BUS D270

Globalization - Answer the process of broadening international relationships among people who are divided by national boarders Reduction of Barriers - Answer movement of goods, services, capital, technology, and people Indiana's largest European Trading Partner - Answer Germany How do you measure globalization? - Answer -25% of global production is sold outside of its country of origin -restrictions are decreasing -world trade is growing (more rapidly than production) Why ...

Most globalize do business - Answer Sports Aspects of a good sports team - Answer Marketing Financial management Talent Globalization - Answer The widening set of interdependent relationships amount people from different parts of the world International business - Answer Commercial transactions, including sales, investments, and transportation, that take place between two or more countries Why study international business? - Answer It makes up a large and growing por...

Why is it important to perform a country analysis before deciding to do business in that country? a. To choose an order of expansion over time b. To decide on the most effective entry modes in a particular country c. To identify which products or services would be most suitable d. All of the answers are correct e. To decide the most suitable country in which to expand - Answer d. All of the answers are correct When corporations practice offshoring, all of the following are benefits exc...

Why did Starbucks fail? - Answer 1. Expanded too fast 2. Didn't market to Australian Cafe and Expresso Culture 3. Local Cafe > Chain 4. Coffee too sweet Globalization - Answer A process of broadening of interdependent relationships among people who are divided into national borders Reduction of Barriers - Answer Removal of blocks that inhibit the movement of goods, services, capital, technology, people International Business - Answer Any commercial transactions between 2 ...

Offshoring - Answer the relocation of business processes and services to a lower-cost foreign location particularly white-collar, technical, professional, and clerical services Outsourcing - Answer A decision by a corporation to turn over much of the responsibility for production to independent suppliers. Turnkey Operation - Answer A company sets a contract with a company abroad, trains local personnel, and then turns the key over to local management for a fee. allows host country to...

CASE: Emerging Economies: Comeback or Collapse? - Answer - By 2050, China, India, Japan, and Russia will be in greater Asia and their growth will create a second tier of robust economies for their neighbors like Singapore, The Philippines, South Korea, Indonesia, Taiwan, etc. Countries in sluggish parts of the world like Africa and South Africa will also develop. - These are known as emerging economies, and one day, they will be stronger than the economies in power right now - Sometimes th...

The broadening set of interdependent relationships among people from different parts of the world is known as ________. A) globalization B) offshoring C) franchising D) outsourcing - Answer A The broadening set of interdependent relationships among people from different parts of the world is known as ________. A) globalization B) offshoring C) franchising D) outsourcing - Answer C Which of the following is NOT a likely reason to study international business? A) Global events a...