Prologue to Universal Business.

Uploaded on:
Category: Animals / Pets
The US government chooses to force correctional 100% advertisement valorem duties on imports ... Boeing 707, for instance, was financed by the US government ...
Slide 1

Prologue to International Business July 21, 2008 Second Discussion Section: Culture & Ethics; International Trade

Slide 2

Agenda Chapters 1, 2 in a Nutshell Review Chapters 3 and 4 Discussion 1: Selling Domino\'s Pizza Worldwide Review Chapters 5 and 6 Discussion 2: Boeing v. Airbus

Slide 3

Chapters 1 and 2 Chapter 1: What is globalization? What is driving globalization? What are the patterns in globalization? What are the open deliberations about globalization? Section 2: How are nations distinctive: politically, monetarily, lawfully? What are the variables prompting monetary advancement? How to quantify monetary advancement Protection of property rights + Innovation? Shouldn\'t something be said about the legitimate and political frameworks of the nation?

Slide 4

Chapter 3: Differences in Culture What is Culture? Qualities and Norms Culture, Society, and the Nation-State The Determinants of Culture Social Structure Individuals and Groups Social Stratification Religious and Ethical Systems Language Culture and the Workplace Hofstede study Power separation; independence versus cooperation; instability shirking; manliness versus womanliness

Slide 5

Chapter 3 Learning Goals Know what is implied by the way of life of a general public. Distinguish the sources that lead to contrasts in social society. Distinguish the business and financial ramifications of contrasts in society. See how contrasts in social society impact values in the work place. Build up a thankfulness for the monetary and business ramifications of social change.

Slide 6

Chapter 3 Exercise: Domino\'s Pizza ads from around the globe U.S. Australia Mexico/Latin America Europe Middle East Israel: Asia Japan: Korea: India:

Slide 7

Chapter 3: Critical Thinking Outline why the way of life of a nation may impact the expenses of working together in that nation. Delineate your answer with illustrations.

Slide 8

Chapter 3: Critical Thinking Choose two nations that seem, by all accounts, to be socially different. Think about the way of life of those nations and afterward show how social contrasts impact (a) the expenses of working together in every nation, (b) the presumable future financial advancement of that nation, and (c) business hones.

Slide 9

Domino\'s Discussion Questions 1. Domino\'s has effectively developed its global nearness rapidly. Thoroughly analyze its technique with that of another notable universal fast food operation, McDonald\'s. What likenesses do you see? It is safe to say that they are any noteworthy contrasts between the two organizations? What has prompted the achievement of Domino\'s?

Slide 10

Domino\'s Discussion Questions 2. While its pizza has all the earmarks of being all around acknowledged, Domino\'s has needed to make a few changes in accordance with its promoting blend. Talk about the distinctive parts in the advertising blend and how the organization has reacted to nearby needs.

Slide 11

Chapter 4: Ethics in International Business Ethical issues in International Business Employment Practices; Human Rights; Environmental Pollution; Corruption; Moral obligations  Ethical Dilemmas What are they? The Roots of Unethical Behavior How would they emerge? Philosophical Approaches to Ethics Straw Men Friedman Doctrine; Cultural Relativism; Righteous Moralist; Naïve Immoralist Utilitarian and Kantian Ethics Rights Theories Justice Theories Ethical Decision Making Hiring and Promotion; Organization Culture and Leadership; Decision-Making Processes; Ethics Officers; Moral Courage

Slide 12

Chapter 4 Learning Goals Be acquainted with the moral issues confronted by worldwide organizations. Perceive a global problem. Examine the reasons for dishonest conduct by directors. Be acquainted with the diverse philosophical ways to deal with morals. Comprehend what supervisors can do to fuse moral contemplations into their basic leadership.

Slide 13

Chapter 4 Critical Thinking QUESTION 1: A meeting American official finds that a remote auxiliary in a poor country has employed a 12-year-old young lady to chip away at a manufacturing plant floor, infringing upon the organization\'s preclusion on youngster work. He advises the nearby supervisor to supplant the tyke and advise her to backpedal to class. The nearby administrator tells the American official that the youngster is a vagrant with no different method for backing, and she will most likely turn into a road kid on the off chance that she is denied work. What ought to the American official do?

Slide 14

Chapter 4 Critical Thinking QUESTION 2: Under what conditions is it morally solid to outsource creation to the creating scene where work expenses are lower when such activities additionally include laying off long haul representatives in the company\'s nation of origin?

Slide 15

Chapter 4 Critical Thinking QUESTION 3: Are encouraging installments moral?

Slide 16

Chapter 4 Critical Thinking QUESTION 4: Drawing upon John Rawls\' idea of the cover of lack of awareness, build up a moral code that will ( a ) guide the choices of a huge oil multinational toward natural security, and ( b ) impact the strategies of a dress organization to outsourcing of assembling procedure.

Slide 17

Chapter 5: International Trade Theory An Overview of Trade Theory Mercantilism Absolute Advantage (Adams Smith) Comparative Advantage (David Ricardo) The Gains from Trade/Qualifications and Assumptions Simple Extensions of the Ricardian Model Heckscher-Ohlin Theory  The Leontief Paradox The Product Life-Cycle Theory (Raymond Vernon) Evaluating the Product Life-Cycle Theory New Trade Theory (1970\'s financial experts) Increasing Product Variety and Reducing Costs Economies of Scale, First-Mover Advantages and the Pattern of Trade Implications of New Trade Theory  National Competitive Advantage: Porter\'s Diamond Factor Endowments Demand Conditions Related and Supporting Industries Firm Strategy, Structure, and Rivalry Evaluating Porter\'s Theory

Slide 18

Chapter 5 Learning Goals Understand why countries exchange with each other. Be acquainted with the diverse hypotheses clarifying exchange streams between countries. Comprehend why numerous financial analysts trust that unhindered organized commerce between countries will raise the monetary welfare of nations that take an interest in a facilitated commerce framework. Be acquainted with the contentions of the individuals who keep up that legislature can assume a proactive part in advancing national upper hand in specific ventures. Comprehend the critical ramifications that global exchange hypothesis holds for business hone.

Slide 19

Chapter 5: Critical Thinking What are some potential expenses of receiving a facilitated commerce administration? Do you think governments ought to do anything to lessen these expenses? What?

Slide 20

Chapter 5: Critical Thinking The world\'s poorest nations are at a focused hindrance in each area of their economies. They have little to send out. They have no capital; their property is of low quality; they frequently have an excessive number of individuals given accessible work open doors; and they are inadequately instructed. Unhindered commerce can\'t in any way, shape or form be in light of a legitimate concern for such countries! Talk about.

Slide 21

Chapter 5 Critical Thinking Unions in created countries frequently contradict imports from low-wage nations and promoter exchange hindrances to shield employments from what they regularly portray as "unreasonable" import rivalry. Is such rivalry "out of line"? Do you surmise that this contention is to the greatest advantage of ( a ) the unions, ( b ) the general population they speak to, and/or ( c ) the nation in general?

Slide 22

Chapter 5 Critical Thinking a) Who profits by the outsourcing of gifted office occupations to creating countries? Who are the failures? b) Will creating countries like the United States experience the ill effects of the loss of high gifted and lucrative occupations to different nations? c) Is there a distinction between the transference of lucrative cushy occupations, for example, PC programming and bookkeeping, to creating countries, and low paying hands on employments? Assuming this is the case, what is the distinction, and ought to government do anything to stop the stream of professional employments out of the nation to nations like India?

Slide 23

Chapter 5 Critical Thinking Drawing on the new exchange hypothesis and Porter\'s hypothesis of national upper hand, layout the case for government arrangements intended to fabricate a national upper hand in biotechnology. What sort of approaches would you suggest the administration receive? Are these arrangements at change with the essential unhindered commerce theory?

Slide 24

Chapter 6: The Political Economy of International Trade Instruments of Trade Policy Tariffs Subsidies Import Quotas and Voluntary Export Restraints Local Content Requirements/Administrative Policies Antidumping Policies The Case for Government Intervention Political Arguments for Intervention Protecting employments and businesses; national security; striking back; ensuring shoppers; assisting remote arrangement targets; ensuring human rights Economic Arguments for Intervention The newborn child industry contention; procedure exchange strategy  The Revised Case for Free Trade (or, counter-contentions to the case for government mediation) Retaliation and Trade War Domestic Politics Development of the World Trading System From Smith to the Great Depression  1947–1979: GATT, Trade Liberalization, and Economic Growth  1980–1993: Protectionist Trend  The Uruguay Ro