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a) Discuss the necessity for a SME (Small and Medium Enterprise) to explore global business opportunity.
b) Give an example of a local SME that you think will benefit from global expansion to a specific international market and why?
c) List 3 concrete pieces of advice to the SME owner on how to expand to the foreign market based on your knowledge gained through the semester (hints: general market condition, culture characteristics)
d) What regional trade association/agreement could the SME leverage? How will a Trump presidency positively or negatively impact the SME's global expansion?
Explain the requirements for an economy to increase its production capabilities (economic growth). is the United States doing a good job of promoting economic
Suppose the economy's production function is Y = A(300N – N^2). The marginal product of labor is MPN = A(300 - 2N). Suppose that A = 10. The supply of labor is NS = 0.05w + 0.005G. what are the real wage, employment, and output?
Elucidate how should Microsoft market long distance telephone services in the new wireless telecommunications devices which also include Internet portals.
A prediction interval provides an interval estimate for:
Should Congress be more descriptively representative? How could this be ensured? Would it threaten democracy if representatives of particular demographic groups were favored in elections in order to bring about more descriptive representation?
Bob hires Johnny to sell newspapers. Bob tells Johnny to sell the newspapers for $1.00 each. Bob has given Johnny what type of authority? A female who believes that she is being paid less than her male colleague may be able to claim that the pay diff..
The demand and supply curves for the U.S. market for coffee are given by D(p)= 600 – 2p and S(p)=300 + 4p. Suppose engineers invent a cheap, organic pesticide that lowers costs to coffee producers. Assume this cost-saving measure converts to $45 USD..
Some economists and analysts have said that the Telecommunications Act of 1996 has brought forth a structural transformation in the telecommunications industry. The provisions of the bill designed to remove barriers to entry into the
Give an example of consistent Fiscal Policy and Monetary Policy that you would choose to correct unemployment gap (Recession) that you suspect in the economy?
Since Janurary 1st, 2019, what are some of the events (political, economic, social etc.), domestic and internationally, that have effected
Provide a diagram and explain why perfect competition is a natural n-opoly, where n is very large. Assume that the costs of production are C(q) = cq + f and that the demand curve is P = A - Q.
What are the key similarities and differences between Russia and China?
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