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Businesses large and small now compete in a truly global economy. To be successful in another country it is essential to understand and appreciate the cultural differences that exist. Business practices and ideas that work well here in the United States may not necessarily be expected to do so in other cultural environments.
If you were considering an expansion of your current business into an Asian country, what cross cultural challenges might you encounter?
Task:A. Discuss three major cross-cultural differences that would need to be taken into consideration if your company were to expand into this market based on your selected country.B. Compare U.S. business practices to practices in your proposed country for each of the following:1. Product2. Price3. Promotion4. PlaceNote: You are not required to create an actual full scale marketing plan, but each of the 4P's of the marketing mix must be individually addressed.C. Discuss two distinct ethical issues that you will need to understand and respect as your business expands into your selected country.
Using demand and supply analysis to assist you, determine the effects on the exchange rate between the British pound and the Japanese yen from:
The health care industry desires to get bigger and that its only option is a merger. Now the industry is confronted with the government regulations to oversee merger.
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A big level of international trade protectionism is required if developing nations are going to be able to industrialize and develop their own domestic industries in face of fierce foreign competition.
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Assume that the world value of kiwi fruit is $20 per case and the United States equilibrium price with no international trade is $35 per case.
China has fundamental interest in determined outcome itn these negotiations. Givenits relative openness, it has an offensive interest in ensuring a reduce of tariffs for many of its key manufactures in many third nations.
The Ecuadorian Sucre is trading for $0.000425 today and you are redeeming an Ecuadorian 1-year bill that you bpught one year ago when the Sucre was at $0.0005.
Based on the Keynesian theory in does it matter what the money is spent on? discuss and explain the amount of stimulative effect we can expect, depending on how the stimulus is financed.
Corporation A, a low rated company, desires a fixed-rate, long term loan. A currently has access to floating interest rate amount at a margin of 1.5 percent over LIBOR.
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