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Globalisation Increased interdependence between countries and the rapid rate of change it brings about Factors contributing to globalisation (5) Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) Improvements in IT and communication (Allows global operations) Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) International financial markets (Raising money and transferring it globally) TNCs (Low p...

Define ethics. - ANSWER-Principles that serve as a compass about how to behave Provide an example for each of the following: legal-ethical legal-unethical illegal-ethical conflicts - ANSWER-legal-ethical: by law in most states it is illegal to take part in recreational marijuana use; and a judge that is trying a case about marijuana possession agrees with the law and does not think its okay to consume marijuana for recreational use. legal-unethical: cheating on your boyfriend/girlfr...

social studies 10-1 final exam review questions and answers 100% pass Globalization - Answer- The process by which different parts of the world interact economically, politically, and culturally. Social Globalization - Answer- The sharing of ideas and information between and through different countries. Good examples: internationally popular films, books and TV series. The Harry Potter/ Twilight films and books have been successful all over the world, making the characters featured globa...

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? They increase Which type of tarif...

International Business Exam 1 Review with 100% correct answers Globalization - answerMovement from thinking about markets in terms of geographic areas to thinking about them as something that transcends borders; the shift towards a more integrated and interdependent world economy World-wide sourcing - answerAll types of businesses are getting inputs from several global locations Globalization of markets - answerMerging of historically distinct and separate national markets into one huge ...

Study Exam for WGU-072 Fundamentals for Success in Business Final test Ethics Principles that serve as a guide about how to act, i.e. right vs wrong, just vs unjust Legal An act that is allowed or is in conformity with the law of the land Legal- ethical When the law and personal and organizational ethics are in accordance with each other Legal- Unethical Dilemma in which established laws are not in accordance or do not uphold the ethical choice Illegal- Ethical Dilemma ...

Test Bank For Global Business Today Global 12th Edition by Charles Hill, Chapter 1-17 | Complete Latest Guide. Answers are at the end of each chapter Chapter 01 Globalization True / False Questions 1. As a result of globalization, we have been moving toward a world in which national economies are relatively self-contained entities. True False 2. By offering the same basic product worldwide, firms help to create a global market. True False 3. A company has to be the size of a multination...

MKTG 400 Exam 2 - Kansas State University Questions and Answers 100% Accurate Organizational Buyers manufacturers, wholesalers, retailers, service companies, not-for-profit organizations, and government agencies that buy products and services for their own use or for resale 3 types of organizational markets Industrial, reseller, government Industrial firms process a product or service they buy before selling it again to the next buyer Resellers Wholesalers and retailers...

invite influential journalists to the embassy for one-on-one interviews to explain the U.S. position - Relationships between the U.S. and the country of Lapatria are at an all-time low. In order to best engage with the local press, the embassy spokesperson should.. publish booklets and disseminate press releases that stress the importance of private as well as public U.S. philanthropic activities in Lapatria - A series of editorials appear in the Lapatrian press condemning the lack of donor...

True / False 1. As access to technology rises and barriers to trade fall, individual economies around the world have become more independent than ever before. a. True b. False ANSWER: False 2. Despite their huge populations, China and India represent a much smaller opportunity in terms of size and economic growth. a. True b. False ANSWER: False 3. International trade helps even out some of the resource imbalances among nations. a. True b. False ANSWER:...