Q1: Explain in your words how you would use Hofstede's five cultural dimensions to navigate cross-cultural differences?

Q 2. How can the five key core messages from the resource-based view of the firm help you as a global manager? Explain how?

Q 3. Which of the theories of international trade do you find to be the most compelling in terms of explaining the realities of modern global trade? Explain why?  

Q4. List five factors that determine the foreign exchange rate. Explain each in maximum 2/3 sentences but explain "relative price differences and PPP" in greater detail (ideally with an example) to convince me that the core point is well understood. 

 

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1 Hofstedes Five Cultural Dimensions To navigate crosscultural differences using Hofstedes cultural dimensions I would first assess the cultural dimensions power distance individualism vs collectivism ... View the full answer