What forms can use the managers of multinational corporations to assess political risk? What do you think is the relative effectiveness of these different methods? (
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What forms can use the managers of multinational corporations to assess political risk? What do you think is the relative effectiveness of these different methods? (1p)
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- Why do you think that you should have an .2 ?understanding of trade protectionism(a) Discuss two types of political risks which can impact firms and provide two ways companies can try to manage the identified risks. (b) Discuss two types of laws affecting global business and ensure that you share your own perspectives on the identified laws.on of tion The business practices of multinational corporations are often criticized for a double standard approach in less developed countries that may be considered wrong in a developed country discuss in detail these criticize practices and the ethical considerations that should be examined to conclude whether or not the business is operating ethically in the host country. B I
- Question 3 a) Identify and explain the type of intercultural values the people in the underlisted statements can be classified using the five dimensions of differential values as propounded by Geert Hofstede. Note that you need to identify the value, explain it and apply it to the case justifying why you think the people are exhibiting such values i. John pulled out of the contract because he could not estimate the expected profit after carefully studying the financials in the business plan. ii. Everyone was surprised when the new recruit responded to the internal advert for a Chief Executive Officer Position with a five-year experience requirement. Most of the staff in the organization are scared to approach the manager due to the striet way he exercises his authority. T .---- . TECNO SPARKQuestion 2: What are the Role and Significance of International organizations? How they shape our world?When Canadian companies do business in other countries around the world, they often find themselves under pressure to give bribes to officials in those countries in order to win contracts. What policy or policies do you think the Canadian government should adopt with respect to our companies paying bribes to win contracts in foreign countries? (Remember that it might in some ways be in the financial interest of both companies and also the Canadian people to engage in bribery.) Support your view by argument.
- (Globalization)In February 2010, IKEA fired two members of its executive board from Russia, Per Kaufman, and Stefan Gross, for engaging in corrupt practices with suppliers or suppliers of its St. Petersburg. Kaufman and Gross paid bribes to energy companies to ensure the stores would continue to be powered by electricity. Although this practice is common in Russia, they have explicitly opposed IKEA's corporate values. Questions:a. Describe the IKEA bribery case from a Kantian perspective and virtue ethics. What is considered problematic from this perspective regarding bribery?b. Do you agree with the explanation of each perspective?c. From The Three Major Ethical Theories, Which theory-based explanation do you agree with? Explain why!1. Identify and describe the type of international business of Sushiro. 2. Identify and explain ONE key factor prompted Sushiro to operate outside Japan. 3. Explain ONE key social or cultural factor affected the company’s international business activities. 4. Analyse and explain ONE key risk the company faced when it operates overseas. 5. With reference to the risk you mentioned in Q.4, what is your suggested action(s) for Sushiro? Explain.ETHICS PROBLEM Is there a conflict between maximizing shareholder wealth and never paying bribes when doing business abroad? If so, how might you explain the firm’s position to shareholders who are asking why the company does not pay bribes when its foreign competitors in various nations clearly do so?
- 32-What is one criticism of free trade: a Health care becomes overburdened with patients because the local government runs out of money. b Free trade results in a cut in individual taxes. C Local businesses often close because they cannot compete with foreign multinationals. Certain products, like wheat and corn, eventually become free because there is an abundance d of them in the world market.A. What means can managers use to assess political risk? B. What is the relative effectiveness of these different methods? C. what countries or areas do you feel pose political risk sufficient to discourage you from doing business there?What can McDonalds do about Bakshis use of local Indian courts? How can multinationals adequately prepare for such situations?**