Premium Essay

Chapter One Questions

In: Business and Management

Submitted By alexmg913
Words 1336
Pages 6
Chapter 1 Assignment

1. Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Great Britain? North America? Hong Kong?

Over the last 30 years, there has been a shift away from a world in which national economies were relatively self-contained entities, isolated by barriers to cross-border trade and investment, and by national differences in government regulation, culture, and business systems; and moving toward a world where barriers to cross-border trade and investment are declining, material cultures are becoming similar, and national economies are merging into an integrated, interdependent global economic system.
As companies from Japan and emerging markets like China play a more vital role in the world economy, the dominance of companies from the United States and Western Europe has diminished. Significant implications for British firms involve looking beyond Europe and America for investment and opportunities. Consumer spending power is growing quickly in developing countries. For North American companies, the same holds true, although the importance of the growing prosperity in Latin America suggests a potentially huge market in “their backyard.” Hong Kong is perceived as the gateway to the immense market of mainland China. Since Hong Kong firms are now less taken for granted, access to China is improving along with the move towards a market economy within China. International businesses based in all three locations are facing new opportunities and threats.

2. "The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms." Evaluate this statement.

Globalization is changing the world economy. Firms, even small ones, can no longer…...

Similar Documents

Premium Essay

Chapter One Questions

...Week 1 Chapter 1-3 questions CHAPTER ONE #3- What important changes in family patterns do you see today? Do you see positive changes, negative changes, or both? What do they mean for families, in your opinion? In today’s era family is become estranged to the way of when I grew up. When I think back to the days of me being a child there a certain rules and practices that I wish I could witness in today’s society. For instance each day when I came from school it was mandatory that I complete my homework before any other extracurricular activities.  There were no exceptions and in doing so I was able to keep a consistent GPA. Unfortunately that’s not the case in many families as we now focus on athletics, talents, and interest as the primary focus. This shift has caused many of our youth to decline academically while hoping to be the next big sensation. #4- What are some examples of a personal or family problem that is at least partly a result of problems in the society? A few problems I find to be result of problems in society include:          State of the economy- This is the worse of them all. Lack of the economy that we are in right now hurts everyone’s pocketbooks and puts all families in hard ships and the kids cannot grow up the way they should and the way they need to to live a happy and healthy life.          Single Parent Households- Some kids may feel neglected in household like this (not at all the parents fault usually) rather they have the single parents...

Words: 898 - Pages: 4

Premium Essay

Chapter One Topic Questions

...CHAPTER ONE TOPIC QUESTIONS 1. What are the three components of the C.I.A. triangle? What are they used for? The three components of the C.I.A. are: confidentiality (assurance that the information is shared only among authorized persons or organizations); integrity (assurance that the information is complete and uncorrupted); and availability (assurance that the information systems and the necessary data are available for use when they are needed). These three components are frequently used to conveniently articulate the objectives of a security program that must be used in harmony to assure an information system is secure and usable. 2. If the C.I.A. triangle is incomplete, why is it so commonly used in security? The CIA triangle is commonly used in security because it addresses the fundamental concerns of information: confidentiality, integrity and availability. It is still used when not complete because it addresses all of the major concerns with the vulnerability of information systems. 3. Describe the critical characteristics of information. How are they used in the study of computer security? Availability - enables users who need to access information to do so without interference or obstruction and in the required format. The information is said to be available to an authorized user when and where needed and in the correct format. Accuracy- free from mistake or error and having the value that the end-user expects. If information contains a value......

Words: 1295 - Pages: 6

Premium Essay

Bsop 434 Week 5 Assignment

...5 ASSIGNMENT Chapter 3: Question 3: Name the six general types of information management systems, and give one logistics application for each one that you’ve named. Chapter 13: Question 2: What is activity-based costing (ABC)? What are the five steps of the ABC process? Question 17: Describe the two issues that managers face with respect to computer and data security. Chapter 14: Question 3: What are the differences between a centralized and a decentralized logistics department? Question 20: Name the seven types of comprehensive logistics systems audits that should be performed. Which do you view as the most important? The least important? Why? Activity mode aims to provide quality study notes and tutorials to the students of BSOP 434 Week 5 Assignment in order to ace their studies. BSOP 434 WEEK 5 ASSIGNMENT To purchase this visit here: http://www.activitymode.com/product/bsop-434-week-5-assignment/ Contact us at: SUPPORT@ACTIVITYMODE.COM BSOP 434 WEEK 5 ASSIGNMENT Chapter 3: Question 3: Name the six general types of information management systems, and give one logistics application for each one that you’ve named. Chapter 13: Question 2: What is activity-based costing (ABC)? What are the five steps of the ABC process? Question 17: Describe the two issues that managers face with respect to computer and data security. Chapter 14: Question 3: What are the differences between a centralized and a decentralized logistics department? Question 20: Name......

Words: 791 - Pages: 4

Premium Essay

Phil 447n Final Exam Mcqs

...PHIL 447N Final Exam MCQs Click Link Below To Buy: http://hwaid.com/shop/phil-447n-final-exam-mcqs/ Question 1.1. (TCO 1) "Thinking about thinking" is the definition of what? (Points : 4) Development of arguments Measure of good sense Development of critical skills Writing for clarity Critical thinking Question 2.2. (TCO 1, 2, 4) In Chapter 1, we learned the definition of the term issue. The principle concern when handling an issue is whether or not (Points : 4) a given claim is true or not. a claim attaches to the conclusion or not. the majority has a position on the debate. key experts have a position on the debate. Question 3.3. (TCOs 1, 2, 3) In Chapter 1, we learned the definition of the term argument. The purpose of an argument is to (Points : 4) explain complex ideas. win adherents to a position. refute the positions of other people. support or prove conclusions. Question 4.4. (TCOs 2, 3) In Chapter 2, we learned the meaning of inductive arguments. The support that the premises provide for the conclusion of an inductive argument is best described in terms of (Points : 4) valid or invalid. sound or unsound. provable or unprovable. strong or weak. Question 5.5. (TCO 1, 2) In Chapter 2, we learned the meaning of the three modes of persuasion, as defined by Aristotle. Logos refers to arguments based...

Words: 1458 - Pages: 6

Premium Essay

Busn-380-11616 Personal Financial Planning Quiz 2

...1. Question : (TCO 2) This type of tax is assessed on specific goods and services at the time of purchase. Student Answer: Estate Inheritance CORRECT Excise General sales Value added Instructor Explanation: Chapter 4, page 106 Points Received: 1 of 1 Comments: Question 2. Question : (TCO 2) A $3,000 deposit to a tax-deferred retirement account for a person in a 25% tax bracket would result in a reduced tax bill of Student Answer: $3,000. $2,250. $1,500. CORRECT $750. $300. Instructor Explanation: Chapter 4, pages 109, 112–113 Points Received: 1 of 1 Comments: Question 3. Question : (TCO 2) A person has $3,000 in medical expenses and an adjusted gross income of $34,000. If taxpayers are allowed to deduct the amount of medical expenses that exceed 7.5% of adjusted gross income, what would be the amount of the deduction in this situation? Student Answer: $225 CORRECT $450 INCORRECT $2,550 $3,000 $34,000 Instructor Explanation: Chapter 4, page 109 Points Received: 0 of 1 Comments: $450 Chapter 4, page 109 Question 4. Question : (TCO 2) You have invested in the stock market and receive dividends. The dividend income must be reported as _____ income. Student Answer: passive earned CORRECT investment capital gain excluded Instructor Explanation: Chapter 4, page 108 Points Received: 1 of 1 Comments: Question......

Words: 1110 - Pages: 5

Premium Essay

Bsop 434 Week 5 Assignment

...ASSIGNMENT Chapter 3: Question 3: Name the six general types of information management systems, and give one logistics application for each one that you’ve named. Chapter 13: Question 2: What is activity-based costing (ABC)? What are the five steps of the ABC process? Question 17: Describe the two issues that managers face with respect to computer and data security. Chapter 14: Question 3: What are the differences between a centralized and a decentralized logistics department? Question 20: Name the seven types of comprehensive logistics systems audits that should be performed. Which do you view as the most important? The least important? Why? BSOP 434 WEEK 5 ASSIGNMENT Chapter 3: Question 3: Name the six general types of information management systems, and give one logistics application for each one that you’ve named. Chapter 13: Question 2: What is activity-based costing (ABC)? What are the five steps of the ABC process? Question 17: Describe the two issues that managers face with respect to computer and data security. Chapter 14: Question 3: What are the differences between a centralized and a decentralized logistics department? Question 20: Name the seven types of comprehensive logistics systems audits that should be performed. Which do you view as the most important? The least important? Why? BSOP 434 WEEK 5 ASSIGNMENT Chapter 3: Question 3: Name the six general types of information management systems, and give one logistics application for each one......

Words: 456 - Pages: 2

Premium Essay

Annual Report

...the questions in the annual report project. If you did not purchase the workbook you are not permitted to use this template. INTRODUCTION TO THE CORPORATE ANNUAL REPORT: A Business Application with IFRS Content 3rd edition Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to bstanko@luc.edu or tzeller@luc.edu. ISBN: 978-0-9841839-2-0 To be completed by the student and submitted with the completed annual report project according to your instructor’s requirements. Complete the following before you submit your assignment. This step is required to validate your compliance with sections 107 or 108 of the 1976 United States Copyright Act.  1. Remove the front cover of the workbook and identify: Student Name: Wesley Franklin | Term: First Term |   Selected Company: Pepsico | Instructor: Brandy Havens | 2. Print your completed electronic template.   3. Attach the following: * This page completed with all required information. * Completed Word template. Template boxes expand as you input responses. Adjust page breaks as necessary to submit a professional representation of your work. Chapter 1 - Introduction Select a Company and Gather Documents Chapter 1:......

Words: 6378 - Pages: 26

Premium Essay

Busn379 Quizzes

...1. | Question: | (TCO 1) The money markets deal with |   | Your Answer: |          | | short-term securities | |    CORRECT |          | | securities with a life of more than one year | |     |          | | securities such as common stock | |     |          | | none of the above | |     | |   | Instructor Explanation: | Chapter 1, Page 15 |   | Points Received: | 2 of 2 | 2. | Question: | (TCO 1) One major disadvantage of the sole proprietorship is |   | Your Answer: |          | | simplicity of decision-making | |    INCORRECT |          | | unlimited liability | |    CORRECT ANSWER |          | | low operational costs | |     |          | | none of the above | |     | |   | Instructor Explanation: | Chapter 1, Page 8 |   | Points Received: | 0 of 2 | 3. | Question: | (TCO 1) The appropriate firm goal in a capitalist society is |   | Your Answer: |          | | profit maximization | |     |          | | shareholder wealth maximization | |    CORRECT |          | | social responsibility | |     |          | | none of the above | |     | |   | Instructor Explanation: | Chapter 1, Page 12 |   | Points Received: | 2 of 2 | 4. | Question: | (TCO 1) The agency problem will occur in a business firm if the goal of ____________ and shareholders do not agree. |   | Your Answer: |          | | investors | |     |          | | the public | |     |          | | management | |    CORRECT | ......

Words: 5593 - Pages: 23

Premium Essay

Diversity

...South-Western Cengage Learning, 2010; ISBN-13: 978-0-538-47808-3 Course Outline: Introduction Unit 1: Chapters 1, 4, 5 Chapter 1 – Exploring the World of Business and Economics Chapter 4 – Choosing a Form of Business Ownership Chapter 5 – Small Business, Entrepreneurship, and Franchises Unit Exam Unit 2: Chapters 9, 10, 11, 6, 7 Chapter 9 – Attracting and Retaining the Best Employees Chapter 10 – Motivating and Satisfying Employees and Teams Chapter 11 – Enhancing Union-Management Relations Chapter 6 – Understanding the Management Process Chapter 7 – Creating a Flexible Organization Unit Exam Unit 3: Chapters 12, 13, 14, 15 Chapter 12 – Building Customer Relationships Through Effective Marketing Chapter 13 – Creating and Pricing Products that Satisfy Customers Chapter 14 – Wholesaling, Retailing, and Physical Distribution Chapter 15 – Developing Integrated Marketing Communications Unit Exam Unit 4: Chapters 2, 18, 20, 3 Chapter 2 – Being Ethical and Socially Responsible Chapter 18 – Understanding Money, Banking, and Credit Chapter 20 – Understanding Personal Finances and Investments Chapter 3 – Exploring Global Business Unit Exam Final Exam (cumulative) Your final grade will be based on: Four Unit Exams 40% (10% each unit exam) Final Exam 20% Case Study 10% Questions of the Day 20% Homework and class participation ......

Words: 1187 - Pages: 5

Premium Essay

Paper

...marketing mix. True False 33. A marketing strategy and all the time-related details for carrying out the strategy is a "marketing plan." True False 34. A marketing plan is a written statement of a marketing strategy and the time-related details for carrying out the strategy. True False 35. Marketing strategy planning should specify all of the operational decisions to implement the plan. True False 36. Companies such as Campbell's can only implement one marketing strategy at a time. True False 37. Most companies implement only one marketing strategy at a time. True False 38. A marketing program blends all of the firm's marketing plans into one "big" plan and is the responsibility of the whole company. True False 39. A "marketing program" blends all of a firm's marketing plans into one "big" plan. True False 40. A successful marketing program benefits the firm by increasing customer equity. True False 41. One way to increase customer equity is to find cost-effective ways to serve current customers so they buy more. True False 42. One way to increase customer equity is to find cost-effective ways to add new customers for the firm's products. True False 43. The best way to increase customer equity is to find cost-effective ways to increase earnings from current customers while bringing profitable new customers into the fold. True False 44. An extremely good plan might be carried out badly and still be profitable, while a poor but well implemented plan can lose money.......

Words: 27177 - Pages: 109

Premium Essay

Bus 405(Principles of Investment) Complete Class

...com/BUS-405-Principles-of-Investment-Complete-Course-ASHFORD-1398.htm?categoryId=-1 If You Face Any Problem E- Mail Us At Contact.Hwnerd@Gmail.Com Week 1 Assignment Annualized Returns Chapter 3 problem 18 Complete problem 18 in Chapter 3 (shown below) and submit to the instructor. Show your work to find the annualized return for each of the listed share prices. Write a 100 word analysis of the process to calculate these annualized returns. Suppose you have $28,000 to invest. You’re considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You also notice that a call option with a $40 strike price and six months to maturity is available. The premium is $4.00. MMEE pays no dividends. What is your annualized return from these two investments if, in six months, MMEE is selling for $48 per share? What about $36 per share? Week 1 DQ1 Blume’s Formula, Allocation, and Selection From Chapter 1, answer Concept Question 5: What is Blume’s formula? When would you want to use it in practice? Also, from Chapter 2, answer Concept Question 4: What is the difference between asset allocation and security selection? Remember to complete all parts of the questions and support your answers with examples from the text and other resources. Week 1 DQ2 Money Market Funds From Chapter 4, complete Problem 4: The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During the year, the assets held by......

Words: 1945 - Pages: 8

Premium Essay

Ashford Bus 405(Principles of Investment) Entire Class

...com/ASHFORD-BUS-405-Principles-of-Investment-Complete-Class-A-WORK-765747.htm If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com Week 1 Assignment Annualized Returns Chapter 3 problem 18 Complete problem 18 in Chapter 3 (shown below) and submit to the instructor. Show your work to find the annualized return for each of the listed share prices. Write a 100 word analysis of the process to calculate these annualized returns. Suppose you have $28,000 to invest. You’re considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You also notice that a call option with a $40 strike price and six months to maturity is available. The premium is $4.00. MMEE pays no dividends. What is your annualized return from these two investments if, in six months, MMEE is selling for $48 per share? What about $36 per share? Week 1 DQ1 Blume’s Formula, Allocation, and Selection From Chapter 1, answer Concept Question 5: What is Blume’s formula? When would you want to use it in practice? Also, from Chapter 2, answer Concept Question 4: What is the difference between asset allocation and security selection? Remember to complete all parts of the questions and support your answers with examples from the text and other resources. Week 1 DQ2 Money Market Funds From Chapter 4, complete Problem 4: The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During the year, the assets held by this fund......

Words: 1945 - Pages: 8

Premium Essay

Bus 405(Principles of Investment) Complete Class

...com/BUS-405-Principles-of-Investment-Complete-Course-ASHFORD-1398.htm?categoryId=-1 If You Face Any Problem E- Mail Us At Contact.Hwnerd@Gmail.Com Week 1 Assignment Annualized Returns Chapter 3 problem 18 Complete problem 18 in Chapter 3 (shown below) and submit to the instructor. Show your work to find the annualized return for each of the listed share prices. Write a 100 word analysis of the process to calculate these annualized returns. Suppose you have $28,000 to invest. You’re considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You also notice that a call option with a $40 strike price and six months to maturity is available. The premium is $4.00. MMEE pays no dividends. What is your annualized return from these two investments if, in six months, MMEE is selling for $48 per share? What about $36 per share? Week 1 DQ1 Blume’s Formula, Allocation, and Selection From Chapter 1, answer Concept Question 5: What is Blume’s formula? When would you want to use it in practice? Also, from Chapter 2, answer Concept Question 4: What is the difference between asset allocation and security selection? Remember to complete all parts of the questions and support your answers with examples from the text and other resources. Week 1 DQ2 Money Market Funds From Chapter 4, complete Problem 4: The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During the year, the assets held by......

Words: 1945 - Pages: 8

Premium Essay

Bus 405 Principles of Investment Complete Class

...us/product/bus-405-principles-investment-complete-class/ Contact us at: SUPPORT@WISEAMERICAN.US BUS 405 PRINCIPLES OF INVESTMENT COMPLETE CLASS Week 1 Assignment Annualized Returns Chapter 3 problem 18 Complete problem 18 in Chapter 3 (shown below) and submit to the instructor. Show your work to find the annualized return for each of the listed share prices. Write a 100 word analysis of the process to calculate these annualized returns. Suppose you have $28,000 to invest. You’re considering Miller-Moore Equine Enterprises (MMEE), which is currently selling for $40 per share. You also notice that a call option with a $40 strike price and six months to maturity is available. The premium is $4.00. MMEE pays no dividends. What is your annualized return from these two investments if, in six months, MMEE is selling for $48 per share? What about $36 per share? Week 1 DQ1 Blume’s Formula, Allocation, and Selection From Chapter 1, answer Concept Question 5: What is Blume’s formula? When would you want to use it in practice? Also, from Chapter 2, answer Concept Question 4: What is the difference between asset allocation and security selection? Remember to complete all parts of the questions and support your answers with examples from the text and other resources. Week 1 DQ2 Money Market Funds From Chapter 4, complete Problem 4: The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. During the year, the assets held by this fund appreciated by 2.5......

Words: 1933 - Pages: 8

Premium Essay

Midterm

...| Question : | (TCOs A, B, and C) Which of the following statements concerning users of accounting information is incorrect? | | | Student Answer: | | Management is considered an internal user. | | | | Present and prospective creditors are considered external users. | | | | Regulatory authorities, such as the SEC, are considered internal users. | | | | Taxing authorities are considered external users. | | Instructor Explanation: | See Chapter 1, page 7. | | | | Points Received: | 3 of 3 | | Comments: | | | | 2. | Question : | (TCO C) Issuing shares of stock in exchange for cash is an example of a(n) | | | Student Answer: | | delivering activity. | | | | investing activity. | | | | financing activity. | | | | operating activity. | | Instructor Explanation: | See Chapter 1, page 9. | | | | Points Received: | 3 of 3 | | Comments: | | | | 3. | Question : | (TCO C) The statement of cash flows would disclose the payment of a dividend | | | Student Answer: | | nowhere on the statement. | | | | in the operating activities section. | | | | in the investing activities section. | | | | in the financing activities section. | | Instructor Explanation: | See Chapter 1, pages 9 and 10. | | | | Points Received: | 3 of 3 | | Comments: | | | | 4. | Question : | (TCO A) Resources owned by a business are referred to as | | | Student......

Words: 2469 - Pages: 10