Premium Essay

International Management Finals

In: Business and Management

Submitted By pricejr12
Words 20960
Pages 84
International Management, 7e (Deresky) Chapter 3: Understanding the Role of Culture

1) International firms like Starbucks and McDonald's most likely modify their business practices in Saudi Arabia because of . A) prevalent religious customs and beliefs B) poor international business relationships C) low demand for American products D) tight restrictions on foreign trade Answer: A Diff: 3 Page Ref: 91 Chapter: 3 Skill: Concept AACSB: Multicultural and Diversity

2) Women in Saudi Arabia are permitted to work alongside men as . A) lawyers B) architects C) engineers D) doctors Answer: D Diff: 2 Page Ref: 91 Chapter: 3 Skill: Concept AACSB: Multicultural and Diversity

3) All of the following statements about women in Saudi Arabia are true EXCEPT that they are . A) allowed to earn a college degree B) restricted from owning businesses C) allowed to buy designer clothing D) restricted from driving cars Answer: B Diff: 3 Page Ref: 91-92 Chapter: 3 Skill: Concept AACSB: Multicultural and Diversity 4) What is the primary reason that high-end department stores operate in Saudi Arabia given the country's dress restrictions? A) Dress restrictions only apply to certain regions of Saudi Arabia. B) Women wear designer clothes for public functions when abayas are not required. C) Wealthy men and women in Saudi Arabia are interested in the latest fashion trends. D) Saudi Arabia draws travelers from Europe who want the latest designer clothes at low prices. Answer: C Diff: 3 Page Ref: 92 Chapter: 3 Skill: Concept

5) What is the most likely reason that over half of the Saudi workforce consists of foreigners? A) high wage rates and low taxes for expatriates at Saudi-based MNEs B) negative attitudes among Saudi Arabians regarding hard work C) Saudi Arabia's tight restrictions on male and female workers D) lack...

Similar Documents

Premium Essay

International Management Final Paper with Rubric

...An Introduction to the New Global Economy and Strategies for Competing Globally APA Headings | Level  |  Format |   1 |    Centered, Boldface, Uppercase and Lowercase Headings |   2 | Left-aligned, Boldface, Uppercase and Lowercase Heading |   3 |   Indented, boldface, lowercase heading with a period. Begin body text after the period. |   4 |   Indented, boldface, italicized, lowercase heading with a period. Begin body text after the period. |   5 |   Indented, italicized, lowercase heading with a period. Begin body text after the period. | 1. Introduction. Provide a brief focus statement about your paper and what the reader can expect. 2. Global World Economy. Discuss the importance of globalization in today’s global economy. 3. Cultural and Political Differences. Discuss cultural and political differences that global managers consider when expanding abroad. Are values and ethics different in each culture? Explain. 4. Going Global Strategies. Explain why companies are forced to expand globally. Discuss possible strategies for competing globally. Evaluate the advantages and disadvantages of the different  strategies and  policies  that  firms use to enter foreign markets. What are the main factors that influence a firm’s decision of market entry? 5. Suggestions and Recommendations. Provide practical and specific recommendations and suggestions for managers and expatriate to expand in this country of your choice for this project. ...

Words: 4369 - Pages: 18

Free Essay


...Grant Thornton: Unleashing our potential Mission: to make a difference to our colleagues, our clients, our profession and our communities Vision: to be the leading audit, tax and advisory firm, serving dynamic organizations in our chosen markets Chosen markets: dynamic organizations—the space we want to own Strategic drivers: revenue growth, talent, operational excellence, distinctive client service, brand. Global values: collaboration, leadership, excellence, agility, respect, responsibility. “Without quality we have nothing” – Edward Nusbaum, CEO of Grant Thornton International “Quality is not an act, it is a habit” – Stephen M. Chipman, CEO, Grant Thornton LLP Grant Thornton International—a cohesive global organization Our global brand promise: Unlock your potential for growth Reason says: go with the well-known Instinct says: go with the know-how Factors Shaping the Profession: Globalization—impacts all we do in the professor; impacts all we do at Grant Thornton. Regulatory environment—Intensity and complexity of regulations and standards is unprecedented; accelerated push for greater transparency and accountability. Relevancy—how relevant are financial statements? How relevant is our opinion to these financial statements? Technology—driving great value and great change; adoption of technology increases the expectation for transparency. Generational change—profoundly different than any “generation”; expectation gap with the profession. Broader......

Words: 286 - Pages: 2

Free Essay


...decided to conduct an informational interview with a fellow co-worker. He informed me of the culture, benefits, and where the company stood financially because this information was not made public. In addition I asked about some of the responsibilities he could visibly see facility specialist doing. He informed me that they were in charge of all vendors, office coordination’s, and safety issues but advised me that the pay was on the short end. With this information I decided to research other positions in my field which led me to As I entered the site I noticed there was a registry. It required first and last name along with a created password. Also the site asked for my primary job category which was maintenance/facilities management. As I submitted my information the system stated that I already had an account and directed me to a login page. As I entered the page I was asked about my dream career, salary, educational level, and military status. After directing me to the University of Phoenix advertising page I was now in the site looking for relevant positions of choice. After being directed to various advertisements the system matched me to my field of work. The result was a maintenance/housekeeping job in Caldwell, OH. On the page they gave a synopsis of the company a brief job description however,...

Words: 915 - Pages: 4

Free Essay

Fenugreek Facility Management Report

...FENUGREEK RESEARCH COMPANY LTD. FACILITY MANAGEMENT REPORT EXECUTIVE SUMMARY This ten-page facility assessment report presents the findings from a three-week period of investigation in Fenugreek Research Company Ltd and relates recommendations both operationally and strategically which the Fenugreek management is advised to take to resolve the issues that surfaced during the period of investigation. Seven most pressing concerns coming from the Fenugreek staff were each dealt with in detail and suggestions for them were subsequently discussed for its feasibility. The findings of the investigation brought this Facility Manager to the conclusion that there is general dissatisfaction with the current working conditions of Fenugreek Research Company, which must be addressed individually in face of a period of uncertainty and change as the company owners look to float the firm and make it a public concern. The recommendations presented were judged for their practicability and immediacy of solution to the pressing concerns of the Fenugreek employees. INTRODUCTION Although facility management has long been practised by military, government and schools, it is a fairly new business and management discipline. As the role of the physical work environment on performance and productivity started to become more and more evident in studies, so has the field become more and more involved in a business context. In a compilation of over 40 studies of productivity improvement, changes in......

Words: 2825 - Pages: 12

Free Essay

Mbi Model

...The “M.B.I” Model Professor Joe DiStefano IMD Lausanne Switzerland L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 1 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Objectives get higher performance and the impact of our differences Test the applicability of the ideas to situations from your experience L A U S A N N E - SW IT Z E R L A N D Provide a framework for using diversity to Increase awareness of ourself and others Joe DiStefano 2 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Diversity Yields Wide range of perspectives Large variety of potential solutions for problems or opportunities Potential for synergy L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 3 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Performance of Diverse Teams Homogeneous Number of Teams Diverse Diverse Low Performance High L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 4 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Fundamental Issues Most diverse......

Words: 1995 - Pages: 8

Premium Essay

Bella Healthcare Project

...2012 | |Budget Information: The project’s budget is $ 100. | |Project Manager: Virendra Sabbanwar – +1(647) 721-0678 – | |Project Objectives: | |Choosing an international project topic; | |Receiving approval of the international project topic – “Bella Healthcare India”; | |Elaborating the Project Plan, Project Progress Report, and Final Project Report; | |Preparing presentations for Project Justification and Final Report; | |Collaborating with two other groups from PMGT 428-103 class to discuss similarities and differences that...

Words: 1982 - Pages: 8

Premium Essay

Management International Sylabus

...Portland State University School of Business Administration MGMT 446 – INTERNATIONAL MANAGEMENT Fall, 2011 Dr. Sully Taylor Office hours: 3-5 Tuesdays and by appointment. SBA 560C; email: Phone: 503 -725-3761 COURSE CATALOGUE DESCRIPTION AND PREREQUISITES: Study of the managerial functions and problems related to international business activity. The focus of this course is on the management of foreign trade, direct investments, and international operations. In addition, the political, economic, and cultural environments of international business are examined from the perspective of management. Comparative management is also treated through the study of other management systems. Prerequisite: BA 302. COURSE LEARNING OBJECTIVES: 1. To familiarize you with the major management issues organizations face when conducting business in the international arena. 2. To familiarize you with the major concepts concerning adapting management approaches to other institutional, economic and cultural environments. 3. To engage in research and learning that deepens your knowledge and understanding of other economies in the world and how to do business there. 4. To develop your ability to understand, analyze, and anticipate how international events may affect US based business organizations. REQUIRED TEXTS AND MATERIALS: International Management: Managing Across Borders and Cultures. 7th edition. Helen Deresky. Prentice......

Words: 3559 - Pages: 15

Premium Essay

Case Study of Tata Nano

...TMKT402 International Marketing Management Unit Outline – 2014 (Semester 1) Unit Coordinator: Dr. Nigel Hardiman Introduction Welcome to TOP Education and TMKT402 International Marketing Management. This document provides you with information relevant to successful completion of this unit; including the schedule of lecture topics, prescribed texts, assessment policies, assessment tasks, examinations, academic and administrative contacts and online learning support facilities. Student Handbook and Administration Office The TOP Student Handbook provides valuable general information for students and a printed copy will be provided to you. In addition, TOP staff are available to assist you personally during office hours. Office Contact Details: TOP Education Institute Suite 1, Biomedical Building, 1 Central Ave Australian Technology Park Eveleigh NSW 2015 Tel: 02 9209 4888 Unit Overview This unit deals with key international marketing concepts, analytical methods and decision tools necessary for understanding the dynamic nature of international marketing situations facing different organisations, and to make international marketing decisions to deal with such international marketing situations. Its objective is to enable students to acquire relevant knowledge and techniques to deal with the various international marketing challenges, and to develop meaningful solutions to overcome such challenges. The unit......

Words: 2563 - Pages: 11

Premium Essay

Hsu Case Studies in Channels of Distribution

...Distribution Donald K. Hsu, PhD Associate Professor Division of Business Administration Dominican College Orangeburg, New York, USA Abstract Case studies were employed as research tools, for undergraduate and MBA students for 25+ years. The International Management course was taught in two classes at an undergraduate Business program. Channel of Distribution course was given at a MBA program. Real-world examples were utilized and applied in class whenever applicable. Students did final projects individually or in a team, by employing case studies via library and internet search. Class evaluations indicated that the case studies enhanced significantly their overall learning experience. Students rated the courses good to excellent. This paper gave the summary. Keyword: Case Studies, In-Class Team Assignment, Final Projects, International Management and Channels of Distribution Harvard University, Cranfield University (UK) and many other research institutions published case studies for 25 years. International Management and Channels Distribution were taught in an undergraduate business program and a MBA program respectively. Job market is very good. A quick search on Indeed (2011) yielded 5,850 jobs for international manager and 1,160 jobs for channels distribution. This search was done for Manhattan zip code 10001, and within a twenty-mile radius. In the down economy, managers and distributors are still in great demand, CNBC (2011). Every business......

Words: 3470 - Pages: 14

Premium Essay


...Syllabus (FIN 460) - International Finance – M.W. Fall 2014-2015 Course Description The subject matter of international finance is concerned with the monetary and macro-economic relations between countries. International finance is a constantly evolving subject that deals very much with real world issues such as balance of payments problems and policy, the causes of exchange-rate movements and the implications of macro-economic linkages between countries. Credit : 3 hours Prerequisites By course :Fin 350- Financial Markets & Institutions Eco 202- Macroeconomics Textbook : Fundamentals of Multinational Finance, 4th edition, 2012. Moffet/Stonehill/Eitman, Pearson, Prentice Hall. Supportive text : International Financial Management, Bekaert,Hodrick International Money and Finance: 7th edition by Michael Melvin Instructor : George El Kazzi, MMB Office Hours : M.W.F. from 6-7 pm E-mail : Business Division e-mail: ________________________________________________________________________ Course Objectives To study the role that international trade and investment, currency movements, derivative Instruments, hedging strategies, international financial markets, and international agreements and......

Words: 892 - Pages: 4

Premium Essay


...AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH Faculty of Business Administration Department of Human Resource Management BBA Program COURSE OUTLINE I - Course Code and Title: HRM 6006, HRM in Global Business Environment II - Credit : 3 III- Course Instructor: Erfan Haque III - Course Description: This course aims to develop the professional skills of future managers in the areas of international human resource management and cross-cultural management. This course exposes students to Global issues in HRM. Topics include job analysis; legal and measurement issues related to staffing, employment testing, interviewing, training and selection decision-making strategies in the Global context. It is most suitable for third year students who have completed an introductory course in human resource management, and who have some basic understanding of how culture and the international marketplace affect business. The course will review the theories, models and concepts developed in the areas of international management, international organizational behavior, cross-cultural management, and other emerging disciplines, and study their implications on international HRM practices. A major focus of the course will be on international human resource management & development issues of recruitment and selection, compensation and reward systems, training and development, performance appraisal, expatriation, repatriation and career development. IV –......

Words: 1428 - Pages: 6

Premium Essay


...BUS 138 – Section 001 International Finance Instructor: Dr. Yun Liu Office: Anderson Hall 214 Phone: (951) 827-6447 Fax: (951) 827-3970 E-mail: Quarter: Winter 2013 Lecture time: TuTh 12:40 pm – 2:00 pm Classroom: Olmsted Hall 421 Course Website: Office Hours: TuTh 11:15 am – 12:15 pm Course description The course introduces you to the financial management of multinational corporations operating in a global environment. You will be exposed to a number of topics in international finance including the international financial systems, balance of payments, foreign exchange markets, measuring and hedging exchange rate risk. Course/Learning objective Students should expect to develop an integrated analytical and decision making perspective that will enable them to extend financial concepts such as capital budgeting and risk management, and instruments such as forwards and options to their international analogs. Students should also be able to critically evaluate the use of international financial management models within a case analysis framework. Prerequisite BUS 106 with a grade of "C-" or better OR ECON134 with a grade of "C-" or better Course Materials    Notes Lecture notes will be posted on iLearn throughout the term. Textbook International Financial Management, 11th ed, by Madura Business press Such as the Wall Street Journal, the Economist, and etc. 1 Grading Policy Grade elements will be posted on iLearn.......

Words: 1201 - Pages: 5

Premium Essay


...14SS-FIN 4007-001 International Finance Spring 2014: Jan.6 – Apr.26 MWF 8:00-8:50 a.m. at Lindner 109 Office Hours: MWF 9:10-9:40 a.m. and by appointment. Temporary changes in office hours, if any, will be announced in advance via Blackboard and/or in class. Required Materials International Financial Management, Jeff Madura, 11th Edition, South-Western CENGAGE Learning, 2012. Earlier editions, e.g., 10th, are also acceptable at your own risk. Go to or and search by textbook. You can order either a hard back text, RENTAL hard back text, eBook, or eChapters at a discount price. Some readings may be assigned to supplement your in-depth study of major topics in international financial management. Suggested Activities Read The Wall Street Journal, Business Week, Financial Times, Forbes, Fortune, The Economist, etc. Student subscription rates are available for these periodicals. Also, watch CET, CNN, CNBC, C-Span, etc. These activities are practically free. Objective of the Course The course will be discussed from the perspective of international financial management which is all about making financial decisions in the context of international environment. There are two important aspects to really good international financial decision-making. The first is experience; this you will have to get (or are getting) on your own. Suggested activities in the previous section will be a must. The...

Words: 1101 - Pages: 5

Premium Essay

Mba Outline

...COURSE AND SUBJECT GUIDE POSTGRADUATE MANAGEMENT PROGRAMS 2010 The information contained in this Course and Subject Guide: • • is current only at the date it is published and Melbourne Business School is under no obligation to update the information or correct any inaccuracy which may become apparent at a later date; and is not intended to provide or make recommendation on which you should rely. Melbourne Business School reserves the right to change course content, lecturers, course time, examination procedures and other course details. To the extent permitted by law, Melbourne Business School specifically excludes any liability for any error or inaccuracy in, or omissions from, the information in this Guide and any loss or damage which you or any person may suffer. Last updated: 12 March 2010 1 2 MELBOURNE BUSINESS SCHOOL 2010 ACADEMIC CALENDAR ___________________________________________________________________ TERM 1 Thursday Monday Tuesday 14 January 18 January 26 January Orientation Evening – Weekend Mode and Standard Part Time World of Management Weekend Mode and Part Time (until Friday 22 January) Australia Day Academic School Holiday Carlton Campus on Sunday operations Monday Thursday Friday Monday Thursday Friday Friday Thursday Friday Sunday 9 February 18 February 26 February 8 March 18 March 19 March 2 April 15 April 16 April 25 April Commencement Term 1 Teaching (standard 12-week format subjects) Weekend Mode – Module 1a (until...

Words: 31716 - Pages: 127

Premium Essay


...Bookshelf Successful Project Management, 5th ed. Powered By VitalSource Support . Previous Page CHAPTER 9: Closing the Project Click or drag to navigate through the chapter: Next Page . Meghan sent Sarah the two-page summary and the new report for the final approval. Sarah confirmed that all was good to go. The final report was sent to Sarah for distribution within the Upper Region Workforce Development Group more than a week before the due date. The finance team for Effective Market Research sent the final invoice for the last 25 percent of the project costs. Meghan sent the project evaluation form to Sarah and met with her project team members. Two days later, Meghan received the following e-mail, “Meghan, I did not approve this report, and it cannot be distributed. I see all kinds of problems in the report that must be corrected before the report is OK.” The e-mail was from Christine. Meghan was very careful to follow the directions of Christine and had approval from Sarah for the final report. Meghan sent a note, “Christine, Please let me know the problems that are in the report so that we can make corrections.” Meghan was a bit concerned that Christine had responded in such a manner when the communication from Sarah had suggested that Christine had......

Words: 722 - Pages: 3