Explain global business risk and methods of minimizing it

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Reference no: EM13710142

Solve the following problem using Global Business Risk and Methods of Minimizing It

Problem 1- How valid are the methods for assaying and understanding the risks that arise in dealing with the global arena?

Part 1- Are the methods unbiased? What risk is inherent in portraying nonwestern countries in a somewhat adversarial light?

Part 2- How might this influence the preparation of U.S. executives for global roles?

Problem 2- How is the risk involved in managing teams with members of diverse ethnic, cultural, and religious backgrounds different or similar to the risk involved in managing teams with members of the same backgrounds?

Problem 3- What are the most effective ways to develop relationships with customers, suppliers, and employees in a global setting?

Part 1- What cultural aspects must be considered?

Part 2- How are the relationships different in a developed country, such as Japan or the United Kingdom, and a developing country, such as China, Brazil, or India?

I need help to explains issues related to global business risk and also included what are the most effective ways to develop relationships with suppliers, customers and employees in a global setting in the solution.

Reference no: EM13710142

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