Bussiness Q&a

In: Business and Management

Submitted By petee1mc
Words 1489
Pages 6
Chapter Three
The World Marketplace: Business without Borders

Review Questions

1. What countries represent the largest global business opportunities for the next decade? What factors determine the size of the opportunity?

2. Why do companies tend to thrive in global markets when their country of origin enjoys a comparative advantage in their industry?

3. Explain how to calculate the balance of trade. How does the growing United States trade deficit impact the economy? Why?

4. Explain the meaning of “strong” currency and “weak” currency. What are the advantages and disadvantages of each?

5. Why is outsourcing such an attractive way for firms to tap into foreign markets? What are the risks of foreign outsourcing?

6. Outline the potential pros and cons of the 3 key strategies for developing foreign markets: exporting, licensing and franchising, and direct investment.

7. Explain how countertrading works. What are the benefits and drawbacks for both parties that engage in countertrading?

8. What are the key elements of sociocultural barriers to trade? How can companies overcome these barriers?

9. How has NAFTA impacted the U.S.? Overall, do you believe that it was a positive move for the U.S.? Why or why not?

10. What is the overarching goal of the European Union? What role has been played by the introduction of the euro?

Application Questions

1. An ever-growing world population means that there are countless opportunities for American firms to conduct business abroad, especially in developing nations. Use the Internet to research population and GDP trends around the world. Based on your findings, select five nations not mentioned in Exhibit 3.1, and investigate them further as potential markets…...

Similar Documents


...Bussiness letter #2 By: Jason Anderson Bussiness Communication Aboriginal Community Development For: Laura Chartrand Due: November 6, 2012 November 2, 2012 Ms. Helen Sklarz Director of Development Spina Bifida & Hydrocephalus Association of Ontario P.O. Box 103, Suite 1006 555 Richmond Street West Toronto, Ontario M5V 3B1 Dear Ms. Kendzierski: Re: School Practicum Position While researching the AFM website, I discovered you are hiring practicum students for the position of Residential Care Worker. I know your facility is highly regarded, and I would be pleased if I were given the opportunity to do my school practicum for your organization during the months of May and June 2013. I am currently enrolled in the Aboriginal Community Development Program at Assiniboine Community College. The program is centered around First Nations and Métis issues, you learn how to refer individuals to appropriate services, assist in solving local problems, and organize activities that promote the Aboriginal way of life. I have been working with Brandon Community Options for the past year. During this time, I have come across many individuals who have been facing many forms of crisis in their lives. I have always managed to provide exceptional support to each and every client in complex situations. I understand this type of employment brings in a lot of stress which I am able to cope with. I am passionate about bringing happiness into other people’s lives......

Words: 282 - Pages: 2


...relief sculpture____ I. pity in Italian, statue of Mary w/ dead Christ 10. tenebrism_____ J. dark and Light in Italian (Da Vinci made famous) 11. fete galantes ____ K. smoky in Italian (also Da Vinci) – to make blurry 12. symmetry _____ L. French for rebirth- the rebirth of Classical ideals 13. odalisque____ M. painting on plaster while it is still wet 14.pieta _____ N. awe-inspiring power 15.sprezzatura _____ O. large, round nudes in the 1600s 16. terribilita_____ P. sculpture that is not 3 dimensional; attached or engraved 17. cherubs_____ Q. celebrated pursuits of the idle rich; parties 18. anamorphosis_____ R. a studied carelessness 19. Renaissance_____ S. naked angels 20. Medici _____ T. the illusion of 3D space on a 2D painting 21. Sforza_____ U. a distorted projection or perspective Essay 1. Discuss your favorite work of art covered in class, so far. Why? What you liked? Disliked? 2. Least favorite? Why?...

Words: 423 - Pages: 2

Company Q

...Company Q’s recent decisions that directly affect areas of social responsibility appear to indicate that their upper management has instituted policies that are in direct opposition to what a customer-centric company would want. Their Decision to finally carry more healthy and/or organic products is one that should have been made years ago even without the continuing requests of their loyal customers. As a responsible corporate citizen they should try to offer products that will promote the health, happiness and wellbeing of their customers. The fact that their customers have been requesting these products for years only makes this ethical lapse worse. While Company Q shows they can take a step in the right direction by adding health conscious products to their inventory, their choice of products shows they are doing it for the wrong reasons. Rather than pick items that promote healthy living and are reasonably priced so as to be within the budget of most households, they have systematically chosen products with the highest margins that will net them the most profits. This decision implies that their motives are not to help their customers live happier, healthier lives but instead to cash in on their desires to provide better overall life quality for their children and other family members. How is it that a corporation whose continued existence is dependent on repeat business can’t see that having healthy customers who live longer will only increase their total......

Words: 573 - Pages: 3


...”Barbie-Q” At first the short story seems very unusual. The way the narrator describes each Barbie doll in such detail that makes you almost see them before you. But it’s not only the Barbie dolls. Even the flea market is described in a way that makes the pictures come alive before your eyes. But the unusual part is the role the Barbie dolls play. What is so special about these dolls, and what is their role? These are the questions that go through my mind. And my head tells me that there lies something bigger behind the story about these simple dolls. As I read the short story again I can focus a bit more on what is actually happening. It tells the story about two little girls who don’t care how much their toy costs, if it’s a little damaged, or if maybe a piece or two are missing. They just want to play, and that doesn’t require perfect dolls. All they need is a healthy friendship and a well-equipped imagination. Perfection and materialism isn’t everything, and maybe this is what the story is all about. The narrator, a little girl, who with the help of flawed Barbie dolls, accepts that things aren’t perfect, but that perfection isn’t everything, and thereby rejects the quest for perfection defined by society. Instead she speaks of a society, where flaws are a natural thing that shouldn’t matter a great deal. As she speaks of all these flaws, it’s unclear to us if she alludes to flaws of her own, but nevertheless she accepts them, which is something even some adults have...

Words: 353 - Pages: 2

Q&a Jurisprudence

... R outledge Revision: Questions & Answers  Jurisprudence 2011–2012 Each Routledge Q&A contains approximately 50 questions on topics commonly found on exam papers, with answer plans and comprehensive suggested answers. Each book also offers valuable advice as to how to approach and tackle exam questions and how to focus your revision effectively. New Aim Higher and Common  Pitfalls boxes will also help you to identify how to go that little bit further in order to get the very best marks and highlight areas of confusion. And now there are further opportunities to hone and perfect your exam technique online. New editions publishing in 2011: Civil Liberties & Human Rights Commercial Law Company Law Constitutional & Administrative Law Contract Law Criminal Law Employment Law English Legal System Routledge Q&A series Equity & Trusts European Union Law Evidence Family Law Jurisprudence Land Law Medical Law Torts For a full listing, visit http://www.routledge.com/textbooks/revision R outledge Revision: Questions & Answers Jurisprudence 2011–2012 David Brooke Senior Lecturer in Law and Module Leader in Jurisprudence at Leeds Metropolitan University Fifth edition published 2011 by Routledge 2 Park Square, Milton Park, Abingdon, Oxon, OX14 4RN Simultaneously published in the U S A and Canada by Routledge 270 Madison Avenue, New York, NY 10016 Routledge is an imprint of the Taylor & Francis Group, an informa business This edition published in the Taylor & Francis e-Library,......

Words: 105136 - Pages: 421

Bussiness Q&a

...Chapter Three The World Marketplace: Business without Borders Review Questions 1. What countries represent the largest global business opportunities for the next decade? What factors determine the size of the opportunity? China, India and Brazil are some of the largest growing global businesses. These comes from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages. Brazil’s population is not as large but does has a high GDP percentage, and also a high Dollar Pre Capital GDP. 2. Why do companies tend to thrive in global markets when their country of origin enjoys a comparative advantage in their industry? When their country of origin has naturally cheap raw materials or if their currency has been undervalued, they are naturally cheaper than their competitors from other countries. This gives them better margins and they thrive. 3. Explain how to calculate the balance of trade. How does the growing United States trade deficit impact the economy? Why? The money being spent to buy things from other countries is much larger than the amount of money where other countries are buying from the U.S. The deficit means we are buying more than we sell. To make up for the difference people and governments from other countries buy U.S. investments assets. 4. Explain the meaning of......

Words: 762 - Pages: 4

Bussiness Q&a

...Chapter Five Business Communication: Creating and Delivering Messages that Matter Review Questions 1. What are the 6 main barriers to effective communication? Which barriers are easiest to surmount? Why? 2. Why is nonverbal communication so important? How can you tell when nonverbal communication is effective? 3. Why is active, effective listening difficult for many people? What are 5 strategies for improving listening skills within the American culture? 4. What factors should you consider when you choose a communication channel for your messages? Should you always use the richest channel? Why or why not? 5. When you develop messages, what factors should you consider as you choose your words? Which considerations do you think are most important? Why? 6. How should the needs and expectations of your reader affect the structure of your writing? Why does it matter? 7. What steps can you take to create a smooth, conversational tone for your writing? 8. Why do so many people ignore or delete email messages? How can you boost the chances that your target audience will read your message? 9. What are your options for creating an effective opening “hook” for a verbal presentation? Why is humor not always the......

Words: 1618 - Pages: 7

The Business of Q

...Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q Q q q q q q q q q q q q q qq q q q q q q q q q q q q q q q q q q...

Words: 384 - Pages: 2

Q Analysis

...analyzed (6-12 A., representing 200-400,ug. of protein) is placed near the corner, 6 cm. from either edge. The paper is held with pne edge slightly overlapping the opening of the trough and pressed into it with a strip of sheet glass somewhat longer than the paper. After transfer to the chamber, prepared as above, the chromatogram is allowed to develop for 24-72 hr. The paper is then removed and dried in the drying cupboard, turned through a right angle, and returned to the trough. The next stage Fig. 4. Cross-section of large trough. for the second solvent during the drying of the sheets. Subsequent treatment is the same as for the strips. 228 E $ R. CONSDEN, A. H. GORDON AND A. J. P. MARTIN o o o o o o o o o o '944 .0M Q g cZ o 0 > o 0 0° t o o o o 0 o o, o o o 0Zo 66 66666666666 ,6 2 0~~~~~~~~~~~~P~ 0 ~ ~ ~ ~ ~ o 2,_§ o _ v O =oZ O o6 6 6 .o O c e c F - oC O o0I' O O 0. O O O O O CO O 2 , o 0 6 6 6 v 0 6 t_ O U: e4 aq0 co eqt- &o cqecc 6 6 6 6 6 6 6 6 6 6 6 6 6 ~66 6 0 ooooooo * W 6 65 6 C ac< -~~~~~C 9 2 0 ~~~~~~~~~~~~~~o -6e _ c OO o CO (a C O C °-. .. 0 CO o °C> 41 i. :5 0 6...

Words: 3073 - Pages: 13

John Q

...A Look at John Q HCS/235 History of Health Care Utilization in the US November 20, 2013 Brett Robinson A look at John Q Too poor to afford private health care insurance coverage, but lucky enough to qualify for Medicaid John Q faces yet another challenge. John’s father recently suffered a heart attack which brought into question his own mortality. John like many Americans is a working class man who works full time but still under the poverty level and into a substandard and overworked Medicaid system. He like many others has high blood pressure and with his father recent heart attack he would like to be checked out. Due to John’s low income he qualifies for Medicaid coverage, but also has work within his restraints. John lives in a rural community where there are local doctors however none accept Medicaid. The closest primary care physician who takes his insurance is a forty minute drive away. John also is without a car, he relies on a friend or public transportation. There are many mutable and un-mutable factors in this case. John could get a better job, which could result in better insurance coverage. “The U.S. Department of Health & Human Services states that one-quarter of America’s population lives in rural areas”(Jones, 2013). John Q lives in a rural area where his son has heart condition and is in need of a heart transplant and the closest primary care physicians is 40 miles away. John usually gets a ride to work from a friend or relies on public......

Words: 783 - Pages: 4


...Assessment 1. 1 Munteanu Corina Tesco is a british multinational grocery and general merchendise retailer headqurted in Cheshunt, Herefordshire, England, United Kingdom . It is the 3rd largest retailer in the wordl measured by profits , and the second retailer in the world measured by revenues. It has stores in 12 couuntries across Assia , and Europe and is the grocery market leader in the UK. Tesco was founded in 1919 by Jack Cohen , as a group of market stalls . The Tesco name first appeared in 1924, after Cohen purchased a of tea from T.E. Stocwell and combined those initiales with with the irst two letters of his surname and the first Tesco store opened in the 1929 in Burnst Oak , Barnett. His bussiness expanded rappidly and by 1939 he had over 100 Tesco stores accross the country. Originnaly, a UK – focused grocery retailer , since the early 1990s , Tesco has incresingly divesified geograpfically and into areas such the retailing of books , clothing, electronics, , furniture, toys , petrol and soft ware, financial services and internet services. As fir today , Tesco is one of the world’s largest retailers with over 500,000 collegues , they serve millions of customers a week into the stores and on line. Tesco is the global grocery and general merchendise , retailer , headquarted in Chesehund in the UK. The first compnie’s purpose under the retail of how much – society has chenged in recent years more sceptical about corporation , mor desired......

Words: 745 - Pages: 3


...injunctions, together with numerous concepts related to economics and society (such as khilāfah, cadālah, ibādah, etc.) are studied together and then used to ‘discover’ the economic doctrine. He termed the doctrine as the ‘upper structure’ of Islamic economics which is going to be the base and foundation where numerous particular theories can be derived (1983, vol. II, pt. 1, 22). According to him, Islamic economics is not a science as it is understood today in modern economics; Islamic economics instead, is a doctrine. The empiri­ al study of economics comes much later to c evaluate whether the application of the ideological theory in the realm of life has an ade­ uate basis in reality. The science of Islamic economics can only be q discussed once there is a doctrine that is understood and practiced by agents in the system, having the legal and social/etical institutions in place. Muhammad Arif (1987) Arif (1987) attempts to provide scientific justification of the Islamization of knowledge workplan. He sees the IOK agenda and vision as an acceptable scientific research programme (SRP) with legitimate scientific criteria. Following Einstein’s stratification process and Kuhn’s paradigm building/ scientific revolution views, he argues methodology of Islamic economics in the Islamization of economics project aims to develop stratification of primary concepts and building paradigm of Islamic economics. This is done by idealization of a broad picture of the......

Words: 10008 - Pages: 41

Bussiness Plan

...Business Plan I. Business Name : Katy Berry Ice Scramble Address: Marcelo H. Del Pilar National Highschool Ownership and Management: Aquitania,Angelika Marie G. – Operation Manager Angelo,Jea Nikole T. – Store Assistant Cruz,Diane Cristel P. – Secretary Garcia,Jasmine G. – Cashier Barawidan,Miccaella B. – Marketing Vargas,Crystal Marie G. – Auditor Aggalot,Deverlyn P. – Treasurer David,Jocil Marie T. – Silent Partner Fajardo,Eloisa Shane Q. - Service Crew Guardiano,Christine J. - Service Crew II. Capitalization ( cost of business) – ₱ 15,000 III. Financial Position : A.Capital Adequacy: (Indicators in Thousands ) Total Assets 15,000 Total Liabilities N/A Total Network 15,000 B. Liquidity Networking Capital : ₱ 10,000 C. Profitability ( Indicators in Thousands) | For One Month | For One Year | Sales Matrix: | 1,0005 x 20 =100 10 x20 =20015 x 20 =30020 x 20 =400 = 1,000 | 20,000 | Sales Growth Rate | 5 % | 5 % | Net Income | 2,000 | 24,000 | Net Income Growth Rate | 5 % | 5 % | ......

Words: 295 - Pages: 2

Company Q

...Company Q has a reputation to secure in the community. Company Q is hoping to not only keep their current clientele but also build more of it. By donating day old food the store is able not only save on publicity costs, but use the tax benefits for food donation to help with cost. To keep and build clientele the company needs to get their name out in the public eye. To do so Company Q also needs to build their reputation as a company that cares. If a business seems empathetic to the public’s needs more people will support and recommend using Company Q’s services. It gives a consumer the feeling of helpfulness and of giving back. The consumer feels good about supporting a store that cares about the local community. Radio, television, and online and print advertisements all serve to draw customers to supermarkets. Advertising among the top four supermarket chains (Kroger Co., Albertson’s Inc., Safeway Inc. and Publix Super Markets, Inc.) ran combined annual totals of $1.9 billion in the early part of the 21st century (http://www.msgcpa.com/files/Grocery.pdf). When donating food to a local food bank companies are able to save money on those costs. The food banks often times maintain public campaigns and benefit celebrations that advertise sponsors of not only money but also goods. With the food banks doing the advertising of the company’s generosity Company Q is able to project a positive community image and save on advertising costs. When it comes to allowable......

Words: 482 - Pages: 2

John Q

... John Q Melonie Krumm English 225: Introduction to Film Fawn vonFrohling August 13, 2012 John Q Directed by: Nick Cassavetes Wrote by: James Kearns Film Editing by: Dede Allen Casting by: Matthew Barry and Nancy Green-Keyes Production Design by: Stefania Cella Art Direction by: Thomas Carnegie and Elis Lam Set Decoration by: Clive Thomasson Costume Design by: Beatrix Aruna Pasztor Produced by: Mark Burg and Oren Koules Co-executive producer: Howard Burkons and Dale De La Torre, Executive producer: Michael De Luca, Avram 'Butch' Kaplan, and Richard Saperstein Co-producer: Mathew Hart, James Kearns and Hillary Sherman Throughout my life I have watched numerous movies and only a few of them have really caught my attention. The movie that I have chosen to critique is called John Q. This movie was released in Feburary2002 (IMDB, 1990-2012) and has a little bit of everything in it: drama, suspense, and a lot of emotion. The main actor in this movie is Denzel Washington. In the movie, “written in 1993 during the Clinton health-care-reform battle (Kluger and Bjerklie (2002)” as a nation were struggling with everything, especially health care. Denzel portrays a dad that cannot afford a heart transplant for his son and under all of the stress he snapped. In order to get what he wanted he took all of the people in the emergency room hostage. This movie is filled with emotion and it leaves me thinking, along with others, about what I would do in that......

Words: 1993 - Pages: 8