CAPELLA BUS4016 Full Course

Question # 00581223
Course Code : BUS4016
Subject: Business
Due on: 11/30/2017
Posted On: 11/30/2017 06:07 AM
Tutorials: 1
Rating:
4.9/5
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CAPELLA BUS4016 UNIT 1 DQ 1,DQ 2 & DQ 3

DQ 1

Review the Discussion Participation Scoring Guide (linked in the Resources) to familiarize yourself with the participation guidelines and grading criteria for course discussions.

For this discussion:

  • Write a two- to three-paragraph essay describing your background. Include any cultural experience you may have from living in another country or working for a business that has an international component. For example, do you speak any other languages? Do you live in an area or work for a company where there is ethnic diversity?
  • Identify two or three attributes that successful global managers must possess. You will review these attributes at the end of the course to see if—and how—they have changed.
  • Note any expectations you have for this course.

Response Guidelines

Once you have posted your discussion essay, read other learners' essays. Respond to two classmates' postings. Please choose learners who have not yet received feedback.

DQ 2

For this discussion, consider the "quality vs. low cost" issues a U.S. company might face in outsourcing its supply chain (including manufacturing) overseas. Respond to the following:

  • Identify the elements of globalization, discussed in Chapter 1, that support such an outsourcing decision.
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners, identifying any cultural or global economic variables that might affect such a decision.

DQ 3

Global Economy

Answer Question 7c on page 32 of your textbook: "What would happen if the U.S. required that flat-panel displays sold in the United States must also be made in the United States? On balance, would this be a good or bad thing?" (Hill, 2016, p. 32).

  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Reply to two learners: one with a similar viewpoint and one with an opposing viewpoint. The responses between you and the other learners should take the form of a debate. Do you agree or disagree with their positions? Why or why not?

Reference

Hill, C. W. L. (2016). Global business today(9th ed.). New York, NY: McGraw-Hill.

CAPELLA BUS4016 UNIT 2 DQ 1,DQ 2

DQ 1

Read the "Venezuela under Hugo Chávez, 1999–2013" case study on page 42 in your textbook. (Note: This study was written before Chavez's death in March, 2013, but is still relevant to the political and economic situation in Venezuela.)

Answer the following questions (derived from an earlier version of this case study:

  • How did the high level of public corruption in Venezuela impact future growth rates?
  • Venezuela benefited from a boom in oil prices. What happened as oil prices retreated from those high levels?
  • Support your positions with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Once you have posted your essay, respond to at least two other learners.

DQ 2

Read the "World Expo 2020 in Dubai, UAE" case study on page 122 in your textbook.

  • Answer Question 3 on page 122: "If you were in a position to advise a Western company that was considering doing business in UAE for the first time, what would your advice be?"
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Once you have posted your discussion essay, respond to at least two other learners.

CAPELLA BUS4016 UNIT 3 DQ 1,DQ 2

DQ 1

Read the "Making Apple's iPod" case study on page 131 of your textbook. Given the readings in the course thus far, answer the following questions.

  • Why does this case raise an ethical dilemma?
  • Can retailers ever be truly surprised by the unintended consequences of their continuous pressure on manufacturers to lower prices?
  • Should consumers in the United States care?

Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to at least two other learners. When responding, act as a manager who is seeking new ways to maintain ethical business practices.

DQ 2

Research (via the Capella Library or the Internet) the issue of cyber-freedom and Internet censorship in China as it relates to Google. Then Consider the Philosophical Approaches to Ethics (starting on page 142), including the Friedman Doctrine, when answering the following question:

  • How does Google reconcile responsibility to its stockholders, as measured by company profits, with the issues and decisions they have made?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners. When responding, consider whether this is how you would have reacted to the situation. Propose an alternative decision. Read what your classmates have posted about your discussion post and adjust your evaluation, based on their feedback.

CAPELLA BUS4016 UNIT 4 DQ 1,DQ 2

DQ 1

Read the "Trade in Hormone-Treated Beef" case study on page 204 of your textbook and answer the following:

  • Should the European Union be allowed to ban certain types of meat, even though numerous other countries consider the meat safe and the World Health Organization considers the EU ban illegal?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners' posts.

DQ 2

Read the "China Limits Exports of Rare Earth Materials" case study on pages 219–220 in your textbook and answer the following:

  • What is the impact of quotas on rare earth materials from China on the price of rare earth materials in the United States, and in the country you have chosen for your course project?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners' posts.

CAPELLA BUS4016 UNIT 5 DQ 1,DQ 2

DQ 1

For this discussion, refer to the "DP World and the United States" case on page 236 in your text:

  • To what do you attribute the success of DP World in terms of a strategy of international expansion?
  • Explain what the future implications of globalization are for various types of ports in the U.S.
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to at least two other learners. Take a position regarding foreign ownership of U.S. ports:

  • Should U.S. ports be owned and managed only by U.S. corporations?
  • Do you agree or disagree with your peers' positions? Why or why not?

DQ 2

In part based on the readings for this week, answer the following questions (based on a previous edition of our textbook):

  • In hindsight, do you think it is better to protect vulnerable industries such as textiles, or to let them adjust to the changes that follow entering into free market agreements? What would the benefits of protection be? What would the cost be?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to at least two other learners.

CAPELLA BUS4016 UNIT 6 DQ 1

Based on the textbook readings for this week, as well as additional research via the Capella Library and the Internet, respond to the following:

  • Why do you think the Chinese government originally pegged the value of the yuan against the dollar?
  • What were the benefits of doing this for China? What were the costs?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners.

CAPELLA BUS4016 UNIT 7 DQ 1,DQ 2

DQ 1

Read the "Tesco's International Growth Strategy " case study on page 375 in your textbook and respond to the following:

  • Based in part of your readings for this unit, relate the different discussions of strategy to the case.
  • How should Tesco manage their global brand?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners.

DQ 2

Read the "The Jollibee Phenomenon - A Philippine Multinational" case study on page 378 in your text and respond to the following:

  • What is the strategic rationale underlying Jollibee's entry into the Middle East and later the United States?
  • Given that capital to fund expansion is limited, does it make more sense for Jollibee to expand its presence in existing geographical markets, or to expand into new geographical markets such as India?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Evaluate at least two other learners' posts.

CAPELLA BUS4016 UNIT 8 DQ 1

DQ 1

For this discussion:

  • Using globalEDGE, the Capella library, or both sources, identify and briefly evaluate at least two state and federal economic development resources available to small businesses.
  • Support your positions with additional resources from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to two other learners.

CAPELLA BUS4016 UNIT 9 DQ 1 & DQ 2

DQ 1

Read the "Global Branding of Avengers and Iron Man" case study on pages 449–450 in your Hill text. Respond to the following questions:

  • What marketing promotional strategy and tactics are Marvel Studios using to optimize their global success with Avengers and Iron Man?
  • How might Marvel Studios evolve their marketing strategy and tactics to be even more successful on a global basis in the future?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to at least two other learners.

DQ 2

Read the "Managing Expatriates at Royal Dutch Shell" case study on page 496 in your textbook. Respond to the following:

  • Given the difficulties in recruiting key personnel for foreign postings, why does Royal Dutch/Shell continue to emphasize international mobility of its workforce?
  • Support your position with one additional resource from eitherglobalEDGE or the Capella library.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Response Guidelines

Respond to at least two other learners.

CAPELLA BUS4016 UNIT 10 DQ 1 & DQ 2

DQ 1

Post your draft presentation as an attachment for classmates to review and provide you feedback to include in your final version, which is due Friday. In preparation for the peer review activity, read the Guidelines for Effective Peer Review.

Then provide feedback to two classmates.

A peer review provides objectivity and a fresh perspective, and can be used to add clarity to your work. The feedback you receive encourages self-reflection, as you consider how to incorporate these comments to revise and strengthen your work. The end result is a stronger body of work.

Giving Feedback

When giving feedback, address the following criteria using the peer review feedback form provided in the resources section:

  • Identify the strengths of the work first, then identify areas that would benefit from expansion or clarification.
  • Comment on how well the draft analyzes the cultural communications that affect international business in the country selected.
  • Comment on how well the draft evaluates various patterns of organizational structures and hierarchies.
  • Comment on how well the draft distinguishes how culture affects methods of negotiation in international business in the country selected.
  • Comment if the draft recommends whether or not to launch the product in the selected country.
  • Comment on how well the draft complies with APA formatting guidelines for citations and references
  • Comment on the specific feedback questions posted by the author.

As you respond to each of the items above, provide specific examples from the paper of what is working or not working for you. Also, avoid focusing your comments on issues of grammar and copy editing, but if there are glaring issues within the work you can mention it. Remember to be constructive and respectful in your comments. The bulk of your feedback should be about how well the learner is achieving the objectives of the project.

Receiving Feedback

When receiving feedback from other learners, you may:

  • Thank them for their time and comments.
  • Ask any follow-up questions regarding their comments.
  • Let them know how their feedback will be used to improve the project.

Be sure to refer to the Feasibility course project description as create your draft and as you provide feedback to your fellow learners. As a reminder, the project criteria are as follows:

  • Analyze the cultural communications that affect international business in the country selected.
  • Evaluate various patterns of organizational structures and hierarchies.
  • Distinguish how culture affects methods of negotiation in international business in the country selected.
  • Recommend whether or not to launch product in selected country.

Response Guidelines

Respond to at least two learners.

DQ 2

Return to the first discussion activity of the course ("Introductions"). Review the attributes you identified that a business manager needs, to conduct global business. Reflect on those attributes, based on what you have learned in this course. Identify any areas and topics of the course that you would like to see changed or added, and any areas that you feel were especially useful.

Response Guidelines

Respond to at least two other learners.

CAPELLA UNIVERSITY BUS4016 UNIT 1 ASSIGNMENT 1

Read the "Who Makes the Apple iPhone?" case on page 32 of your textbook.

In globalEDGE or the Capella Library, find at least one resource (in addition to the case study) that supports or rejects positions taken in the textbook.

You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource.

Write a paper of 250–500 words, addressing the following questions:

  • What are the major variables and the driving force behind this type of outsourcing?
  • Do you consider this a good practice in terms of cross-cultural communication and cross-cultural organizational structures and hierarchies? Why or why not?
  • What other functions, services, or practices might be outsourced?
  • What are some of the issues business managers should consider as they determine whether or not to outsource such functions?

Important Note: There will be a deduction of points in your grade if proper APA format is not used.

Submit your paper in the assignment area.

CAPELLA UNIVERSITY BUS4016 UNIT 2 ASSIGNMENT 1

By the end of this unit, submit the opportunity selection component for your global feasibility project. To complete this assignment, select a product and a country from the lists linked to in the Resources. Then, develop a proposal brief stating why you believe this particular product would be a good idea for consideration in the country you have chosen. Develop your proposal by conducting preliminary background research to determine what other companies are doing business in your chosen country, your rationale for this particular product and country, and the issues and opportunities that you envision. This is not intended to be an in-depth analysis. Rather, it is meant to be a brief for consideration by top management that will lead to further feasibility study. Provide initial evidence to support your selection of product and country.

Use the following guidelines when writing your brief:

  • Content:This paper should be written in the form of a memo to upper management. It should include the following elements:
    • A 1–2-page attachment that describes the opportunity and evidence to support it.
    • Speculate on the organizational structures and hierarchies that will need to be dealt with when launching the selected product in the selected country.
    • Identify potential cultural aspects that could influence negotiations.
    • A recommendation for further study.
    • A summary of next steps that you will take to determine feasibility. Look at future project deliverables.
  • Writing:For full credit, this memo and supporting attachment must be free of grammatical and spelling errors because part of a manager's success is determined by strong written communication.
  • Format and References:Identify at least three credible resources you will use to develop this opportunity, in addition to your textbook. Remember to use proper APA format when using in-text citations and references.

Important Note: There will be a deduction of points if proper APA format is not used.

CAPELLA UNIVERSITY BUS4016 UNIT 3 ASSIGNMENT 1

Review the "Philosophical Approaches to Ethics" section of your textbook, beginning on page 142. Prepare an argument to support one of the straw menapproaches (starting on page 142) to the "Unocal in Myanmar" case presented on page 133.

Write a 250–500 word essay analyzing the organizational structures and hierarchies presented in the case and the role that social responsibility plays in doing business in other countries. Include the following:

  • Which philosophical approach do you believe should apply in the case?
  • How does this approach reflect on the company?
  • How does this approach reflect on the manager?

Support your position from an ethical business management perspective.

Use the following guidelines when writing your essay:

  • Length:250–500 words.
  • Writing:For full credit, your essay must be free of grammar and spelling errors, demonstrating strong written communication.
  • Format and References:You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource. See the Resources for a link to APA guidelines on iGuide. Support your position with one additional resource from eitherglobalEDGE or the Capella library.

Important Note: There will be a deduction of points if proper APA format is not used.

CAPELLA UNIVERSITY BUS4016 UNIT 4 ASSIGNMENT 1

Once your product and company selection have been approved for further investigation, conduct an in-depth analysis of the country you have chosen for the feasibility project. This analysis should include a written description of the following:

· Country background and history.

· Location, geography, and terrain.

· Inhabitants, lifestyle, culture, and customs.

· Communication and language.

· Economy.

· Currency.

· Legal environment, including import regulations.

· Government.

· Military.

· Transportation.

· Technology.

· Housing.

· Sports.

· Weather.

· Music.

· Health.

· Industry.

· Entertainment.

· Any other pertinent information that will assist you as you determine attractiveness of this country for your product.

Highlight the similarities and differences between the country you have selected and the United States.

In addition, do the following:

· Summarize the issues you will need to consider as you continue to develop your feasibility study.

· Offer your assessment of the situation at this point in your investigation.

· Determine how strongly you still feel about the attractiveness of this opportunity.

Use the following guidelines when writing your analysis:

· Length:250–500 words.
Writing:For full credit, your analysis must be free of grammar and spelling errors, demonstrating strong written communication.

· Format and References:You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource. See the Resources for a link to APA guidelines on iGuide. Support your position with one additional resource from eitherglobalEDGE or the Capella University Library.

Important Note: There will be a deduction of points if proper APA format is not used.

CAPELLA UNIVERSITY BUS4016 UNIT 6 ASSIGNMENT 1

Determine the attractiveness of expanding your selected product market to the country you have chosen by identifying companies that may already be doing business there. Identify 2–3 competitors and describe the present situation of each. Compare the companies' offerings to your company's offerings. Based on your evaluation, answer the following questions:

    • What is the currency of the country you have chosen for your project? What are the currency risks of establishing a business presence there?
    • Is there evidence to suggest that competitors have been successful?
    • Can you establish the sales potential?
    • What price might consumers pay?
    • Is the market saturated with competitors?
    • Would your company be the first in the region?
    • Are there barriers to entry given what you have learned about the country and the competition that does business in that country?
    • Summarize your assessment of the situation at this point. Determine whether you still think it is feasible to launch your product in this country.

Use the following guidelines when writing your essay:

    • Length:250–500 words.
    • Writing:For full credit, your essay must be free of grammatical and spelling errors, demonstrating strong written communication.
    • Format and References:You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource. See the Resources for a link to the APA guidelines on iGuide. Support your position with one additional resource from eitherglobalEDGE or the Capella University Library.

Important Note: There will be a deduction of points if proper APA format is not used.

CAPELLA UNIVERSITY BUS4016 UNIT 6 ASSIGNMENT 2

Read the "Embraer and the Wild Rise of the Brazilian Real" case study on pages 285–286 of your textbook. Based on your overall readings for this unit, identify a strategy that Embraer might consider, in order to reduce its currency exchange risk associated with the Brazilian and U.S. currencies. Include the following in your paper:

  • Identify the exchange rate of the Brazilian real and the U.S. dollar.
  • Discuss the resulting value of selling goods in the United States exported from Brazil.
  • Identify how weekly changes in the exchange rate would affect profitability for exports from Brazil to the United States.
  • Identify risks related to changes in exchange rate from a management perspective.

Use the following guidelines when writing your essay:

  • Length:250–500 words.
  • Writing:For full credit, your essay must be free of grammar and spelling errors, demonstrating strong written communication.
  • Format and References:You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource. See the Resources for a link to APA guidelines on iGuide. Support your position with one additional resource from eitherglobalEDGE or the Capella library.

Important Note: There will be a deduction of points if proper APA format is not used.

CAPELLA UNIVERSITY BUS4016 UNIT 8 ASSIGNMENT 1

When considering pursuing foreign markets, a company must analyze its ability to implement and maintain its business abroad. Address the following as you continue your feasibility investigation:

· What considerations (including cross-cultural communications and negotiation issues) would your company need to make in order to launch and maintain business in your selected country?

· Identify the risks and opportunities associated with exporting the selected product to the selected country.

· Describe a proposed strategy for the launch of the product, including how you would promote the product launch.

· How would you manage this venture? What management structure would you recommend?

· Summarize production considerations, including where the manufacturing would take place and the packaging, logistics, and delivery considerations.

· What political and legal rules and regulations would need to be followed in order for your company to sell products abroad? Are there forms to file?

· What are the key fiscal considerations, such as perhaps the foreign exchange market and the international monetary system?

· How will you determine whether or not this is a profitable venture?

Discuss the elements of the internal workings of the company that you will need to carefully consider before making your final recommendation to the board of directors.

Use the following guidelines when writing your essay:

· Length:250–500 words.

· Writing:For full credit, your essay must be free of grammar and spelling errors, demonstrating strong written communication.

· Format and References:You mustuse proper APA references and in-text citations to identify both the textbook and your additional resource. See the Resources for a link to APA guidelines on iGuide. Support your position with one additional resource from eitherglobalEDGE or the Capella University Library.

Important Note: There will be a deduction of points if proper APA format is not used.

CAPELLA UNIVERSITY BUS4016 UNIT 10 ASSIGNMENT 1

Based upon the investigation and analysis that you have completed for your final project, prepare an executive summary describing the process and findings from this project and your recommendation for pursuing the product launch that you proposed. This summary should be completed as a PowerPoint presentation by Tuesdayso that it can be posted in this unit's Project – Peer Review discussion for classmate feedback.

Use the following guidelines when writing your essay:

  • Format:PowerPoint.
  • Length:15–20 slides.
  • Content:Your presentation should include the following elements:
    • Your recommendation for further study, including a summary of next steps.
    • An illustration of the pros and cons of your recommendations.
    • Graphics and media that enhance understanding of your material.
  • Writing:For full credit, your PowerPoint presentation must be free of grammatical and spelling errors, demonstrating strong written communication.

Important Note: There will be a deduction of points if proper APA format is not used.

The scoring guide for this component of your final project is included in the feasibility project description. Review the Feasibility course project description before submitting this final project component.

Submityour presentation as an assignment in the assignment area. (Note: You will also post it to the Project – Peer Review discussion in this unit.)

CAPELLA UNIVERSITY BUS4016 UNIT 5 QUIZ 1

• Question 1

4 out of 4 points

The trend from distinct national economic units toward one huge global market is commonly referred to as what?

a.

Market standardization.

b.

Cross-border integration.

c.

Globalization.

d.

Domestication.

.

• Question 2

4 out of 4 points

Globalization results in a greater degree of __________ across markets than would be present otherwise.

a.

Diversification.

b.

Diversity.

c.

Homogeneity.

d.

Heterogeneity.

• Question 3

0 out of 4 points

In producing its electronics products, Sony Corporation sources goods and services from different locations around the globe in an attempt to take advantage of national differences in the cost and quality of factors of production. This practice is made possible by the globalization of what?

a.

Finance.

b.

Production.

c.

Markets.

d.

Process design.

• Question 4

4 out of 4 points

4.Collectivism is a system that stresses the primacy of collective goals over individual goals.

True

False

• Question 5

4 out of 4 points

Totalitarianism is a form of government in which one person or political party exercises absolute control over all spheres of human life and opposing political parties are prohibited.

True

False

• Question 6

4 out of 4 points

Social democracy has had its greatest influence in the following countries:

: a.

Canada, the United States, Mexico, and Spain.

b.

India, Pakistan, Burma, Nepal, Sri Lanka, and Bhutan.

c.

Brazil, Chile, Uruguay, Ecuador, Columbia, and French Guiana.

d.

Australia, Britain, France, Germany, Norway, Spain, and Sweden.

• Question 7

4 out of 4 points

Which of the following best describes the most literal meaning of guanxi?

a.

Cross-border trading.

b.

Tacit knowledge.

c.

Relationship.

d.

Legal accountability.

• Question 8

4 out of 4 points

A __________ is a system of values and norms that are shared among a group of people and that constitute a design for living when taken together.

a.

Society.

b.

Clique.

c.

Fraternity.

d.

Culture.

.

• Question 9

4 out of 4 points

In international business settings, one of the most common ethical problems encountered involves employment practices.

True

False

• Question 10

4 out of 4 points

Ethical issues arise when environmental regulations in host countries are inferior to those in the home nation.

True

False

• Question 11

4 out of 4 points

_______ is a U.S. law regulating behavior regarding the conduct of international business in taking bribes and other unethical actions.

a.

The Foreign Corrupt Practices Act.

b.

The OECD.

c.

The Code of Business Ethics.

d.

The Friedman Doctrine.

.

• Question 12

4 out of 4 points

Zero-sum game refers to a situation in which an economic gain by one country results in an economic loss by another.

True

False

• Question 13

4 out of 4 points

_________ is the absence of barriers to the free flow of goods and services between countries.

a.

Free trade.

b.

Mercantilism.

c.

Capitalism.

d.

Market system.

• Question 14

4 out of 4 points

Considered to be the first theory of international trade, ______________ principal assertion was that gold and silver were the mainstays of national wealth and essential to vigorous commerce.

a.

Collectivism's.

b.

Mercantilism's.

c.

Capitalism's.

d.

Economic conservatism's.

• Question 15

4 out of 4 points

The Buy America Act specifies that government agencies must give preference to American products when putting contracts for equipment out for bid unless the foreign products have a significant advantage.

True

False

• Question 16

4 out of 4 points

Which of the following is a government payment to a domestic producer?

a.

Duty.

b.

Subsidy.

c.

Quota.

d.

Tariff.

• Question 17

4 out of 4 points

In the context of international trade, __________ is defined as selling goods in a foreign market at a price below their costs of production or as selling goods in a foreign market at below their fair market price.

a.

Slicing.

b.

Dumping.

c.

Slashing.

d.

Subsidizing.

.

• Question 18

4 out of 4 points

__________ status allows countries to export goods to the U.S. under favorable terms.

a.

Most favored nation.

b.

Preferential partner.

c.

Fully qualified.

d.

Cleared nation.

• Question 19

4 out of 4 points

One problem of licensing is that it does not give the firm tight control over manufacturing, marketing, and strategy in a foreign country that may be required to maximize profitability. True

False

Response Feedback: The correct answer is true. Information regarding this concept is on page 225 of your textbook.

• Question 20

4 out of 4 points

_________ occurs, according to the U.S. Department of Commerce, whenever a U.S. citizen, organization, or affiliated group takes an interest of 10 percent or more in a foreign business entity.

a.

Cross-boarder international investment.

b.

Foreign direct investment.

c.

Reciprocal foreign investment.

d.

International capital investment.

• Question 21

4 out of 4 points

The establishment of a wholly new operation in a foreign country is referred to as what?

a.

Outplacement.

b.

Green-field investment.

c.

New venture.

d.

Exporting.

• Question 22

4 out of 4 points

__________ involves producing goods at home and then shipping them to the receiving country for sale.

a.

Foreign direct investment.

b.

Licensing.

c.

Franchising.

d.

Exporting.

• Question 23

4 out of 4 points

The controlling authority within the European Union is the European Council.

True

False

Response Feedback: The correct answer is true. Information regarding this concept is on page 258 of your 8th edition textbook.

• Question 24

4 out of 4 points

Which three countries implemented the North American Free Trade Agreement (NAFTA)?

Panama, Mexico, and the United States.

b.

Canada, Brazil, and the United States.

c.

The United States, Argentina, and Mexico.

d.

Canada, Mexico, and the United States.

• Question 25

4 out of 4 points

What four countries are in the free trade area known as MERCOSUR?

Chile, Mexico, Columbia, and Paraguay

b.

Argentina, Brazil, Paraguay, and Uruguay

c.

Chile, Brazil, Uruguay, and Columbia

d.

Mexico, Columbia, Paraguay, and Uruguay

CAPELLA UNIVERSITY BUS4016 UNIT 9 QUIZ 1

CAPELLA UNIVERSITY BUS4016 UNIT 9 QUIZ 1

• Question 1

4 out of 4 points

An exchange rate is simply the rate at which one currency is converted to another. True

False

.

• Question 2

4 out of 4 points

Spot exchange rates change daily as determined by the relative demand for and supply of different currencies.

True

False

• Question 3

4 out of 4 points

Which of the following pairs correctly matches the country with its currency?

a.

South Korea, the pound.

b.

France, the deutsche mark.

c.

Japan, the yen.

d.

Great Britain, the franc.

• Question 4

4 out of 4 points

The IMF helped several Asian countries deal with the dramatic decline in the value of their currencies during the Asian financial crisis that started in 1997.

True

False

• Question 5

4 out of 4 points

What is the term for a system of institutional arrangements that countries adopt to govern exchange rates?

a.

The international comparative advantage exchange system.

b.

The international supremacy exchange system.

c.

The international monetary system.

d.

The international exchange process.

• Question 6

4 out of 4 points

Some countries try to hold the value of their currency within some range against an important reference currency. This is referred to as what?

a.

A dirty-float system.

b.

A contaminated float system.

c.

A pegged-float system.

d.

A fixed-variable system.

• Question 7

0 out of 4 points

A firm's __________ can be defined as the actions that managers take to attain the goals of the firm.

a.

Systems.

b.

Value chain.

c.

Operations.

d.

Strategy.

.

• Question 8

4 out of 4 points

_______ is the difference between total revenues and total costs.

a.

Strategy.

b.

Profit.

c.

Asset.

d.

Economies of scale.

• Question 9

4 out of 4 points

What are the two basic strategies for improving a firm's profitability?

a.

Differentiation strategy and low-cost strategy.

b.

Premier strategy and generic strategy.

c.

High-cost strategy and low-cost strategy.

d.

Comparison strategy and low-cost strategy.

• Question 10

4 out of 4 points

Which function of a firm can help create value through brand positioning and advertising? a.

Marketing and sales.

b.

Production.

c.

Research and development.

d.

Human resources.

• Question 11

4 out of 4 points

One advantage to exporting is that it avoids the costs of establishing manufacturing operations in the host country.

True

False

• Question 12

4 out of 4 points

One advantage of a joint venture is that a company benefits from a local partner's knowledge of the host country's competitive conditions, culture, language, political systems, and business systems.

True

False

• Question 13

4 out of 4 points

When making basic entry decisions, the benefit-cost-risk trade-off is likely to be most favorable in what type of country?

a.

A large country.

b.

A country with a free-market system.

c.

A country that is politically unstable.

d.

A communist country.

• Question 14

4 out of 4 points

The ability to preempt rivals and capture demand by establishing a strong brand name is an example of what?

a.

First-mover advantages.

b.

Pioneering costs.

c.

Late-entry advantages.

d.

Second-mover costs.

• Question 15

4 out of 4 points

Lack of trust in international trade is exacerbated by the distance between two parties in space, language, and culture.

True

False

• Question 16

4 out of 4 points

Countertrade is a common solution when a currency is considered nonconvertible. True

False

• Question 17

4 out of 4 points

Logistics is the activity that controls the transmission of physical materials through the value chain, from procurement through production and into distribution.

True

False

• Question 18

4 out of 4 points

ISO 9000 is a standard designed to assure the quality of products and processes.

True

False

• Question 19

4 out of 4 points

Theodore Levitt argues that the emergence of a global market calls for standardized consumer products.

True

False

• Question 20

4 out of 4 points

When markets are divided up by sex, age, income, race, or education, they are segmented by what?

a.

Geography.

b.

Economic factors.

c.

Psychological factors.

d.

Demography.

• Question 21

4 out of 4 points

What kind of distribution channel is difficult for outsiders to access?

a.

Long.

b.

Exclusive.

c.

Short.

d.

Inclusive.

.

• Question 22

4 out of 4 points

What limits a country's ability to use the same marketing message and selling approach worldwide?

a.

Source effects.

b.

Noise.

c.

Cultural differences.

d.

Globalization.

• Question 23

4 out of 4 points

An expatriate manager is a citizen of one country who works abroad in one of the companys subsidiaries.

True

False

.

• Question 24

4 out of 4 points

French is the language of world business.

True

False

• Question 25

4 out of 4 points

Which of the following is NOT a major task of the human resource function?

a.

Staffing policy.

b.

Marketing analysis.

c.

Management training.

d.

Performance appraisal.

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