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business
international business
Questions and Answers of
International business
=+ Who would benefit most from this action?
=+China due to concerns over censorship, what do you think the results would be?
=+3. If all foreign search engine companies declined to invest directly in
=+Is it better to engage in self-censorship than have the government censor for you?
=+2. Do you think that Google should have entered China and engaged in self-censorship, given the company’s long-standing mantra “Don’t be evil”?
=+1. What philosophical principle did Google’s managers adopt when deciding that the benefits of operating in China outweighed the costs?
=+should the company even be doing business in countries where such behavior is widespread?
=+suppliers falsified their books to give the impression that they are conforming to Wal-Mart’s code of ethics?
=+4. Given that several cases have come to light where Wal-Mart
=+ What else might it do?
=+3. Is Wal-Mart doing enough to ensure that suppliers adhere to its code of ethics for them?
=+How might this impact upon ethical behavior at its suppliers?
=+2. Wal-Mart is known for constantly demanding the very lowest prices from its suppliers.
=+? What are the costs?
=+ What are the benefits of this practice to Wal-Mart
=+1. Is it legitimate for an enterprise like Wal-Mart to demand that its suppliers adhere to a code of ethics?
=+Do you notice any similarities or differences in each group of five countries?
=+ Identify the five countries with the lowest as well as the highest CPI scores.
=+Exercise 2 The level of perceived corruption varies from culture to culture. The Corruption Perceptions Index (CPI) is a comparative assessment of a country’s integrity performance based on
=+ Find the annual Country Reports on Human Rights Practices and provide information on how the reports are prepared.
=+Begun in 1977, the annual Country Reports on Human Rights Practices are designed to assess the state of democracy and human rights around the world, call attention to violations, and—where
=+Exercise 1 Promoting respect for universal human rights is a central dimension of many countries’ foreign policy. As history has shown, human rights abuses are an important concern worldwide.
=+2. What actions could Unocal have taken, short of not investing at all, to safeguard the human rights of people impacted by the gas pipeline project?
=+1. Was it ethical for Unocal to enter into a partnership with a brutal military dictatorship for financial gain?
=+6. Reread the Management Focus feature on Unocal and answer the following questions:
=+where he was born. What should the manager do?
=+He also knows that that the big man does indeed help the poor in the rundown neighborhood of the city
=+ No threats are made, but the manager is well aware that the big man heads a criminal organization that is engaged in drug trafficking.
=+The representative tells the manager that in return for the donation, the big man will make sure that the manager has a productive stay in his country.
=+lawlessness are rife. One day, a representative of a local “big man”approaches the manager and asks for a “donation” to help the big man provide housing for the poor.
=+5. A manager from a developing country is overseeing a multinational’s operations in a country where drug trafficking and
=+4. Are facilitating payments ethical?
=+3. Under what conditions is it ethically defensible to outsource production to the developing world where labor costs are lower when
=+2. Drawing upon John Rawls’s concept of the veil of ignorance, develop an ethical code that will ?
=+local manager tells the American executive that the child is an orphan with no other means of support, and she will probably become a street child if she is denied work. What should the American
=+violation of the company’s prohibition on child labor. He tells the local manager to replace the child and tell her to go back to school. The
=+1. A visiting American executive finds that a foreign subsidiary in a poor nation has hired a 12-year-old girl to work on a factory floor, in
=+LO5 Know what managers can do to incorporate ethical considerations into their decision making.
=+LO4 Be familiar with the different philosophical approaches to ethics.
=+LO3 Discuss the causes of unethical behavior by managers.
=+LO2 Recognize an ethical dilemma.
=+LO1 Be familiar with the ethical issues faced by international businesses.
=+5. To what extent can a company like Wal-Mart change the culture of the nation where it is doing business?
=+4. What must Wal-Mart do to succeed in China? Is it on track?
=+What are the differences between these countries and Mexico?
=+3. Why do you think Wal-Mart failed in South Korea and Germany?
=+2. Why do you think Wal-Mart was successful in Mexico?
=+1. Do you think Wal-Mart could translate its merchandising strategy wholesale to another country and succeed? If not, why not?
=+etiquette around the world may help you. Using the globalEDGE Web site, find five tips regarding business etiquette in the Asian country of your choice.
=+Western cultures. For example, in Thailand it is considered offensive to show the sole of the shoe or foot to another. Prior to leaving for your first business trip to Asia, a colleague informed
=+Exercise 2 Typically, cultural factors drive the differences in business etiquette encountered during international business travel. In fact, Asian cultures exhibit significant differences in
=+ Prepare a short description of the most striking cultural characteristics that may effect business interactions in this country.
=+A colleague from Latin America recommends you visit the Centre for Intercultural Learning and read through the country insights provided for Brazil.
=+ Exercise 1 You are preparing for a business trip to Brazil where you will need to interact extensively with local professionals. Therefore, you should consider collecting information regarding
=+What does this suggest about the limits of using guanxiwang for a Western business committed to high ethical standards?
=+3. What are the ethical issues that might arise when drawing upon guanxiwang to get things done in China?
=+a way around them as Dan Mintz apparently does?
=+that obeyed all the rules and regulations, rather than trying to find
=+ What would likely happen to a business
=+2. What does the experience of DMG tell us about the way things work in China?
=+1. Why do you think that it is so important to cultivate guanxi and guanxiwang in China?
=+6. Reread the Management Focus on DMG-Shanghai and answer the follow questions:
=+3. What are the implications of Islamic values towards business for the participation of a country like Turkey in the global economy?
=+2. What does the experience of the region around Kayseri teach us about the relationship between Islam and business?
=+1. Can you see anything in the values of Islam that is hostile to business?
=+5. Reread the Country Focus on Islamic Capitalism in Turkey. Then answer the following questions:
=+(b) the likely future economic development of that country, and (c)business practices.
=+4. Choose two countries that appear to be culturally diverse. Compare the cultures of those countries and then indicate how cultural differences influence (a) the costs of doing business in each
=+3. What are the implications for international business of differences in the dominant religion or ethical system of a country?
=+2. Do you think that business practices in an Islamic country are likely to differ from business practices in the United States? If so, how?
=+1. Outline why the culture of a country might influence the costs of doing business in that country. Illustrate your answer with examples.
=+LO5 Develop an appreciation for the economic and business implications of cultural change.
=+LO4 Understand how differences in social culture influence values in the workplace.
=+LO3 Identify the business and economic implications of differences in culture.
=+LO2 Identify the forces that lead to differences in social culture.
=+LO1 Know what is meant by the culture of a society.
=+the country represents an attractive target for inward investment by foreign multinationals selling consumer products? Why?
=+5. Given what is now occurring in the Indian economy, do you think
=+How might success in these industries help to generate growth in the other sectors of the Indian economy?
=+ Why do you think India is developing strength in these areas?
=+4. India now has pockets of strengths in key hightechnology industries such as software and pharmaceuticals.
=+to foreign direct investment affect the efficiency of business, new business formation, and the rate of economic growth in India during the post-1990 time period?
=+3. How would privatization, deregulation, and the removal of barriers
=+How do you think these factors affected the rate of economic growth in India during this time frame?
=+state and private businesses, and (2) the rate of new business formation in India during the 1947–1990 time frame?
=+2. How might widespread public ownership of businesses and extensive government regulations have impacted (1) the efficiency of
=+ What are the impediments to completing this transformation?
=+ What kind of system is it moving toward today?
=+1. What kind of economic system did India operate under during 1947 to 1990?
=+Considering the MPI rankings, which developing countries would you advise such a company to enter first?
=+emerging markets on a variety of dimensions. Provide a description of the indicators used in the indexing procedure. Which of the indicators would have greater importance for a company that markets
=+conducted by the Michigan State University Center for International Business Education and Research (MSU-CIBER) to compare
=+Exercise 2 One way that experts analyze conditions in different emerging markets and cultures in transition is through the use of economic indictors. The Market Potential Index (MPI) is a yearly
=+factors are taken into consideration in this survey?
=+around the world. Provide a description of this survey and a ranking(in terms of “freedom”) of the world’s leaders and laggards. What
=+Exercise 1 The definition of words and political ideas can have different meanings in different contexts worldwide. In fact, the Freedom in the World survey evaluates the state of political rights
=+Is this a country that is attractive to international businesses?
=+5. In your estimation, what is the long-run prognosis for the Venezuelan economy?
=+What do you think might happen if oil prices retreat from their current high level?
=+4. Currently Venezuela is benefiting from a boom in oil prices.
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