What is the top political issue concerning foreign businesses?
At the top of the list of political issues concerning foreign businesses is the stability or instability of prevailing government policies.
What strategy do multinational corporations minimize political vulnerability and risk?
CardsTerm Reject ProtectionismDefinition What was the goal of the April 2009 agreement arrived at by the G20 nations, which required them to cede some sovereignty?Term LicensingDefinition Which of the following is a strategy that multinational corporations use to minimize political (p. 181) vulnerability and risk?
When a government seizes an investment of a foreign investor but some reimbursement for the assets is made the government is following a process called?
exam 1QuestionAnswerWhen a government seizes an investment of a foreign investor but some reimbursement for the assets is made, the government is following a process called:expropriationAll of the following are considered to be economic risks that can be faced by international companies EXCEPT:production costs
What effects on business customs might be anticipated from the recent rapid increases in the level of international business activity?
As the level of international business increases, business customs will have to adjust to cultural customs. We will see cultural adaptation become the norm for business interactions as international activity is increasing and it is important to a successful relationship.
What are the five main types of political risk?
Don’t let these 5 political risks sink your exports
- 1) War and civil unrest. …
- 2) Expropriation without just compensation. …
- 3) Trade losses due to embargoes. …
- 4) Environmentally influenced political risks. …
- 5) Trade disrupting sanctions. …
- Insure your trade interests.
What are the two types of political risk that affect companies?
In general, there are two types of political risk: macro risk and micro risk.
Why do terrorism experts predict multinational?
Why do terrorism experts predict multinational businesses will be targeted by terrorists more frequently? They are less well defended than government targets. … Which of the following is a strategy that multinational corporations use to minimize political vulnerability and risk?
Which agency underwrites trade and investments for US firms?
Foreign Credit Insurance Association
What principle US Agency supports US businesses abroad?
The principle U.S. agency that supports U.S. business abroad is the: A)State Department.
What is a criterion for adaptation when dealing with individuals firms or authorities in foreign countries?
Which of the following is a criterion for adaptation when dealing with individuals, firms, or authorities in foreign countries? Willingness to adapt is a crucial attitude in international marketing. Which of the following is true of adaptation in international marketing? Imperatives, electives, and exclusives.
What may happen to foreign investors when a host country’s currency is devalued?
What may happen to foreign investors when a host country’s currency is devalued? … To increase the amount of profits kept within the country.
What are the two major perceptions of time and how does each affect international business?
What are the two major perceptions of time, and how does each affect international business? A monochronic orientation to time – a rigid orientation in which the individual is focused on schedules, punctuality, and time as a resource. They view time as linear.
Why is culture important for international business?
Recognizing the importance of culture in the business world is an important step toward success in the global marketplace. Understanding a country’s culture is a sign of respect. It also helps to foster effective communication, a vital factor in business success.