Reference no: EM133515827

Question

1. Regarding the impact of culture when doing International Business. What are the advantages and disadvantages of knowing how to recognize cultural differences?

2. Analyzes important import and export factors for successful globalization. Mention the products or services that your country imports and exports.

3. How can managers deal with external forces (devaluation, recession, country policies, country economy, demographics, etc) to achieve success in their international companies?

4. Describe the pros and cons of a company that wants to go global.

5. Bribery or the cost of doing business?:

6. You are a US citizen recently assigned as a distribution manager in a European country where bribery is relatively acceptable. Your job description includes the responsibility of accepting shipments as they enter the local port authority. On your first trip to the docks to sign for a shipment, the customs broker in charge asks you for a "tip" to clear the goods for pickup. The value of the incoming shipment is around $150,000. Knowing that the government has recently launched an initiative to reduce corruption.

a) how does he react?

b) If the additional information was useful to you, what would it be?

c) How would you proceed and why?