macellen education agencies

What are adaptation strategies? Type of firms? correct answersAdjusting to differences across countries e.g. firms with high advertising-to-sales ratio What are aggregation strategies? Type of firms? correct answersOvercoming some differences among countries by grouping them based on similarities e.g., firms with high R&D-to-sales ratio What are arbitrage strategies? Type of firms? correct answersExploiting selected differences across countries instead of treating them all as constraints e...

emerging markets correct answersBrazil, Russia, India, China, & South Africa IMF correct answersEM's are based on their GDP level and growth Goldman Sachs correct answersGDP growth, per capita growth, currency movements CNBC correct answersper capita income (low), fast growth, volatility Vietnam correct answersachieved rapid development through: - privatization - increase in foreign trade - increase in FDI - deregulation - priv entry - freeing prices - exchange rates S...

Regional Economic Integration correct answersagreements between countries in a geographic region to reduce tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other Levels of Regional Economic Integration correct answers1. Free Trade Area 2. Customs Union 3. Common Market 4. Economic Union 5. Political Union Free Trade Area correct answerseliminates all barriers to the trade of goods and services among member countries ex. NAFTA: ...

Free trade correct answersan absense if barriers to the free flow of goods and services GATT (General Agreement on Trade and Tariffs) correct answersinternational treaty that committed signatories to lowering barriers to the free flow of goods across national borders and led to the WTO Tariff correct answersa tax levied on imports or exports specific tarrifs correct answersfixed charge for each unit of a good imported ad valroem tariffs correct answerslevied as a proportion of the va...

What are some of the traditional reasons that firms internationalize? correct answersInternational competition (your competitors are going global) Trade barriers (tariffs, quotas, etc.) Regulations and restrictions (avoid restrictive operating environments) Customer demands (follow your customers) Secure key supplies Saturated or limited home market What are some emerging reasons that firms are internationalizing? correct answersTechnological developments in production Escalating R and ...

JCB's joint venture in India with local conglomerate Escorts a. reflects the suboptimal approach to enter the market in India. b. required additional expenses from JCB. c. is an example of foreign direct investment. d. was initially possible because of changes in regulations. e. has failed to perform to expectations. correct answersc. is an example of foreign direct investment. JCB's joint venture in India with Escorts can best be described as a. the flow of investment. b. the st...

Business ethics correct answersaccepted principles of right or wrong governing the conduct of business people Ethical strategy correct answersA course of action that does not violate a company's business ethics Ethical Issues in International Business correct answersEmployment practices Human Rights Environmental pollution Foreign Corrupt Practices Act correct answersUS law regulating behavior regarding the conduct of international business in the taking of bribes and other uneth...

globalization correct answersshift toward a more integrate and interdependent world economy Uber's struggle with globalization correct answersdidn't fully take into account local differences in regulations, culture, and political realities which could have slowed growth rate and opened doors to rivals opportunities through globalization correct answersexpanding revenues by selling around the world and reducing costs by producing in nations where labor and inputs are cheaper regula...

Globalization has resulted in_____? correct answersan in increase use of outsourcing Early outsourcing efforts were primarily confined to _____? correct answersManufacturing activities The world trade organization promotes____? correct answersThe lowering of barriers to cross-border trade and investment Which institution was established to maintain order in the international monetary system? correct answersThe IMF - International Monetary Fund What term is used to describe a state in...

Firms should only rely on what four things to predict exchange rate movements? correct answers- Monthly foreign exchange exposure reports - Establishing good reporting systems - Forecasting future exchange rates - Transaction and translation exposure ________ exposure is the risk, faced by companies involved in international trade, that currency exchange rates will change after the companies have already entered into financial obligations. Such exposure to fluctuating exchange rates can le...

A firm who disperses value creation activities to locations where they can be performed most efficiently and effectively is experiencing: correct answersLocation economies Strategic Objectives of the Global Production and Logistics Function: correct answersTo lower costs To increase product quality -> Eliminating defective products from the upstream and downstream supply chain and manufacturing process. Six Sigma correct answers1. reduces defects 2 boost productivity 4. eliminat...

Worldwide interconnectedness is growing in: correct answersextensity, intensity, velocity, and impact Globalization denotes relative de-territorialization of: correct answerssocial, economic and political activity Globalization denotes relative de-nationalization of: correct answerspower What are the two eras of globalization? correct answers and 1980-present What globalization occurred in ? correct answersIndustrial Revolution and World War 1 What globalization occurred in 1980-p...

which member country is most interested in renegotiating NAFTA energy agreements? correct answersCanada (#1 country for crude oil imports, concerns over loss of manufacturing jobs. goes against spirit of treaty - stipulation that canada is required to export certain quota of energy produced to US - they want more flexibility/freedom of how much energy they want to give)(mexico wants immigration reform and unhappy with subsidies the US government gives to US farmers because of the distribution ...

Which country became the 20th country in the Eurozone on January 1, 2023? correct answersCroatia Which nation has the LEAST corrupt government, according to Transparency International's latest annual Corruption Index? correct answersNew Zealand India on Aug. 23, 2023 became the first country to successfully land a spacecraft on what part of the moon? correct answersThe Southern Polar Region The most significant European war in almost_______ years began on Feb. 24. 2022, early morning...

International Business correct answersBusiness activities that involve the transfer of resources (raw materials, capital, and people), goods (semi-finished and finished assembly products), services, skills (including property rights), or information across national boundaries Globalization correct answersthe shift towards a more integrated and interdependent world economy The two key facets of globalization are: correct answers-The globalization of markets -The globalization of production...

international business correct answersbusiness that has operations in at least one foreign country (products are localized) Global business correct answersa business selling their in product in multiple countries where they do not localize products (such as raw materials) multinational corporation correct answerswhen a firm invests resources in business activities outside its home country globalization of markets correct answersMoving away from an economic system in which national marke...

Globalization correct answersTrend away from distinct national economic units and toward one huge global market. Globalization of Markets correct answersMoving away from an economic system in which national markets are distinct entities, isolated by trade barriers and barriers of distance, time, and culture, and toward a system in which national markets are merging into one global market. Globalization of Production correct answersTrend by individual firms to disperse parts of their produc...

Business ethics correct answersthe accepted principles of right or wrong governing the conduct of business people, and an ethical strategy is a strategy, or course of action, that does not violate these accepted principles. ethics correct answersrefers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization. tragedy of the commons correct answersoccurs when a resource held in common by all, but owned by no...

Globalization correct answersrefers to the shift toward a more integrated and interdependent world economy. Globalization of Markets correct answersrefers to the merging of historically distinct and separate national markets into one huge global marketplace. Globalization of Production correct answersrefers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production Factors of Production...

Globalization correct answersActions or processes that involve the entire world and result in making something worldwide in scope. Globalization of Markets correct answersthe merging of historically distinct and separate national markets into one huge global marketplace - Walmart Diaper Story, China Hotel Story Globalization of Production correct answersRefers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and qu...