Discuss the characteristics of international, multidomestic, global, and transnational strategies. Include situations and a specific example in which each strategy would be most appropriate. International strategies are adopted when there is an urge to get into new international markets. These …
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Explain why the argument that “anything that is legal is ethical” is insufficient. The argument that “anything that is legal is ethical” is insufficient due to many reasons. Some of them are as follows. Laws are made with time looking …
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What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business? In organizational ethics, relativism refers to the ethics that are considered when keeping the ethics of a specific culture or society …
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Which stakeholders must companies satisfy? What role should stakeholders play in a firm’s internal code of conduct? According to the stakeholder theory, it is the responsibility of an organization to satisfy all of its stakeholders (Phillips, 2003). I have the …
How do countries differ in terms of taxation? In regards to taxation, why do some MNEs turn to offshore financial centers? Why are offshore financial centers a concern to the OECD? Countries differ in terms of taxation. It could depend …
How do exchange rate changes affect a company’s marketing, production, and financial decisions? What predictors should a manager monitor to forecast exchange rate changes? Exchange rate refers to the value of the currency of one county to that of another …
What are core competencies? How do firms that adopt an international strategy utilize their core competencies? How do firms that adopt a transnational strategy utilize their core competencies? A core competency is the ability of an organization that makes it …
What is the relationship between the five-forces model and a firm’s international business strategy? Provide examples to illustrate your answer. Five-forces model is concerned with the five factors i.e. competitors, new entrants, suppliers, buyers and substitute products and their impact …
Discuss the characteristics of international, multidomestic, global, and transnational strategies. Include situations and a specific example in which each strategy would be most appropriate. International strategy: companies make international strategies when they aim to target an international market for their …
Explain why the argument that “anything that is legal is ethical” is insufficient. The argument that anything that is legal is ethical is a great misunderstanding in my opinion. In simple terms I would say that was Holocaust ethical as …
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