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Study Resources (Business Management)

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1. Q: Two students discussing the various reasons why they

1. Q: Two students are discussing the various reasons why they are not studying international business. “International business doesn’t affect me,” declares the first student. “I’m going to stay here, not work in some foreign country.” “Yeah, me neither,” agrees the second. “Besides, some cultures are real strange. The sooner.
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1. Q: Two students discussing the various reasons why they
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1. Q: Define ethical behavior and corporate social responsibility. 2. Q:

1. Q: Define ethical behavior and corporate social responsibility. 2. Q: What are four commonly cited philosophies of business ethics and social responsibility? 3. Q: List several issues of ethics and social responsibility relevant to international managers. 4. Q: Why are international relations among countries important to international business? .
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1. Q: Define ethical behavior and corporate social responsibility. 2. Q:
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3.If Toyota truly wants to emphasize growth over quality, what

3.If Toyota truly wants to emphasize growth over quality, what changes to its HRM system would be needed? 4.Why don’t all multinational firms use the same approach as Toyota? 1.Which unit of Texaco really “earned” the Aramco advantage?  Aramco itself?  Texaco’s foreign refineries?  Texaco’s marketing operations?  Or the parent corporation? .
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3.If Toyota truly wants to emphasize growth over quality, what
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4. Q: How might a totalitarian government affect business activities? 1.

4. Q: How might a totalitarian government affect business activities? 1. Q: What is democracy? Explain the differences between democracy and totalitarianism. 2. Q: What five freedoms does a representative democracy strive to provide its people? 3. Q: How might a democratic government affect business activities in a nation? .
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4. Q: How might a totalitarian government affect business activities? 1.
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6.Do you agree or disagree with the idea that some

6.Do you agree or disagree with the idea that some international assignments require special compensation? 7.How easy or difficult do you think it is to handle the equity issue in international compensation? 8.What does the high cost of replacing an international manager suggest regarding staffing philosophy? 9.Which do you think is easier, HRM.
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6.Do you agree or disagree with the idea that some
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5.What basic factors must be addressed when managing international service

5.What basic factors must be addressed when managing international service operations? 6.Why is it important for organizations to control productivity? 1.How does international operations management relate to international marketing (discussed in Chapter 16)? 2.   How are a firm’s strategy and operations management interrelated? .
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5.What basic factors must be addressed when managing international service
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1. Q: What the claims of those who say globalization

1. Q: What are the claims of those who say globalization eliminates jobs, lowers wages, and exploits workers? 2. Q: Identify the arguments of those who say globalization creates jobs and boosts wages. 3. Q: Why do critics say globalization adversely affects labor standards, environmental regulations, and future markets? 4. Q: How do.
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1. Q: What the claims of those who say globalization
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5.Why performance appraisal important for international firms? 6.What special compensation and

5.Why is performance appraisal important for international firms? 6.What special compensation and benefits issues arise in international HRM? 7.How does international HRM for nonmanagerial employees differ from that for managerial employees? 1.How does HRM relate to other functional areas such as marketing, finance, and operations management? .
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5.Why performance appraisal important for international firms? 6.What special compensation and
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3. Q: What factors make some countries more globalized than

3. Q: What factors make some countries more globalized than others? 1. Q: How does this current period of globalization compare with the first age of globalization? 2. Q: Explain the original purpose of the World Bank and its mandate today. 3. Q: What are the main purposes of the International Monetary Fund? .
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3. Q: What factors make some countries more globalized than
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1.What the advantages and disadvantages of each method of payment

1.What are the advantages and disadvantages of each method of payment for international transactions from the exporter’s perspective? 2.Which type of letter of credit is most preferable from the exporter’s point of view? 3.Why do firms use countertrade? What problems do they face when they do? 4.How does capital budgeting for international projects.
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1.What the advantages and disadvantages of each method of payment
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1.Working alone, carefully consider the strengths and weaknesses of each

1.Working alone, carefully consider the strengths and weaknesses of each of the four leading candidates for the job.  Select the individual that you think is the best qualified candidate. 2.Form small groups of four.  Share with each other your individual choices for the job in Japan, along with the reasons for.
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1.Working alone, carefully consider the strengths and weaknesses of each
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1. Q: What meant by a culture’s aesthetics? Give several

1. Q: What is meant by a culture’s aesthetics? Give several examples. 2. Q: Compare and contrast values and attitudes. How do cultures differ in their attitudes toward time, work, and cultural change? 3. Q: Describe the process of cultural diffusion. Why should international businesses be sensitive to charges of cultural imperialism? .
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1. Q: What meant by a culture’s aesthetics? Give several
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7.Why would a firm want to negotiate an Advance Pricing

7.Why would a firm want to negotiate an Advance Pricing Arrangement with the Internal Revenue Service? Why would the Internal Revenue Service want to negotiate an Advance Pricing Arrangement? 1.Calculate the profitability of each of BLP’s five subsidiaries.  (Because BLP is Belgian, perform the calculations in terms of euros, which Belgium.
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7.Why would a firm want to negotiate an Advance Pricing
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1. Q: Identify the four main components of the global

1. Q: Identify the four main components of the global business environment. 2. Q: How does globalization influence other elements in the global business environment? 1. Q: Today, international businesspeople must think globally about production and sales opportunities. Many global managers will eventually find themselves living and working in cultures altogether different.
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1. Q: Identify the four main components of the global
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6.The ethnocentric approach and the geocentric approach both suggest standardization

6.The ethnocentric approach and the geocentric approach both suggest standardization of the marketing mix. What is the difference between these two approaches, if both lead to standardization? 7.What are some basic differences you might expect to see in TV ads broadcast in France, Japan, Saudi Arabia, and the United States? .
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6.The ethnocentric approach and the geocentric approach both suggest standardization
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1. Q: What intellectual property rights? What the significance of

1. Q: What are intellectual property rights? What is the significance of such rights? 2. Q: Explain the term industrial property. What are its two types? 3. Q: What is a copyright? Explain its importance to international business. 4. Q: Identify the ramifications of antitrust (antimonopoly) laws and product liability laws. .
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1. Q: What intellectual property rights? What the significance of
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2.Had Aramco sold the crude oil to Texaco’s U.S. refineries,

2.Had Aramco sold the crude oil to Texaco’s U.S. refineries, would Texaco have been able to avoid U.S. taxation on the Aramco advantage? 3.Since Minister Yamani created the Aramco advantage in part in response to U.S. diplomatic pressure, should Exxon and Texaco have been required to sell their allotment of Saudi.
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2.Had Aramco sold the crude oil to Texaco’s U.S. refineries,
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3.How do each of the basic business strategies (differentiation, cost

3.How do each of the basic business strategies (differentiation, cost leadership, and focus) relate to operations management? 4.What are the basic similarities and differences between production management and service operations management? 5.Why are services most closely associated with developed, industrialized economies? 6.List 10 products you use for which quality is important in your.
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3.How do each of the basic business strategies (differentiation, cost
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1.Along what dimensions does domestic HRM differ from international HRM? 2.How

1.Along what dimensions does domestic HRM differ from international HRM? 2.How does the degree of centralization or decentralization affect international staffing? 3.What are the basic issues involved in recruiting and selecting managers for foreign assignments? 4.What issues are at the core of expatriation and repatriation problems? .
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1.Along what dimensions does domestic HRM differ from international HRM? 2.How
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1. Q: Define the term international business, and explain how

1. Q: Define the term international business, and explain how it involves us all. 2. Q: Explain how e-business (e-commerce) affects international business. 3. Q: What types of companies are involved in international business? 1. Q: Define globalization. How does denationalization differ from internationalization? 2. Q: List each benefit a company might obtain from.
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1. Q: Define the term international business, and explain how
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4.  Q: Consider the following statement: “Globalization and the resulting

4.  Q: Consider the following statement: “Globalization and the resulting increase in competition harm people, as international companies play one government against another to get the best deal possible. Meanwhile, governments continually ask for greater concessions from their citizens, demanding that they work harder and longer for less pay.” Do.
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4.  Q: Consider the following statement: “Globalization and the resulting
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1.What special problems arise in financing and arranging payment for

1.What special problems arise in financing and arranging payment for international transactions? 2.What are the major methods of payment used for international transactions? 3.What are the different types of letters of credit? 4.How do a time draft and a sight draft differ?  How do a trade acceptance and a banker’s acceptance differ? .
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1.What special problems arise in financing and arranging payment for
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1.Instead of a system of individual performance appraisals, NUCOR appraises

1.Instead of a system of individual performance appraisals, NUCOR appraises employee performance according to division-wide quality, productivity and profitability goals and targets. What are the advantages and disadvantages of this approach? 2.Identify the incentives, both financial and non financial, that NUCOR uses to motivate employees. 3.How does NUCOR’S flat organization structure contribute.
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1.Instead of a system of individual performance appraisals, NUCOR appraises
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1.How does a firm’s corporate strategy affect its operations management? 2.How

1.How does a firm’s corporate strategy affect its operations management? 2.How do production management and service operations management differ? 3.   What is supply chain management? What is vertical integration? 4.What basic set of factors must a firm consider when selecting a location for a production facility? .
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1.How does a firm’s corporate strategy affect its operations management? 2.How
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2.Why and how does the scope of a firm’s internationalization

2.Why and how does the scope of a firm’s internationalization effort affect its HRM practices? 3.How are the different approaches to recruiting and selecting managers for foreign assignments similar and dissimilar? 4.Which are easier to assess, business skills or international skills?  Why? 5.If you were being assigned to a foreign position, what specific.
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2.Why and how does the scope of a firm’s internationalization
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4. Q: What the significance of material culture for international

4. Q: What is the significance of material culture for international business? 1. Q: What six dimensions comprise the Kluckhohn–Strodtbeck framework for classifying cultures? 2. Q: What are the five dimensions of the Hofstede framework for classifying cultures? 3. Q: Briefly explain how each framework can be used to analyze a culture. .
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4. Q: What the significance of material culture for international
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2. Q: In the past, national governments greatly affected the

2. Q: In the past, national governments greatly affected the pace of globalization through agreements to lower barriers to international trade and investment. Is the pace of change now outpacing the capability of governments to manage the global economy? Will national governments become more or less important to international business.
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2. Q: In the past, national governments greatly affected the
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1.Why do tax rates and tax treatment of corporate income

1.Why do tax rates and tax treatment of corporate income vary so dramatically among countries? 2.Explain the use of the Double Irish and Dutch Sandwich by Google. 3.How important is the Advance Pricing Arrangement that Google negotiated with the IRS to the success of its tax minimization strategy? 4.Google’s corporate model is “Don’t.
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1.Why do tax rates and tax treatment of corporate income
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1.Identify and describe the roles of product policy, pricing, promotion,

1.Identify and describe the roles of product policy, pricing, promotion, and distribution in the cell phone market in developed countries. 2.Identify and describe the roles of product policy, pricing, promotion, and distribution in emerging markets. 3.What are the relative opportunities for standardization and customization in the cell phone industry? 4.What are the roles.
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1.Identify and describe the roles of product policy, pricing, promotion,
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2.Suppose it costs each subsidiary 1 percent of the transaction

2.Suppose it costs each subsidiary 1 percent of the transaction each time it converts its home currency into another currency in order to pay its suppliers.  Develop a strategy by which BLP as a corporation can reduce its total currency conversion costs.  Suppose your strategy costs BLP 400 euros per.
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2.Suppose it costs each subsidiary 1 percent of the transaction
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1. Q: What does the evidence suggest for each aspect

1. Q: What does the evidence suggest for each aspect of the debate over globalization and income inequality? 2. Q: Summarize the claims of each side in the debate over globalization’s influence on cultures. 3. Q: What are the arguments of each side in the debate over globalization’s impact on national sovereignty? .
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1. Q: What does the evidence suggest for each aspect
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2. Q: In what ways does religion affect international business

2. Q: In what ways does religion affect international business activities? 3. Q: Identify the dominant religion in each of the following countries: (a) Brazil, (b) China, (c) India, (d) Ireland, (e) Mexico, (f) Russia, and (g) Thailand. 1. Q: Define communication. Why is knowledge of a culture’s spoken language important for.
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2. Q: In what ways does religion affect international business
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1.What might Wal-Mart do to counter Tesco’s actions? 2.Tesco, of course

1.What might Wal-Mart do to counter Tesco’s actions? 2.Tesco, of course is a food retailer. How vulnerable might Wal-Mart be to similar competition from a non-food retailer? 3.The global recession has slowed down Tesco’s plans for expansion. Why might Tesco have been more harmed by the recession than Wal-Mart? .
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1.What might Wal-Mart do to counter Tesco’s actions? 2.Tesco, of course
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