Why trade internationally - Study guides, Revision notes & Summaries

benefit domestic producers by limiting competition from abroad, increases prices for consumers - ️️results of VER local content requirement - ️️demands that some fraction of the product be produced domestically help domestic producers compete against low cost foreign imports and gain export markets, consumers absorb the costs - ️️results of subsidies tariffs, subsidies, import quotas, voluntary export restraints, local content requirement, antidumping policies - ️️6 instru...

BUAD 331 Final Exam Questions and Answers Latest Update Graded A+ Why might a company consider expanding its supply chain internationally? All of the above (To obtain access to lower-cost suppliers To take advantage of a skilled labor base in another country To support international expansion of sales To fend off competition from an international competitor) What is the biggest cause of difficulties in working with another culture? Different ways of making decisions and approaching b...

Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above - ANSWERall of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) Different ways of making decisions and approaching ...

MGT 300 Test 1 (Chapters 1-4) Questions and answers, graded A+/ verified. "High touch" jobs - -jobs when managers deal with people rather than computer screens or voiceresponse systems Administrative management - -is concerned with managing the total organization Among the five reasons given for why companies expand internationally, which is the most important? Why? - -Wholly-Owned Subsidiaries because they are the highest risk and investment Asia-Pacific Economic Cooperative (APEC) -...

Why might a company consider expanding its supply chain internationally? 1) To obtain access to lower-cost suppliers 2) To take advantage of a skilled labor base in another country 3) To support international expansion of sales 4) To fend off competition from an international competitor 5) All of the above - Answer-all of the above What is the biggest cause of difficulties in working with another culture? 1) Language differences 2) Different ways of making decisions and approaching busin...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All of the above - Answer-E. All of the above What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency B.Economy C.Politic...

Why might a company consider expanding its supply chain internationally? A. To obtain access to lower-cost suppliers B. To take advantage of a skilled labor base in another country C. To support international expansion of sales D. To fend off competition from an international competitor E. All of the above - ANSWERE. All of the above What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency B.Economy C.Politic...

BUAD 331 Final Exam Questions & Answers(Scored A+) Why might a company consider expanding its supply chain internationally? - ANSWERAll of the above (To obtain access to lower-cost suppliers To take advantage of a skilled labor base in another country To support international expansion of sales To fend off competition from an international competitor) What is the biggest cause of difficulties in working with another culture? - ANSWERDifferent ways of making decisions and approaching busin...

WGU D080 Managing In A Global Business Environment Questions And Answers Well Illustrated. A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training - correct answer. Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? - correct answe...

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? They increase Which type of tarif...