An example of political drivers of globalization would be A. globalizing product lines to decrease costs of production. B. the introduction of competitor firms. C. increased communication created by advanced communication technologies. D. privatization of industries.
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| A. |
globalizing product lines to decrease costs of production.
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| B. |
the introduction of competitor firms.
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| C. |
increased communication created by advanced communication technologies.
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| D. |
privatization of industries.
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- The challenges that foreign firms face due to their lack of awareness regarding political, informational and cultural systems of the host country market are referred to as Select one: O a. the burden of internationalization O b. liability of foreignness O c. opportunity costs O d. internalization disadvantagesGive a critical account of Triggers of Internationalization/Globalization in the context of the passage,citing examples of your own “Most of us are surrounded by communication channels and tools that keep us constantly connected to sources ofinformation and people in our communities” (Thurlow, Lengel, & Tomic, 2004, p.83). The current communication channelclaiming responsibility for a large portion of this information and contact is computer-mediated. One of the most significantfunctions of computer-mediated communication (CMC) is its contribution to globalization. Over the past decade, theconcepts of computer-mediated communication and globalization have become synonymous. This synergy has allowedComputer-mediated communication and globalization to thrive when applied to social, academic, and business-relatedsituations.Computer-Mediated Communication DefinedComputer-mediated communication is “communication that takes place between human beings via the instrumentality ofcomputers”…Differences in customs, governmental regulations, and the cost of living are examples of (A) Global information technology (B) Transnational strategy (C) Cultural, political and geo-economics challenges (D) Global business drivers
- XYZ Inc., a media corporation headquartered in California, has its operations across different nations. The activities of the firm are affected by the government policies and the ideologies of the legislative institutions existing in the host countries. Which of the following factors are affecting the firm's operations? Economic conditions. Sociocultural conditions. Legal-political conditions. Technological conditions.2. Culture explains how we behave toward each other and with other groups especially when doing business across borders. Pretend you have been hired by ABC Company Limited. Your manager has indicated to you that the company wishes to do business in foreign markets but is worried about the cultural risk of foreign markets. With the use of an example, briefly describe to your manager ONE cross cultural risk that the company should be aware of and ONE recommendation you will make to mitigate your identified risk. A complete answer will include the use of an example to help support your explanation on the cross-cultural risk in the context of internationalization.As a highly admired international entrepreneur, you have been invited to give a speech on the need to adapt products and services when entering into global markets. Explain to your audience three reasons why localization or adaptation may need to be done by firms to ensure the success of the product or service in the foreign markets. Provide relevant examples in your explanation
- “Tourism should be banned in order to protect local environments, cultures and economies.” To what extent do you agree with this statement? Evaluate the impact of tourism in these three areas.Write up should be a minimun of 1500 words and it should contain references.How Businesses in Ghana can leverage computer application in running their business in the midst of the covid19supporters of globalization, noting its benefits, consistently reason that it _______. A) brings an end to practices like outsourcing B) curbs market flexibility in developed nations C) increases wealth and efficiency in all countries D) causes worker dislocation that gradually lowers wages
- Studying international business is important for all the following reasons except for ________. A) It explains why a government is motivated by profit. B) An understanding helps you decide what governmental policies to support. C) The best way of conducting business may differ by country. D) It helps managers to decide where to find resources and to sell. E) Modes of operations may differ from those used domestically. F) Most companies are either international or compete with international companies. G)An understanding helps you make better career decisions.Explain globalization in business and the forces causing globalization. Use relevant examples to illustrate your answerWhat has the role of the Internet had on international business?