The following does not seem to be belonging to the Asian countries. Select one: O a. Home to high-skilled labor. O b. Inefficient entrepreneurs. O c. Big FDI recipient. O d. Factory to the world.
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- From the statements below, select the one that is not an example of a factor in the socio-cultural environment. A) Companies are more likely to set up foreign operations in countries with stable political and economic systems. B) Many people in the Middle East are unwilling to work in food service operations. C) McDonald's has added salads and other low-fat foods to its menu. D) Prepackaged chili is more popular in southwestern U.S. states than in the U.S. northeast. E) Consumers in China perceive bicycles primarily as a mode of transportation, while consumers in Canada perceive bicycles as recreational items.Identify one company that has a weak culture. How can you support your opinion?please use Nestle as the caribbean company and Canada as the international market You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria.You will choose a known Caribbean Company in the agro-processing sector and its product (s) withinformation available on the internet, that does not currently operate outside the Caribbean CARICOMregion. You will conduct a comprehensive study of the international business environment, that is, thegeography, culture, government, history, economics, and politics of a new country, outside of the region,from which you believe the company and its product (s) could operate profitably. Propose a strategy forinternationalization. Looking particularly at entry strategies that could be utilized as discussed in the course.You will need to keep in mind the domestic realities of the company and its product (s) by conducting asituation analysis to start. You are also required to suggest an international strategy after…
- 16) Almost every American is significantly affected by the increased volume of global trade. The effect includes O the products Americans buy. D the products Americans sell. U the improved standard of living in the US. O the additional US jobs. All of the above are effects of the increased volume of trade.12) An individual's cultural environment impacts what is perceived as a norm when conducting business. Using the following link, select 1 country to research culture in different countries and business expectations: Get Insights by Country Do not select the United States or Canada. Based on your research, complete the following: Discuss how your selected country's culture impacts the ethical reasoning of its people. Describe how the country's ethical reasoning might disrupt global business. Select 2 of your classmates' posts, and answer 1 of the following questions: How does the presented country's ethical reasoning differ from domestic ethical reasoning? What are the similarities between domestic ethical reasoning and the presented country's ethical reasoning?The dominant trend in the GCC over the past decade due to increasing population is Select one: a. Buying or leasing agricultural land abroad O b. All the Given c. Social-sustainability issues O d. Urbanization
- 5) Which of the following is MOST true of product availability in a communist system? A) Consumers have a wide choice of goods. B) Consumers have a limited choice of goods. C) Consumers have a limited choice of goods and services. 5) D) Consumers have a limited choice of services. E) Consumers have a wide choice of services.What is the most common way to measure the current size and marketpotential of a country? a. Gross domestic product b. Gross national income c. Purchasing power parity d. Trade deficit e. Trade surplus1. Which citrus is used in an Old Fashioned? 2. Which country consumes the most tea (per capita)? 3. What does James Bond take “shaken, not stirred”? 4. Which drink is nicknamed “the green fairy”? 5. What is a G&T? 6. Which country is the largest producer of tea? 7. What type of drink is Tinto de Verano in Spain? 8. What is a Cerveza in Spanish? 9. What type of drink is Evian? 10. Which country is the largest producer of wine in the world?
- As a manager, why do you need to understand global marketplaces and business centers? Why should you also have an understanding of international income data?It’s been estimated that there are more than 600,000 unfilled technical jobs (systems engineers, programmers, and so on) in the United States.182 Therefore, IT companies like TechtonicGroup are continually battling for good applicants. For many years, Techtonic outsourced app software development to Armenia; CEO Heather Terenzio flew twice a year to work with the people there. However, programmers’ salaries in Eastern Europe were rising, and the distances involved and the language differences complicated managing the projects. Therefore, the CEO decided there had to be a better way. Since the programmers abroad required more and more detailed instructions, she decided she could hire junior people closer to home. Then with about the same effort and instructions Techtonic could do its programming locally. The problem was, how do you recruit talent when the unemployment rate for tech workers is close to zero? Ms. Terenzio had a novel solution. Rather than looking for college graduates…Choose two countries that are culturally diverse. Compare the cultures of those countries and discuss the ways in which cultural differences will affect the cost of doing business in each (country). Answer: Students answer vary depending on the countries they have chosen. 1. Identify the countries for comparison 2. Identify the cultural factors, two to five factors 3. Prepare a table. See example below. Countries E.g., Malaysia Religion Islam Hindu Buddha Christian Social 4. Discuss the ways in which cultural differences will affect the cost of doing business in each (country).