Question: B 1 . Scenarios on Globalization s Future. 2 . Definition of International Business. 3 . Where are most of the world s goods &
B
Scenarios on Globalizations Future.
Definition of International Business.
Where are most of the worlds goods & services sold?
Factors for the increase in imports.
What happens when companies respond to market opportunities?
Example of how global and local interests conflict.
Factors that support a decision to expand sales globally.
How did Carnival Cruise Line lower taxes?
Definition of Licensing.
When does an FDI occurs?
Definition of JointVenture.
What does Civilization consist of
Example of cultural collision
What does Religion shape?
What is an example of cultural diffusion?
Theory of Success
Maslovs Hierarchy of Needs
Definition of Power Distance
Definition of Uncertainty Avoidance.
Highcontext Lowcontext CrossCultural Communication.
Definition of Pragmatism
Understand difference between the Rule of Man & Rule of Law
Definition of laissezfaire
What is theocratic totalitarianism
Place in order from high to low the various types of Political Risk.
Definition of passive and active political risk.
What countries in Africa have mixed legal systems?
Definition of Constitutional Law
Differences between: Common & Civil Law
Actions of firms embracing social responsibility and sustainability.
Who is most interested in trustworthy behaviour by corporate executives?
Primary objectives for pursuing ethical behaviour.
What are reasons for MNEs to focus on social responsibility
Definition of the teleological approach
What was the primary problem with AngloAmerican PLCs ART program?
What are some of the ethical complications when firms expand overseas?
What is the challenge with the statement: anything legal is ethical
Definition of Sustainability
What is the purposevalue of a code of conduct
Definition of protectionism
Under what circumstance would unemployed workers form a pressure group?
Differences between import substitution policies & exportled development policies?
Why do countries establish export restrictions?
What was the US Catfish Industry all about?
What is the premise of imposing import controls?
Who bares the cost of sanctions when governments limit exports?
What would be a drawback to the essential industry argument
Definition of advalorem duty.
DefinitionExample of a nontariff barrier
Definition of trade protectionism
What is the definition of the infant industry argument
What is the definition of the essentialindustry arguments?
Definition of Quota
Do companies that integrate their supply chains internationally lobby their governments?
Definition of utilitarianism
Definition of Relativism
Definition of Normativism
Definition of Collectivism
Example of a flawed democracy
Is the protection of intellectual property rights universal?
When are most peoples basic values acquired?
Which spoken language accounts for the larger portion of global output?
Describe the working actions of people from monochronic cultures.
Definition of Ethnocentric orientation
Definition of Polycentric firms.
Are import restrictions becoming more or less important?
Does the process of globalization strengthen a nations sovereignty?
When does international licensing occur? Definition of licensing agreement;?
How can companies operating internationally reduce its financial risks?
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