concerns of a primary stakeholder differ from those of a secondary stakeholder?
Using Table 17.2, summarize the four types of strategies that can be used to make CSR decisions.
Using a resource-based view, explain why some firms improve their economic performance by adopting a CSR strategy, whereas others achieve no results or damaging results.
Do you think "green practices" should be voluntary or mandatory for businesses? Explain your answer.
In your opinion, do you think an MNE should remain politically neutral and adopt practices and laws of the host country?
As a manager, what are some of the considerations you would take into account before adopting any CSR-related policy?
China has been a recipient of considerable investment recently. However, little research has been conducted by the green technologies company for which you work concerning the exact nature of socially responsible technology investment. Since your firm's goal is to operate in China that promotes
Microfinance is an emerging area of individualized financial investment in developing countries that is based on social responsibility principles. However, since it involves the investment of resources with the expectation that a profit will be made, microfinance investors tend to search for
Based on your definition of entrepreneurship, can a firm be truly entrepreneurial if it does not expand globally?
Would you rather do business in a country that uses civil law or common law? Why?
What are some of the issues to consider before doing business in a theocracy?
Do "rules of the game" promote or prevent opportunism?
What are examples of informal constraints that affect global business firms?
What is one common mistake that managers often make when evaluating their firm's capabilities?
When analyzing a value chain with a VRIO framework, what is the most important question to begin with and why?
Why is it a good idea for the VRIO framework to focus on future competition?
Given whatever plans you have for the future, do you feel you would have the greatest likelihood of success under private ownership or under state ownership? Why?
Why is understanding of human relations within a culture sometimes more important than legal expertise?
Thomas Friedman in his book The World Is Flat (2005) suggests that the world is flattening meaning it is increasingly interconnected by new technology, such as the Internet. On the other hand, this presents significant challenges for developed economies, whose employees may feel threatened by
What is the difference between outsourcing and captive sourcing?
How can SWOT analysis be used in value chain analysis? Use an example to support your answer.
Which is more difficult: imitating a rival's tangible resources or its intangible resources?
The rules of the game for international trading can be quite complex, so why do nations routinely engage in this activity?
Name and describe the two key components of a balance of trade.
What are two primary economic arguments that critics use against free trade?
Why does the resource-based view suggest that the key word of FDI is direct?
How does internationalization help combat market imperfections and failures?
Why do some countries object to inbound FDI?
Some Americans feel that U.S.-based firms should not undertake FDI in other countries because it results in expanding business opportunities in those countries and does not benefit the United States. How may the data on PengAtlas Map 2.3 be used to refute that view?
What is meant by "commoditization"?
What happened toward the end of World War II that lifted the dollar to the commanding heights of the global economy?
As a manager, you are choosing to do business in two countries: One has a fixed exchange rate, and the other has a floating rate. Which country would you prefer? Why?
What institutional arrangements exist for trade dispute settlement?
What do you personally believe about the value of the WTO? Explain why you feel the way you do.
How prevalent and important are small entrepreneurial firms in economies around the globe?
How important are an entrepreneur's resources and capabilities in determining his or her success? Why?
Name and describe three major characteristics associated with an entrepreneurial firm's growth.
What qualities typically compensate for an entrepreneurial firm's lack of tangible resources?
Briefly summarize three modes an SME can use to enter foreign markets.
Compare Maps 3.1 and 3.4. Based on that information, which country would be most attractive to you as a place to expand your business? The global economy is subject to constant change. In your opinion, what potential changes in one of the countries shown might make that country less attractive as a
How can the "rules of the game" reduce uncertainty?
Describe two or three examples of institutions that could be made friendlier and more supportive of entrepreneurs.
Regarding PengAtlas Map 3.3, consider emerging economies that are late movers in the economic realm. To what extent do they have some of the same advantages as firms that are late movers?
How does a large-scale entry differ from a small-scale entry?
Military terminology and strategy are often used in dealing with global competitors. In your opinion, is there any risk in doing so? Is there a risk in failing to do so? Why?
What criteria may induce a firm to choose a dodger strategy over a contender strategy, and vice versa?
Are mergers or acquisitions more common? Why?
What happens when an alliance fails and must be terminated? Summarize the process.
How do dissimilarities in national culture affect the performance of alliances?
The pressure to reduce costs is common to both domestic and international competition, but what additional kind of pressure is unique to international competition?
List three examples of how formal and informal external institutions affect MNEs.
Discuss the importance of emerging economies in the global economy. Use current news.
What are the four C's that can benefit HR managers?

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