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Saturday, July 19, 2014

Assignment for Home Practice: International Business


Assignment for Home Practice
International Business



Chapter: Introduction.

1.
a)
What do you mean by International business? What are the characteristics of International business?


b)
As a Student of International Business why should we study International Business?


c)
Point out the factors that influenced to engage in Globalization.


d)
What is Globalization? Discuss briefly the two Facets of globalization.


e)
Discuss briefly the problems of Globalization.


f)
What do you mean by International business? Why Companies Engage in International Business. Discuss briefly.


g)
What are the basic differences between Domestic business and International Business?







Chapter: Cultural Environment of International Business.

2.
a)
What do you mean by culture? Point out the components of culture.


b)
What are main factors that can cause a national culture to change over time?


c)
Discuss briefly the importance of cultural environment of International Business.


d)
What factors have encouraged the Convergence/ Merging of national cultures.


e)
Point out the Global Business Etiquette.


f)
How Organization Cultures Form. Discuss briefly.


g)
How Employees Learn Culture?


h)
What do you mean by Cultural Shock? How Cultural Shock happened?


i)
Discuss briefly the Hofstede Framework’s Individualism vs. collectivism for classifying culture in the context of Organization/ Country’s Perspective.


j)
Discuss briefly the Hofstede Framework’s Achievement vs. nurturing for classifying culture in the context of Organization/ Country’s Perspective.


k)
Discuss briefly the Hofstede Framework’s Power distance for classifying culture in the context of Organization/ Country’s Perspective.


l)
Discuss briefly the Hofstede Framework’s Power distance for classifying culture in the context of Organization/ Country’s Perspective.







Chapter : Political, Legal and Technological Environment of International Business

3.
a)
What do you mean by political ideology? Discuss briefly the political ideologies that different countries are exercising.


b)
What are the basic difference among the Capitalism, Socialism and Communism?


c)
Discuss briefly the importance of political environment of International Business.


d)
What are the major indicators for political rights?


e)
What are the major indicators for civil liberties?


f)
What are the “Four Fears” of Chinese people?


g)
Discuss briefly the political Environment of China, Europe and Middle East.


h)
Discuss briefly the Global Foundations of Law.


i)
Discuss briefly the Basic Principles of International Law.


j)
Point out the Technologies That Will Influence International Business.







Chapter: Economic Environment of International Business

4.
a)
What are the key economic forces of a country?


b)
Features of an economy


c)
Factors that determine the economic freedom/System


d)
Waht do you mean by Gross National Income (GNI) and Gross national product (GNP).  What are the basic difference between GNI and GNP.


e)
Waht do you mean by Gross Domestic Product (GDP)? How to calculate GDP.


f)
What do you meant by Economic System? Discuss briefly the types of economic systems.



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