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Discussion Questions-Culture and International Trade
Culture and politics are important parts of the external environment and vary greatly, not only between, but also within each country. Research the impact of culture and politics on business using your textbook, Argosy University online library resources, and the Internet.
Respond to the following:
Why is understanding culture critical for successful international business? Give examples of how understanding culture has been important for an international business.
Classify and describe at least four different types of political systems that an international business might encounter.
What type of political system might have the greatest potential for imposing adverse political risk on an international business?
Compare at least one other system to the one you selected and explain why it has less potential for imposing political risk.
In the month of July, the company operated the production line for a total of 175 hours and produced 16,900 units of output. What was it's capacity utilization rate for the month?
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Based on the following information: VC = $2 / unit FC = $1,200 / week Rev = $6 / unit what is the break-even quantity?
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In a meeting to decide which color to paint the new executive offices, Macy feels like time is being wasted.
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A medium-sized consulting firm has a cookie cutter approach to management. Marketing and sales, consulting, training, and administration all adhere to the same styles and principles of management. The problem is that each department is vastly differe..
Describe the main areas of sustainability for LG for both environmental, social and economic sustainability.
After drafting your annotated outline and annotated bibliography for your risk management plan, post them in the discussion area. Describe any problem areas or questions you have about your project. Response Guidelines Review two other learners' o..
What two specific cultural strategic thinking techniques have you observed within your team? Did you see evidence of Cultural Intelligence (CQ)?
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