Based on the outcomes of the Industrial Age, is it vital to implement sustainable development? Why or why not?
Define intentional and unintentional communication and with relevant examples think of an instance when you communicated unintentionally. Explain whether the consequences were good or bad using your personal experience. If you had a chance to correct the unintentional communication, how would you do it?
Use Hofstede’s country comparison tool (found at the link provided below) to compare Canada (or a country you identify with) with two other countries that you are interested in or are familiar with. Explore the site - there is lots of interesting information here!
Hofstede Insights Country Comparison Tool
Write a paragraph of 550 words:
APA citations required at least 2
Use Hofstede’s country comparison tool (found at the link provided below) to compare Canada (or a country you identify with) with two other countries that you are interested in or are familiar with. Explore the site - there is lots of interesting information here!
Hofstede Insights Country Comparison Tool
Write a paragraph of 550 words:
APA citations required at least 2-3
What is your stand regarding “whom-you-know” policy in an organization when it comes to
recruitment, selection, and placement of employees? Elaborate your answer.
Explain the differences among a need, a want and demand using relevant and appropriate examples to bolster your answers. Describe the need versus the want for the following products, Powerade, Adidas and Samsung
Use Hofstede’s country comparison tool (found at the link provided below) to compare Canada (or a country you identify with) with two other countries that you are interested in or are familiar with. Explore the site - there is lots of interesting information here!
Hofstede Insights Country Comparison Tool
Write a paragraph of 550 words:
1. A foreign market entry strategy is appropriate when knowledge is well codified.
Advantage of licensing
2. Low initial investment
3. Access to local knowledge
Disadvantage of licensing
4. Potential for creating a competitor
5. License contract should include product and territorial coverage, length of the contract, quality control, grant back and cross-licensing, royalty rate and structure, choice of currency, and choice of law.
6. Also known as outsourcing. Contract Manufacturing
Advantage of Franchising
7. Overseas expansion with a minimum investment
Disadvantage of Franchising
8. Revenues may not be adequate
9. Cultural problems
Advantage of Outsourcing
10. Lower political and economic risk
Which foreign market entry strategy has high risk and high return?
Export
Licensing
Contract manufacturing
Direct Investment
Which foreign market entry strategy has low risk and low return?
Export
Licensing
Contract manufacturing
Direct Investment
In exporting strategy, products exported abroad and the home country is the same.
True
False
Export is appropriate when there is a home location cost advantage, high trade barrier, and customization is not crucial.
True
False
Indirect exporting uses intermediaries to sell products directly to customers.
The following are export intermediaries, except one.
Merchants
Agents
Export Management Companies
Exporting Department
Goods are directly exported to foreign buyers by the manufacturer. Direct Exporting
Advantage(s) of export
The benefit of learning for future expansion
Reach customers quickly
Disadvantage(s) of export
Foregoes potential location economies