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Class:MAN 3600 - International Business
Subject:Management
University:Florida Atlantic University
Term:Spring 2010
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to make all the same domestication
one political risk against ownership of a foreign company? expropriation
one strategy to lessen political risk partner with a local company
a common practice since 1970 that has inhouse or external consultant and is inc. into decision mking process political risk analysis (PRA)
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an informal hearding regarding a dispute arbitration
1988 ammendment customary fees
a problem with international legal system it's impossible to specify in a contract with country's legal system
what are code law legal systems based on? written rules
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int'l operating courts suchas the int'l court of justice of the UN resolve conflicts b/w? different soverign nations
when a govt forces a foreign company to buy local raw materisla only whats the risk called local content
is it difficult to stop the theft of intellectual property in view a company can't register the patneds of their products in a foreign country
according to Geert... is a better market than Denmark for flashy show off cars
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why's it necessary to study culture in business? culture affects people's behaviors
what's the best concept of a global company it's affiliate are in different countries but work closely together
the verbal component of messages is low, therefore high context culture
resources are privately owened VS resources owned by the state or public capitalist VS socialist
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what's ethnocentrism superiority of one owns culture or ethnic group
is there connection b/w some of the cultural dimensions Latin Am. countries adopted civil law b/c they're high in uncertainty avoidance
the indices do not confirm these statements
according to Adam Smith absolute advantage
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which theory of int'l trade suggests that goods will be produced in the advanced countries but that over time? product life-cycle theory
predicts that...theory of relative factor endowments? heckscher-ohlin
what's Porter's thesis factor endowments,demand conditions, relating and supporting industries and firm strategy, structure and rivalry
who's with comparative advantage david ricardo
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a mode of entry by which 2 companies contribute assets, own some equity &share some risk to achieve a common business objective joint venture
strategic alliance does not involve...? shares
which one contains the most similiar franchsing-licensing
what's franchising lack of control over the quality of your products is a distant advantage
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when deciding on the mode of entry a company must take many factors? risk of investing in a foreign country is high
what's the method by which a company permits a foreign firm to use its technology,patents,trademarks,©rights for a fee(royalty) licensing
pepsi and turkish investor established a jointly owned? joint venture
in the last decade FDI has followed a pattern, which of the following isn't true regarding this pattern japan is the domany force in FDI outflows
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the host countries positive FDI aspects usually have corresponding negative aspects for the home country? sending managers abroad
ownership restrictions
govts typically get money to pay for subsidies to domestic producers by taxing individuals
they help domestic producers compete against low-cost foreign imports and they help domestic producers gain export markets
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franchise
this is a nontariff barrier japanese barriers
according to our classes tariffs benefit the following 2 groups in a country govt and local producers
tariff
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ad valorem
difference b/w GATT and WTO include enforcement powers
dealing with trade conflicts to allow
reason replaced? int'l trade conflicts were increasing and more effective organization was needed
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eliminate non-tariff barriers Definition
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 to make all the samedomestication
 one political risk against ownership of a foreign company?expropriation
 one strategy to lessen political riskpartner with a local company
 a common practice since 1970 that has inhouse or external consultant and is inc. into decision mking processpolitical risk analysis (PRA)
 an informal hearding regarding a disputearbitration
 1988 ammendmentcustomary fees
 a problem with international legal systemit's impossible to specify in a contract with country's legal system
 what are code law legal systems based on?written rules
 int'l operating courts suchas the int'l court of justice of the UN resolve conflicts b/w?different soverign nations
 when a govt forces a foreign company to buy local raw materisla only whats the risk calledlocal content
 is it difficult to stop the theft of intellectual property in viewa company can't register the patneds of their products in a foreign country
 according to Geert...is a better market than Denmark for flashy show off cars
 why's it necessary to study culture in business?culture affects people's behaviors
 what's the best concept of a global companyit's affiliate are in different countries but work closely together
 the verbal component of messages is low, thereforehigh context culture
 resources are privately owened VS resources owned by the state or publiccapitalist VS socialist
 what's ethnocentrismsuperiority of one owns culture or ethnic group
 is there connection b/w some of the cultural dimensionsLatin Am. countries adopted civil law b/c they're high in uncertainty avoidance
 the indices do not confirm these statements 
 according to Adam Smithabsolute advantage
 which theory of int'l trade suggests that goods will be produced in the advanced countries but that over time?product life-cycle theory
 predicts that...theory of relative factor endowments?heckscher-ohlin
 what's Porter's thesisfactor endowments,demand conditions, relating and supporting industries and firm strategy, structure and rivalry
 who's with comparative advantagedavid ricardo
 a mode of entry by which 2 companies contribute assets, own some equity &share some risk to achieve a common business objectivejoint venture
 strategic alliance does not involve...?shares
 which one contains the most similiarfranchsing-licensing
 what's franchisinglack of control over the quality of your products is a distant advantage
 when deciding on the mode of entry a company must take many factors?risk of investing in a foreign country is high
 what's the method by which a company permits a foreign firm to use its technology,patents,trademarks,©rights for a fee(royalty)licensing
 pepsi and turkish investor established a jointly owned?joint venture
 in the last decade FDI has followed a pattern, which of the following isn't true regarding this patternjapan is the domany force in FDI outflows
 the host countries positive FDI aspects usually have corresponding negative aspects for the home country?sending managers abroad
 ownership restrictions 
 govts typically get money to pay for subsidies to domestic producers by taxing individuals
 they help domestic producers compete against low-cost foreign imports and they help domestic producers gain export markets 
 franchise 
 this is a nontariff barrierjapanese barriers
 according to our classes tariffs benefit the following 2 groups in a countrygovt and local producers
 tariff 
 ad valorem 
 difference b/w GATT and WTO includeenforcement powers
 dealing with trade conflicts to allow 
 reason replaced?int'l trade conflicts were increasing and more effective organization was needed
 eliminate non-tariff barriersDefinition
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