What are the two primary means to set up a WOS?
One way to set up a WOS is to establish greenfield operations. This means to build new factories and offices from scratch. The other way to establish a WOS is an acquisition. The advantage of this is it adds no new capacity and results in faster entry speed.
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International Business
- The textbook states that leadership can be a root cause of unethical behavior. Explain how this can be and if you agree.
- List and contrast the advantages and disadvantages of Individualism versus Collectivism.
- Milton Freidman stated in his famous article in the New York Times in 1970 that "the social responsibility of business is to increase profit." Do you agree or disagree? Explain your position.
- How would business practices in an Islamic country differ from business practices in a Christian country?
- What are the implications for international business of differences in the dominant religion or ethical system of a country?
- The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms. Evaluate this statement.
- What is the relationship among property rights, corruption, and economic progress?
- Free market economics stimulate greater economic growth, whereas state-directed economies stifle growth. Explain.
- Briefly explain which of the four organizational structures is appropriate for each of the MNE strategic choices.
- What are the two primary means to set up a WOS?
- How does the carnage of the highway support a service industry?
- What is international business? What are the primary reasons that companies engage in international business?