Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
17 Cards in this Set
- Front
- Back
BUS 616 Week 1 DQ1 Gross Domestic Product
|
Gross Domestic Product – the China Perspective. China has a total of 4.9 trillion GDP
in 2009. If current trends continue, China may be the world’s largest economy by 2020. Discuss the possible implications of such a development for (a) the world trading system, (b) the world monetary system. (c) the business strategy of today’s European and U.S.-based global corporations, and (d) global commodity prices. Go to the World Bank website and find China's country information to support your discussion. Respond to at least two of your fellow students’ postings |
|
BUS 616 Week 1 DQ2 Political & Economic Systems
|
Political & Economic Systems. Describe the ideologies of two different political
systems. Select two different countries of your choice for a comparison. a. Do these beliefs affect the Economic System? b. How does the legal system affect the attractiveness of a country as an investment site and/or market? Respond to at least two of your classmates’ postings. |
|
BUS 616 Week 1 Assignment Pfizer’s Drugs Testing Strategy in Nigeria
|
Did Pfizer behave unethically by rushing to take advantage of an epidemic in Nigeria to test
experimental drugs on children? c. Should it have been less opportunistic and proceeded more carefully? d. Were corners cut with regard to patient consent in the rush to establish a trial? e. Did doctors keep patients on Trovan too long when they should have switched them to another medication? f. Is it ethical to test experimental drugs on children in a crisis setting in the developing world where the overall standard of health care is so much lower than in the developed world and proper protocols might not be followed? |
|
BUS 616 Week 2 DQ1 Cultural Difference
|
Cultural Difference. Visit World Business Culture and choose two countries
that appear to be culturally diverse. Compare the culture of those countries and then indicate how cultural differences influence: a. The cost of doing business in each country b. The likely future economic development of that country c. Business Practices Respond to at least two of your classmates’ postings |
|
BUS 616 Week 2 DQ2 Trade Theory
|
Trade Theory. Why do people trade? When answering this question consider
the history of trade and how trade has influenced history. Consider the theories of Absolute and Comparative Advantage. Incorporate thoughts on the Ricardian model, Heckscher (1919) – Olin (1933) Theory, Leontief Paradox and the New Trade Theory. Respond to at least two of your classmates’ postings |
|
BUS 616 Week 2 Assignment Foreign Direct Investment
|
Foreign Direct Investment. Read the Closing Case: Lakshmi Mittal and the Growth of Mittal
Steel at the end of chapter 7 and write a 3-4 page paper in APA format with a detailed analysis that answers the following questions: a. What forces drove Mittal Steel to start expanding across national borders? b. Mittal Steel expanded into different nations through mergers and acquisitions, as opposed to Greenfield investments. Why? c. What benefits does Mittal Steel bring to the countries that it enters? Are there any drawbacks to a nation when Mittal Steel invests there? d. What are the benefits to Mittal Steel from entering different nations? e. The acquisition of Arcelor was very acrimonious, with many politicians objecting to it. Why do you think they objected? Where their objections reasonable? |
|
BUS 616 Week 3 DQ1 Regional Integrations
|
Regional Integrations. The case for regional integration is both economic and
political. The case for integration is typically not accepted by many groups within a country, which explains why most attempts to achieve regional economic integration have been contentious and halting. Select a regional integration located in Europe, America, or Asia. Perform a Strengths, Weaknesses, Opportunities and Threats (S.W.O.T.) analysis of the Regional Integration of your choice. Provide detailed examples to support your findings. Respond to at least two of your classmates’ postings |
|
BUS 616 Week 3 DQ2 Foreign Exchange Market
|
Foreign Exchange Market. One function of the foreign exchange market is to
convert the currency of one country into the currency of another. A second function of the foreign exchange market is to provide insurance against foreign exchange risk. The most common approach to exchange rate forecasting is fundamental analysis. This relies on variables such as money supply growth, inflation rates, nominal interest rates, and balance-of-payment positions to predict future changes in exchange rates. Identify a country outside of the U.S. and its currency and initial exchange rate. Answer the following questions: |
|
BUS 616 Week 3 Assignment Global Capital Markets
|
Global Capital Markets. Read Closing Case: Industrial and Commercial Bank of China at
the end of chapter 11 in your text. Write a 2-3-page paper in APA format with a detailed analysis that answers the following questions: a. Why did ICBC feel it was necessary to issue equity in markets outside of China? What are the advantages of such a move? Can you see any disadvantages? b. What was the attraction of the ICBC listing to foreign investors? What do you think are the risks for a foreigner associated with investing in ICBC? |
|
BUS 616 Week 4 DQ1 International Strategies
|
International Strategies. You’ve developed a very popular, up-scale but
reasonably priced, clothing fashion line for young people. You produce designs in a number of countries, manufacturing in low-cost locations, and with retail outlets in major U.S. and European cities. Demand is popping and you have access to plenty of production capacity and capital. Answer the following questions: a. How should you organize the business outside of the U.S.? b. Should you set-up reasonably independent companies, subsidiaries, in each foreign market? c. What would that do and not do for you? d. Or, do you want to impose a strict brand image, procedures, and central planning from headquarters, where your offices are? e. What are the pros and cons of this approach? Respond to at least two of your classmates’ postings |
|
BUS 616 Week 4 DQ2 Market Entry
|
Market Entry. Explain the First Mover Advantage and the six modes of entry
into foreign markets. Identify a foreign market that you will be entering. What are the advantages and disadvantages of each? Identify the best market entry strategy that you will be using for the foreign market of your choice. Respond to at least two of your classmates’ postings |
|
BUS 616 Week 4 Assignment Import and Export/Countertrade
|
Import and Export/Countertrade. Read Closing Case: Exporting and Growth for Small
Business at the end of chapter 15 and write a 3-4 page paper in APA format with a detailed analysis that answers the following questions: a. What are the main benefits of exporting for companies like Morgan and Wadia? b. What would be the outlook for a company like Morgan Motors if it neither exported nor imported? c. What impediments to exporting success do companies such as Morgan and Wadia face? What steps can these companies take to improve their probability of succeeding in export markets? d. Is it legitimate for local and national government agencies to use taxpayer money to help small companies export? |
|
BUS 616 Week 5 DQ1 Global Production
|
Global Production. Create a hypothetical global corporation and answer the
five basic questions that deal with production: a. Where should production be located and should it be concentrated or dispersed? b. What should be the long-term strategic role of foreign productions sites? Should the firm abandon a foreign site if factor costs change, or is there value to maintaining an operation at a given location even if economic conditions change? c. Should the firm own foreign production or should production be outsourced? d. How should a globally-dispersed supply chain be managed? e. Should the firm manage the logistics or outsource their management? Respond to at least two of your classmates’ postings |
|
BUS 616 Week 5 DQ2 Global Marketing
|
Global Marketing. Imagine you are the marketing manager for a U.S.
manufacturer of disposable diapers. Your firm is considering entering the Brazilian market. Your CEO believes the advertising message that has been effective in the United States will suffice in Brazil. Your CEO also believes that the pricing decisions in Brazil can be left to the local managers. Detail the possible objections to both beliefs. Support your answer with examples. Respond to at least two of your classmates’ postings. |
|
BUS 616 Week 5 Assignment Country Difference in Accounting Standards
|
Country Differences in Accounting Standards. Read Closing Case: Adopting International
Accounting Standards at the end of chapter 19 and write a 2-3 page paper in APA format with a detailed analysis that answers the following questions: What are the benefits of adopting international accounting standards for (a) investors, and (b) business enterprises? b. What are the potential risks associated with a move toward the adoption of international accounting standards in a nation? c. In which nation is the move to adoption of IASB standard likely to cause the revisions in the reported financial performance of business enterprises, the United States or China? Why? |
|
BUS 616 Week 6 DQ1 Financial Management in International
Business |
Financial Management in International Business. Select a foreign market that you
will be entering and explain how the foreign investment will be financed and how the financial structure of the foreign affiliate should be configured. Respond to at least two of your classmates’ postings. |
|
BUS 616 Week 6 Research Paper
|
Research Paper. Submit an 8-10 page paper. Select a company that you are familiar with
and write a paper that evaluates all aspects of the company’s organization with respect to the concepts that you learned in this course. In the Introduction, please provide some historical background of the company and its financial and international dealings. The paper should be 8-10 pages in length excluding, cover page, abstract, graphs/figures, and reference page/s. Some concepts to consider are: a. Culture of the organization – values and norms. b. Ethics in international dealings c. Foreign Direct Investment d. Entry into the markets e. Accounting practices f. How it converts currency g. Its international strategy h. Strategic positioning i. Marketing tactics Your assignment must include at least one table and/or figure within the body of the paper. Use proper APA formatting for the caption of your table(s) or figure(s). You are required to use in-text citations, and provide |