BUS 200-prt2 || QUESTIONS WITH CORRECT SOLUTIONS!!
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Course
BUS 200
Institution
BUS 200
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 ...
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
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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