International Business Assignment
1. Identify 3 disadvantages of countertrade? Explain how counterpurchasing works.
2. Companies looking for a fast entry with low costs would choose which 3 of the entry methods? Why? Companies looking for a long-term business would choose which two of the entry methods? Why?
3. Identify 3 ways a firm disrupt an existing market.
4. Define BOP markets. Why are businesses interested in BOP markets? What are some examples of products developed to profitable serve BOP markets? Identify and explain 4 challenges of serving BOP markets.
5. Define GAAP, FASP, and IASB. Identify 3 advantages of a single set of international accounting standards? Which set of accounting standards does the United States follow? Why are some governments reluctant to follow IFRS?