Problem 1: It is important for managers involved in global business to realize the role of international institutions in global markets. As a global manager, explain what that means to you and how the international institutions help your global business.
Problem 2: Offshore outsourcing is currently one of the most contentious debates in industrialized countries. From your perspective as a global manager, describe how it has impacted the manufacturing and service industries.
Problem 3: Globalization has created a positive flow of investments and job creation in the U.S.
A) True.
B) False.
Problem 4: Corporations in developing countries perceive globalization as a threat from larger and richer competitors with better technologies, higher scale production, and better quality.
A) True.
B) False.
Problem 5: What are the main components of a global business plan and how do those components vary from a domestic business plan?
Problem 6: The most important aspect of a country's cultural differences is the impact of:
A) Language.
B) Tradition.
C) Geographic location.
D) The availability of natural resources.
Problem 7: As an organization relies on its people, human resource managers will play a key role in ensuring a cohesive global strategy. As the HR strategist in your global business, describe the key HR factors that you include in your global business plan.
Problem 8: Some global corporations centralize their financial power in their home country and continue to develop their financial strategy in their home office, leaving little leeway in overseas subsidiaries for decision making, fund-raising, or even cash management.
A) True.
B) False.
Problem 9: The World Intellectual Property Organization (WIPO) is a non-financial organization that facilitates globalization.
A) True.
B) False.
Problem 10: When conducting a capital budget analysis for your global business, key consideration is given to all of these: problem definition, current situation, risk analysis, options and exit strategies, tax structure, cost of capital, cash flow considerations, and time value of money.
A) True.
B) False.
Problem 11: A global business plan guarantees global success.
A) True.
B) False.
Problem 12: The key to an organization’s success both in domestic and global markets resides in the quality of its global leadership, management, and strategy execution.
A) True.
B) False.