Question:

1.) A.) In general, explain how tariffs, import quotas, and product standards affect trade and general decision-making for global businesses. B.) Further, assume that an owner has a large store that sells clothing, beauty products, and a line of food items. How could each of these barriers ( listed in part A ) affect their personal business and each of the types of products that sell in the store? Explain A, and B.)

2.) What is your opinion on the protectionist viewpoint? Can protectionist policies help, or hurt you, or both, as a global business? Explain in detail.

3.) If people wanted to do business in Mexico, of the following 5 options, which would be the top two choices for entering their market/country? Explain the reasoning for each of the top 2 choices. ( if it helps in answering this question, could usage of a specific type of business when referencing the top 2 choices. ) Choices: a.) Exports b.) Licensing c.) Franchising d.) Joint Venture e.) Foreign Direct Investment

4.) A.) If a person is going to do business in a country that has the following 5 characteristics: 1.) High Power Distance 2.) Ethnocentric 3.) Monochromic Culture 4.) High Context Culture 5.) Individualist Culture ( some of these refer to Value Dimensions relating to Global Business ) What challenges or potential problems could they face with each of these characteristics? Or, are they likely to pose no problem for them? Explain thoroughly. B.) Overall, what is the importance of cross-cultural understanding in having a successful global business experience? How could they gain cross-cultural understanding before they actually go into business in another country? Explain.

5.) A.) Discuss the reasons why some country's currencies are worth more relative to other currencies. Why do some suggest that China's currency, the Yuan, should be a higher value in foreign exchange markets than it currently is? Is there an advantage for China to keep the value of their currency lower? Explain Why, or Why not. B.) Exchange rates can vary daily and add to trading costs. To make trade easier between countries, do you think we will ever have a common currency between all countries ( a single global currency )? Why, or Why not? Explain.

6.) The two primary options for raising financial capital ( funds ) in global markets are stocks and bonds. Who can sell stocks and bonds and why do " they " do so? How are these two different options ( stocks and bonds ) different from each other as way to raise funds? How are they similar to each other? What are some of the advantages and disadvantages of trying to raise funds in global financial markets versus just domestic markets? Explain thoroughly.

7.) Your employee, RabbCo., is sending some of its employees to predominantly Muslim countries. In order to help your colleagues conduct business in a culturally sensitive manner. Explain, discuss and introduce to your colleagues about Islam in the following:

A.) Introduction to Islam in general including the concept of unity ( or " tawhid " ), The Qur'an, the Hadith ( What is expected of a Muslim as communicated by God through Gabriel to Muhammad - May Peace be Upon Him ), the idea of Mercy, and the importance of understanding Islam in general, especially to non-Muslims.

B.) Islam and Business Ethics and Islamic Economics.

A study of the career plans ofyou ng women and men sent questionnaires to all 7'22 members of the senior class of a particular college. ICline question asked which majorwithin the business program the student had chosen. Here are the data from the students who responded: _ _Im -- II II II [a] Describe the differences between the distributions of majors for women and men with percents. (Round your answers to two decimal places] Administration Finance Describe the differences between the distributions of majors for women and men in words. The biggest difference between women and men is in ---Select-- accounting administration economics nance . The field of ---Sele~::t-- accounting administration economics nance was the field most often selected by men. [b] What percent ofthe. students did not res pond to the questionnaire? The non respo rise weakens conclusio ns drawn from these data. {Round your answer to one decimal place} as Which ofthe following is correct MM propostion in a world oftaxes is based on the assumption that corporate taxes are lower than personal taxes MM proposition in a world of taxes is based on the assumption that corporate taxes are equal to personal taxes When both corporate and personal taxes are considered. the value of the firm initially.I declines with de ht a n :21 then sta rts to increase. When both personal and corporate taxes are conside red.debt nancing no longer increases the value ofthe n'n When both personal and corporate taxes are considered. debt financing still increases rm value but to a lesser extent corn pared to when personal taxes are zero Determine the category of financial benefits or costs for each scenario given in the following table. The category available: tangible benefit, intangible benefit. one-time-cost, and recurring cost. Reminder: Please separate each answer into a different line and include relevant label in front of your answer Example: a. Intangible benefit b. Intangible benefit C. Intangible benefit d. Intangible benefit No. Scenario Category Example Increased organizational flexibility Intangible benefit A. New hardware and software purchases b. Application software maintenance C. Cost and error reduction d. Faster decision makingWrite 9 Sentences For Your Response: What are the four basic essential elements necessary in valid contract? What is consideration? The following list briefly describes the four requirements that must be met for a valid contract to exist. If any of these elements is lacking, no contract will have been formed. 1. Agreement. An agreement to form a contract includes an offer and an acceptance. One party must offer to enter into a legal agreement, and another party must accept the terms of the offer. 2. Consideration. Any promises made by the parties must be supported by legally sufficient and bargained-for consideration (something of value received or promised to convince a person to make a deal). 3. Contractual capacity. Both parties entering into the contract must have the contractual capacity to do so. The law must recognize them as possessing characteristics that qualify them as competent parties. 4. Legality. The contract's purpose must be to accomplish some goal that is legal and not against public policy. Even if all of the requirements for a valid contract are satisfied, a contract may be unenforce- able if the following requirements are not met. 1. Voluntary consent. The consent of both parties must be voluntary. For instance, if a contract was formed as a result of fraud, mistake, or duress (coercion), the contract may not be enforceable. 2. Form. The contract must be in whatever form the law requires. Some contracts must be in writing to be enforceable. These requirements typically are raised as defenses to the enforceability of an otherwise valid contract