1. You are responsible for international operations of a Vancouver based mining company (there are many...

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1. You are responsible for international operations of a Vancouver based mining company (there are many of these) and have decided to send a local Vancouver manager to manage your operations in Costa Rica. You realize that you will have to select the appropriate person from your staff for this assignment and that the person will face numerous challenges on both a personal and professional level. In addition, you know that the organization must take appropriate steps to manage, negate or assist in the handling of these challenges. Discuss this with reference to at least three personal challenges, and one professional challenge in taking this assignment and provide a clear program of how the organization can deal with these issues. Please include a discussion of the acculturation process in your answer. 2. Your organization is considering setting up a manufacturing operation in Indonesia, a country where the national culture features very high power distance, moderate uncertainty avoidance and very low individualism relative to Canadian culture. You will be using an ethnocentric management policy and are intending to use the same management systems and reward systems that you would in Canada. Explain in as complete a fashion as possible given your time constraints, at least three management practices that you think you would have to use in Indonesia given its cultural context. 3. Congratulations, your firm has just made a significant sale to a Nigerian oil field servicing company which sells to major oil companies in Nigeria, a major oil producing country in Africa. As you have been extremely eager to get this sale as a first step into the African oil market, you have agreed to accept payment in Nigerian currency, the Naira, 1 month from now($1:00=275n). Discuss the risk that may be present in this transaction and how you would deal with this risk. Explain a method of payment that you would use in this transaction in order to protect your interest as a seller. Explain in as complete a fashion as possible given your time constraints. 4. You have been asked to advise the president of a medium sized Canadian printing company about future developments in the industry. Your industry, which is mature and maybe sunset, is extremely competitive and is in the midst of consolidation with smaller firms being purchased by larger firms, many of which are based outside of Canada. In addition, Canadian print companies are establishing operations internationally to produce their products at a lower cost than in Canada. The president wants to know what the threat may be from foreign firms setting up in Canada, buying Canadian firms or whether your company should establish a production facility in a lower cost country in order to serve the Canadian market with your product. Please discuss reasons why governments (Canadian or other) would encourage or discourage foreign investment in this particular situation. 5. The government of Britain is now in the process of Brexit, the leaving the European community. Currently Britain is negotiating with the European Union what a future relationship wit Europe, if any, will look like. With reference to your text and material from class, discuss three risks that European economic uncertainty may produce for international business both in Europe and elsewhere. Please be as clear as possible regarding the nature of the risk and implications of the risk should the worst (as seen as the risk) happen. 1. You are responsible for international operations of a Vancouver based mining company (there are many of these) and have decided to send a local Vancouver manager to manage your operations in Costa Rica. You realize that you will have to select the appropriate person from your staff for this assignment and that the person will face numerous challenges on both a personal and professional level. In addition, you know that the organization must take appropriate steps to manage, negate or assist in the handling of these challenges. Discuss this with reference to at least three personal challenges, and one professional challenge in taking this assignment and provide a clear program of how the organization can deal with these issues. Please include a discussion of the acculturation process in your answer. 2. Your organization is considering setting up a manufacturing operation in Indonesia, a country where the national culture features very high power distance, moderate uncertainty avoidance and very low individualism relative to Canadian culture. You will be using an ethnocentric management policy and are intending to use the same management systems and reward systems that you would in Canada. Explain in as complete a fashion as possible given your time constraints, at least three management practices that you think you would have to use in Indonesia given its cultural context. 3. Congratulations, your firm has just made a significant sale to a Nigerian oil field servicing company which sells to major oil companies in Nigeria, a major oil producing country in Africa. As you have been extremely eager to get this sale as a first step into the African oil market, you have agreed to accept payment in Nigerian currency, the Naira, 1 month from now($1:00=275n). Discuss the risk that may be present in this transaction and how you would deal with this risk. Explain a method of payment that you would use in this transaction in order to protect your interest as a seller. Explain in as complete a fashion as possible given your time constraints. 4. You have been asked to advise the president of a medium sized Canadian printing company about future developments in the industry. Your industry, which is mature and maybe sunset, is extremely competitive and is in the midst of consolidation with smaller firms being purchased by larger firms, many of which are based outside of Canada. In addition, Canadian print companies are establishing operations internationally to produce their products at a lower cost than in Canada. The president wants to know what the threat may be from foreign firms setting up in Canada, buying Canadian firms or whether your company should establish a production facility in a lower cost country in order to serve the Canadian market with your product. Please discuss reasons why governments (Canadian or other) would encourage or discourage foreign investment in this particular situation. 5. The government of Britain is now in the process of Brexit, the leaving the European community. Currently Britain is negotiating with the European Union what a future relationship wit Europe, if any, will look like. With reference to your text and material from class, discuss three risks that European economic uncertainty may produce for international business both in Europe and elsewhere. Please be as clear as possible regarding the nature of the risk and implications of the risk should the worst (as seen as the risk) happen.