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BUS 200-prt2 || QUESTIONS WITH CORRECT SOLUTIONS!!
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Why would a company go global? correct answers By going global businesses have the ability to diversify markets and stabilize revenue Where would a company like to go? correct answers Where the company has a competiive advantage in the market How would a company go global? correct answers By ...

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  • August 14, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • why would a company go global

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  • BUS 200
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BUS 200-prt2 || QUESTIONS WITH CORRECT
SOLUTIONS!!
Why would a company go global? correct answers By going global businesses have the
ability to diversify markets and stabilize revenue

Where would a company like to go? correct answers Where the company has a competiive
advantage in the market

How would a company go global? correct answers By utilizing different modes of entry

What are the modes of entry? correct answers Exporting, Outsourcing, Franchising, Joint
Ventures, Acquisitions, Greenfield Investments

How to manage the enviorment correct answers Kyoto Protocol(1998), The Paris
Accord(2016)

What are the underlying causes of a deterioting enviorment? correct answers Fossil fuel,
Deforestation, Industrialized Farming, Mass Consumerism, Urbanization

3 Ethical theories? correct answers utilitarianism, kantian ethics, and ethical relativism

List 5 ethical dimensions of business correct answers Recognition of human rights, Safety
systems which minimize risk to communities, Fair business practices, Safe work
environment, Transparent dealings with government officials

Primary causes of corruption correct answers Political risk, gov't bais or inteference.

Who is the main garunator of corruption in global markets? correct answers business official
paying the bribe or the gov't official asking for it

Where and why is corruption a major issue? correct answers Developing countries, mainly
based on need

Corruption as it relates to global business? correct answers Is between gov't official and a
business

Name the differences between common law and civil law correct answers Common: Based
on body of judge-made law through decided cases & Civil: Based on comprehensive codes

What are some legal risk a business takes when making international ventures correct
answers Lack of gov't transparency, bias in the legal system, potential political intereference

List 4 ways to handle legal disputes? correct answers Mediation, Arbitration, Litigation,
Investor State Dispute Settelement

List 6 ways policy in politics affects business correct answers Consumer protection, Taxation
and social changes, Financial Regulation, Employment Protection, Education and Training,
Employment protection, and Privatization of public services

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