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Question 1. Multinational managers encounter many levels of culture. Which of the culture levels do you think might be the most difficult to manage? Why? Share an example. Which culture level do you think might be the easiest to understand? Why? Give an example of this.
Question 2. In your own words, what is your perception of free trade? Think about the advantages of free trade; what are two benefits that result from free trade? There is also a downside to free trade; what are two disadvantages resulting from free trade? Provide reasoning for your choices.
Question 3. Examine Hofstede's model of national culture. Are all four dimensions still important in today's society as it relates to the success of the multinational manager? Why, or why not? Which do you think is the least important as it relates to multinational management? Why?
Question 4. More companies are seeking to fill multinational management positions due to the influx of business growth abroad. If you were offered and accepted a position as a multinational manager, what would you do to personally prepare for the culture of a different country? Where would you seek information? What overall responsibilities would you expect of the job? How do you think the managerial responsibilities would be different from those you would face in the United States?
The largest proportion of M1 is made up of
Which of the following is a primary determinant of price elasticity of supply?
Suppose that doctors’ visits cost $20, and the typical consumer has an income of $100. Consumers spend all of their incomes on doctors’ visits and a composite good that costs $1 per unit. a) Draw a graph that illustrates the consumer’s budget constra..
Select a real world market that is not an example of perfect competition or monopoly, discuss whether you think it is more appropriate
What is the equivalent rate with (a) continuous compounding and (b) semi annual compounding?
Cultural change tends to occur when there is either a dramatic crisis, a turnover in leadership, a young and small organization or when the culture is weak.
1. Why is COVID 19 vaccine a good that has positive externalities? Explain two strategies the government can pursue in regards to a good with positive externali
Define both fiscal and monetary policy. Describe how the government uses each policy if the economy is too hot and inflation is rising rapidly.
Which of the following is not a source of cost advantage for a monopoly?
In the 1980's land prices in Japan surged upward in a "speculative bubble." Then land prices fell for 11 sytaright years between 1990 and 2001. What can we safely assume happened to land rent in Japan over those 11 years? Use graphical analysis to il..
The salvage value of either alternative is negligible at any time. If MARR is 10% per year, what present expenditure for the auxiliary equipment can plan you justify spending? Assume that you need the heating system in?nitely.
What is the average fixed cost of producing 4 units of output and What is the marginal cost of producing the third unit of output.
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