61.Starbucks is expanding its global operations into South America in spite the real probability of civil wars and terrorist activities in many of the continent’s nations. As Starbucks expands into South America, it must deal with:
62.Starbucks is a chain that is rapidly expanding its global operation. As it expanded into South America, its research showed that Chileans on average drink only 150 cups of coffee annually, and people in Argentina only drink about half that amount. An average citizen of the United States drinks 345 cups annually. These differences in annual coffee consumption most likely reflect:
e.differences in internal marketing strategies
63.Uganda is one of only two countries in the world that produce a mineral required in the manufacturing of cellular phones. Several mining companies recently moved their operations out of the region due to a bloody civil war resulting from a change in rulers. This is an example of how ____ can influence global business.
64.Prior to the Japanese government decreeing that Japanese snow was different from all others and the requirement that all snow equipment marketed in the country be made in Japan for safety reasons, several companies from the U.S. and Europe had marketed their snow equipment in Japan. The elimination of non-Japanese companies from the market is an example of how ____ can influence global business.
65.What are the strategies that can be used to minimize or adapt to the political risk inherent to global business?
a.protectionist, avoidance, and offensive strategies
b.creative, cooperative, and defensive strategies
c.cooperative, customary, and nationalistic strategies
d.avoidance, protectionist, and guerrilla strategies
e.control, avoidance, and cooperative strategies
66.Uganda is one of only two countries in the world that produce a mineral required in the manufacturing of cellular phones. A company that mines that rare mineral decided to not invest in the country due to a bloody civil war resulting from a change in rulers. The mining company used a(n):
67.The ____ strategy of minimizing or adapting to the political risk inherent to global business makes use of joint ventures and collaborative contracts.
68.A firm using a ____ strategy to prevent or reduce political risks will lobby foreign governments or international trade agencies to change laws, regulations, or trade barriers that hurt their business in that country.
69.Green Giant learned that it could not use the Jolly Green Giant character in parts of Asia where a green hat worn by a man signifies that he has an unfaithful wife. This is an example of a(n) ____ that influenced global marketing.
70.____ is the set of shared values and beliefs that affects the perceptions, decisions, and behavior of the people from a particular country.