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Risks and consequences of globalization
Risks and consequences of globalization
Risks and consequences of globalization
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International Business
Question No 1:
Describe the four basic levels of international business activity.Do you think any organization will achieve the fourth level?Why or why not.
Question No 2:
For each of the four globalization strategies, describe the risks associated with that strategy and the potential returns from that strategy. __________________________________
Answer for question No 1:
The four general levels of international buisness activity are:
1. Domestic business
2. International business
3. Multinational business
4. Global business.
Domestic Business: Is the one that acquires all of its resources and sells all of
its products ot services within a single country.(8/143)
Interational business: Is the one that is based primarily in a single country
but acquires some meaningful share of its resources or revenues (ot both)
from othe countries. (8/143)
Multinational business: The one that has a worldwide marketplace from
which it buys raw mateials, borrows money, and manufactures its products
and to which it subsequently sells its prducts.(8/143)
Global business: Is the business that transcends national boundaries and is not
committed to a single home country.(8/143)
In my opinion there is no opportunity for a business to achieve this
level of Iinternationalization.The reason is that all business in all over the world are
controled by the government which are committed.There is no way for a business
...
Penelope is the most important female character in the epic because Odysseus ' homecoming is centered on reconnecting with her. Ten years has past and Odysseus has still not returned from the war and is seemingly dead. Many suitors desire to replace him, by taking Penelope 's hand in marriage and Odysseus ' property. While unsure of Penelope 's attitude towards these suitors, readers are constantly reminded of her faithfulness to Odysseus. Although Odysseus does not know whether Penelope remains faithful to him, he still yearns to come home. “The expectations and limitations of the male and female roles in the Odyssey are accepted and never questioned”. (Whittaker 40) Society expects women in Penelope’s position to remain devoted to their significant other even after all these years and not knowing whether or not he is alive but are more forgiving to men who commit adultery like Odysseus. This situation once again brings up the question of a double standard modeled in The
Hill, C.W.L (2005). International Business: Competing in the Global Marketplace (5th ed.). McGraw-Hill/Irwin. New York, NY
Since the role of the nurse is changing in Thailand, there is providing more opportunity for nurses to work toward a professional career by increasing the number of doctoral nursing students, expanding the nurse practitioner, and publishing the research study. Typically, I hope that collaborating with the faculty of the School of Nursing, CUA will contribute to my knowledge, research proficiency, enable me to publish scholarly journal and shape my educational efforts for the health care system in Thailand. These are the most important components of my career path.
The international business development has heightened the importance of international market selection (IMS) of companies, especially for their exporting strategy. However, not many companies really comprehend the geographical, social, economic characteristics of foreign countries in comparison with their home countries (Cavusgil, 1985). This fact has challenged many studies to create the optimal approach for IMS. The major question is: Which foreign market should a company enter? Thus, this report focuses on providing a practical consultancy to evaluate and determine its most appropriate foreign markets.
15. Hill, Charles W.L. International Business: Competing in the Global Marketplace. New York : McGraw-Hill, 2007.
4. Discuss the forces that are leading international firms to the globalization of their sourcing, production, and marketing.
At the time of when this play was written the women weren’t considered equal to the man. So a lot of men felt superior over the women causing them to be belittled. We can tell this from the setting of the play the men gather up near the fire to keep warm and the women are in the back shadowing the men. Also when they begin to talk about women and how they worry about little trifles. Showing that they feel that there is no importance in a women everyday task. So instead of them taking out time to search the whole they only search the parts of the house that was more male dominate which cause the detectives to do a partial investigation. The men are so blinded by their cold emotionless investigation prejudiced believing that nothing important can be found in areas in the house where the wife spent most of her time. Stated in the play in this line “I guess we’ll go upstairs first- and then out to the barn and around there. You’re convinced that there was nothing important here-nothing that would point to any motive? Nothing here but kitchen things.” (446) When the down stairs area where Mrs. Wright spent most of her time was where the answers to all their unanswered question was. Their mind is clouded to the point that they disregard the main important clues as just a women’s trifles. “well, can you beat the women! Held for murder and worrying about her preserves.” (446). The men are so stuck on men being more dominant and the women being
Daniels, J. D., Radebaugh, L. H., and Sullivan, D. P., (2011). International Business: Environments and Operations. Prentice Hall, Upper Saddle River, New Jersey.
Svensson, G., 2001. 'Globalization' of Business Activities: A 'Global Strategy' Approach, Management Decision, 39(1), pp.6-18.
Globalization encourages worldwide business. Globalization is an efficient process by which all the nations of world will commonly try to set regular universal standards & regulations (both created & recommended) which will encourage business around different nations. Business around nations or elements crosswise over different fringes is called universal business.
7. Interpersonal communication will help me find that successful and satisfying life because it teaches me about others and myself. I have to understand and learn about love, trust and forgive myself before I can truly communicate these with others. I mean, I know myself. I only perceive myself from the outside, which is not enough. I need to release my inner self to the world so I can move on and be truly happy. Just like Kung Fu Panda. It’s a lot more difficult than it
International business contains all business transactions private and governmental, sales, investments, logistics, and transportation that happen between two or more regions, nations and countries beyond their political limits. Generally, private companies undertake such transactions for profit governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources includes capital, skills, and people. for international production of physical goods and services such as finance, banking, insurance, and construction.
Stonehouse, G., Campbell, D., Hamill, J. & Purdie, T. (2004). Global and Transnational Business (2nd ed.). Chichester: John Wiley & Sons.
I found this topic so interesting and motivating and I believe that I got some new knowledge and skills after attended this assignment topic. My experience has been successfully expanded as a result of attending classes, to include global approach to the international business. I found out that practice for international business has become little bit complicated due to influence of globalization.
Globalization is a global process that is changing the world. I would also like to discuss what are the benefits and drawbacks of globalization in the world from different perspectives.