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business
business communication

Questions and Answers of Business Communication

Was the Bretton Woods system bound to fail if it were successful?
You are on a business trip from Portugal to the U.S. for 90 days and you have a per diem of euro 400 per day, no receipts required. This per diem is advanced to you before the trip (euro 36,000). You
If all nations used the SDR, what might the impact be on business?
If your firm is generating considerable revenues in operations in a country that suddenly and without warning imposes exchange controls that prohibit the purchase of foreign currency within the
Your U.S. firm is about to sign a contract to supply services to a bank in Beijing, with a up-front payment agreement of 50%. Would you want this payment in U.S. dollars? Why or why not?
While the Federal Reserve has been slashing interest rates, the European Central bank is holding interest rates steady. Could this policy difference have influenced the relative strength of the
Your Boston-based company earned 54% of its profits from Germany and France. Given your answer in question 7, are you happy today? Why?
Your Munich-based company earns 64% of its revenues from high precision auto component exports to the U.S. You need to expand manufacturing capacity, and the U.S. market has great growth potential
What is international strategy, and why is it important?
Suppose that competitor analysis reveals that the American subsidiary of your firm's German competitor is about to broaden its product mix in the American market by introducing a new line against
You are the CEO of the Mesozoic Petrochemical Company and have just finished studying next year's plans of your foreign subsidiaries. You are pleased that the African regional unit's plan is so
Your firm has used bottom-up planning for years, but the subsidiaries' plans differ with respect to approaches to goals and assumptions-even the time frames are different. How can you, the CEO, get
What are the main strengths and weaknesses of each of the competitive strategies: home replication, multidomestic, regional, global, and transnational? Under what circumstances might each strategy be
What strategic issues arise as a firm considers an international transfer of skills and products resulting from its distinctive competencies in its home country?
What is scenario analysis? Why would scenario analysis be of value to an international company? What might limit the usefulness of such an approach?
Some companies use standardized organizational controls across their entire organization, in that the same control systems are used for each unit or operation worldwide. For example, companies such
What are the main strengths and weaknesses of the use of an international division as part of a company's organizational structure? Under what circumstances might such a structure be an appropriate
Compare and contrast geographic and product structures for international companies.
Your company's matrix organization isn't working; decisions are taking too long, and it seems to you that instead of best solutions, you're getting compromises. What can your company's CEO do to
You are the CEO of Mancon Incorporated, and you have just acquired Pozoli, the Italian small-appliance maker (electric shavers, small household and personal care appliances). It has been in business
It is obvious that in formulating new strategies, management may uncover a need to change its organization. Can you describe some situations in which the reverse may be true?
In determining whether decisions will be made by the parent company or by its subsidiaries, what are the considerations when equipment and products are standardized worldwide rather than tailored to
Regarding issues of control in an international company: a. What are some decisions that could result in detriment for a subsidiary but greater benefit for the enterprise as a whole? b. In such
What is a global mindset and why is it important for international companies?
How might national level culture affect change?
What is the difference between management and leadership?
How does global leadership differ from domestic leadership?
What are the different types of roles that a global leader may need to take?
How does Blake's Global Leadership Triad differ from the Pyramid Model of Global Leadership? How are the two models similar?
Compare and contrast the GLED model and the "right stuff" model of leadership development. What is similar between the two models? What is different?
What are some of the tools and techniques that an aspiring global leader might be able to use to develop her global leadership skills?
Many business managers will say, "Leadership is leadership the world over." What are they missing?
Assume that your academic unit (probably a college of business) wants to open a campus in a foreign country and that the dean has asked you to prepare a list of possible countries. How would you go
1. Is chocolate being exported? 2. What are the six largest importing nations? 3. Which of these are growing markets?
Do a country's imports completely measure the market potential for a product? Why or why not?
Why should a firm's management consider going on a trade mission or exhibiting in a trade fair?
What are the two principal kinds of complications that researchers face when they collect primary data in a foreign market? Give examples.
Consider the market segment screening method. Take a lifestyle segment-say, people who like do-it-yourself home decorating. How would the segment screening method suggest that you go about
You are a consultant to the developers of the Spiderman computer game. You will tell the CEO where the likely overseas markets are. What do you do?
If a company wanted to be a pioneer for entering a market, what conditions might increase the likelihood of success? If the company wanted to instead be a fast follower, what would be different in
How can a company control a joint venture if it only has a minority share of the equity?
What is the difference, if any, between a joint venture and a strategic alliance?
What are the methods by which a firm can enter foreign markets?
Why might a company want to engage in exporting?
What is indirect exporting, and how does it differ from direct exporting? What are the main types of indirect exporting, and what are the primary strengths and weaknesses of each type?
What are the distribution options that a direct exporter can use, and what are the primary strengths and weaknesses of each type?
What entry mode do fashion designers such as Pierre Cardin, and some high-tech firms like Texas Instruments, share in common? Why might this be an attractive option for entering foreign markets?
Under what circumstances might piracy be beneficial to an exporter?
Why would a global firm or multinational require that a wholly owned foreign subsidiary sign a management contract when it already owns the subsidiary?
Under what conditions might a company prefer a joint venture to a wholly owned subsidiary when making a foreign investment?
Explain the various export payment terms that are available and the protection they offer the seller.
What is a foreign trade zone? Check with a customhouse broker or a U.S. Customs official or do some online research to determine the advantages of a foreign trade zone over a bonded warehouse.
What are the purposes of an export bill of lading?
An importer brings plain sports shirts into the U.S. because the import duty is lower than it is for shirts with adornments. In New Jersey, the importer sews on a figure of a fox. Could the importer
What does a customhouse broker do?
Louis Vitton CEO Yves Carcelle says, "One to two thousand people is all you need. You can't judge by average income-average doesn't mean anything." Although he was speaking about the luxury goods
What future do you see for global advertising?
As people become more-educated and living conditions improve, do their product preferences converge?
What is the basis of the reasoning for a panregional approach?
Arguably, food retailing in Japan and Europe is becoming more like that in the U.S. What changes made this possible?
Assume you are a consultant to Nintendo, shortly before the introduction of the Wii U. What advice would you give Nintendo about making the device attractive to various foreign customers?
What cultural problems might you encounter in introducing Foursquare in foreign markets?
Farmville and Cityville are simple games played by millions of Facebook users, and the Chinese equivalent enjoys almost as much success. What do you think are the elements of Farmville and Cityville
What recent developments have caused supply chain management to become increasingly important to international companies?
Discuss some of the alternative design solutions available to a company that chooses not to completely standardize its production facilities.
What are the main differences between sequential and concurrent approaches to the design of products and services?
Why would a company choose to source raw materials, components, or other products or services from a foreign supplier?
Why does the cost of raw materials represent about 55 to 80 percent of the cost of goods sold in U.S. industry, and why has this proportion been increasing over time?
Why is indirect procurement an important focus for management attention?
What are some of the primary problems or concerns associated with sourcing from a foreign supplier?
What is the benefit to a buyer company and to a vendor company of standards such as ISO 9000?
What are the advantages to a worldwide firm of global standardization of its production facilities?
Discuss the influence of the uncontrollable environmental forces in global standardization of a firm's production facilities.
Why is the average age of the population increasing in some nations, particularly the developed countries? What are some of the implications of this trend, especially for international companies?
What are some of the quality-of-life issues executives should consider before taking their families into an expatriate experience?
The chief financial officer of the company's California division applies for this job. She has performed to everyone's satisfaction, and she seems thoroughly qualified to become the treasurer in
Classical economists assumed the labor factor of production to be immobile. Is this assumption correct in the modern world? Explain.
What is brain drain, and why does it occur? What actions might countries take in order to reduce or even reverse brain drain?
Why should the international human resource management approaches used by an international company be closely linked to the competitive strategy the company is using?
In staffing a multinational organization for service outside the IC home country, what are some advantages and disadvantages of hiring home-country personnel?
Why has there been an increasing use of third--country nationals in the foreign operations of ICs?
Why are problems involving the trailing spouses of expatriate executives so common? What are some companies doing to solve those problems?
Describe how mircolending has developed as a result of its success.
How might Sarbanes-Oxley influence the progress of the convergence of international accounting standards?
How might triple-bottom-line accounting improve the social and environmental behavior of companies?
You are establishing your first overseas subsidiary. As you consider how to capitalize your business, what are your concerns about using the local and home country debt and equity markets?
A local exporter has signed a sales contract that specifies payment of $3 million in Saudi riyals in six months. Discuss the hedge options you would advise the exporter to consider.
What aspect of how foreign operations of a company are organized is key to its U.S. tax liability?
What are the differences between transaction and translation exposure?
One of the reasons for Six Apart's success is its friendly, open style of communication with its customers, even those occasional customers who make unrealistic demands or expect special treatment.
Six Apart has developed a corporate culture that reflects both the engaging personalities of Ben and Mena Trott and the generally informal "vibe" of the blog-osphere. However, as the company
A false rumor has begun circulating online that Six Apart plans to sell one of its product lines to a competitor and lay off most of the employees who currently work on those products. Alden asks
As Microsoft, Google, and other major companies join the market for blogging software and services, Six Apart is forced to lower its prices to remain competitive. Unfortunately, lower prices mean the
How are blogs, wikis, and other Web 2.0 technologies changing the practice of business communication?
Is it possible for companies to be too dependent on communication technology? Explain briefly?
How can a lack of shared experience between sender and receiver result in communication failures?
How does the presence of a reader comments feature on a corporate blog reflect audience-centered communication?
Ethical Choices Because of your excellent communication skills, your boss always asks you to write his reports for him. When you overhear the CEO complimenting him on his logical organization and
Read the following blog posting and then (1) analyze whether the message is effective or ineffective communication (be sure to explain why) and (2) revise the message so that it follows this
You are the customer service manager for a company that sells a software package used by not-for-profit organizations to plan and manage fundraising campaigns. The powerful software is complicated

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