S. The Harley-Davidson Tarift Case discussed in class is an example of: Import S
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S. The Harley-Davidson Tarift Case discussed in class is an example of: Import Substitution Export Promotion e. Neither d. Both. 6. "Expropriation" of a business involves: The "nationaliration" of a business (i.e., the government taking over the business) with compensation, as determined by the government, paid to the b. The "privatization" of a business (i.e., the government turning a government-owned business over to private owners). e. Both of the above are forms of"expropriation" d. Neither of the above properly defines the term 7. A Corporation's International "Vision" communicates: Who we want to be." b. Who we are/What we do." c. "What our tactical goals and plans are." 8. A Corporation's International "Mission" communicates: a. "Who we want to be." "who we are/what we do." c. "What our tactical goals and plans are." d. "What our control framework is." Which of the following country listings is INCORRECT for the trade group specified: 9. NAFTA consists of North American country members. MERCASUR consists of South American country members. APEC consists of European country members. ASEAN consists of Asian country members. h 10. An international organization that wishes to focus its resources on individual geographic world markets in which it is doing business would most likely utiliz which organization structure reviewed in this course? a. Matrix. b. Customer c. Product Area.Explanation / Answer
5) The Harley Davidson Tariff case is an example of : a) IMPORT Substitution: It is an dirty concept in the international economy which is imposed by the by tariffs and quotes and some trade barriers to which demoralized to importing products in the international markets and encourage to domestically manufactured products. The import substitution strategy is to promote the competitiveness and industrial growth to measure the globalization and financial crises. Import Substitution concept is tend to increase the capital and labor intensity is to encourage the local currency in the US economy. Harley Davidson is the best example of US markets in 2016 which restrict the import substitution with highly priced than domestic markets. It diminished the US Import tariffs on motorcycle to compete in the local markets without the tariffs and ended the import substitution strategy.
6) Expropriation of a business involves a) the “nationalization” of a business means government undertake the control and ownership over the private properties or companies which are running under losses with or without compensation to prevent the unfair practices for the benefit and safeguard the public domain. Nationalization happens when government makes the expropriation and hand over the responsibility to nationalized company. This practice of new era has been adopted by most of the countries to modernized the operations for the national interest and to manage the political risks in their countries. The classic examples of expropriations are : Overseas Private Investment Corporation (OPIC) in USA and Export Finance and Insurance Corporation (EXIC) in Australia.
7) A corporation’s international “vision” communicates: a) WHO WE WANT TO BE: because every company has dream and vision to be introduce their values in the society. Corporate vision helps to showcase the corporate skills and performance in the international market. Corporate Vision help and guide companies to approach internationally and company values can reach to the customers openly. Company vision with “ who we want to be” make corporate innovative and goal oriented.
8) A corporation’s international “mission” communicates: b)“ WHO WE ARE/WHAT WE DO” which connects people globally to deliver the best results. This mission is to achieve the company goal and vision by retaining customers which helps customers to understand their performance in the international markets. Company mission is being familiar with their profile and product. The most important mission of corporate as “ WHO WE ARE/WHAT WE DO” is to meeting the customer’s expectations by providing quality services.
9) The incorrect listing country for the trade group specified for : c) “APEC" consists of European country members” . APEC means The Asia-Pacific Economic Cooperation which is established in 1989. APEC group has 21 economies are Australia, New Zealand, Russia, Singapore, Brunei Darussalam, Canada, Chile, Hongkong, China, Indonesia, Vietnam,Thailand, Philippines, Republic of South Korea, Japan, Mexico, Peru, Malaysia, Unites states, Taiwan and Papua New Guinea. These 21 members established the Asia Pacific (APEC) corporation.
10) An international organization that wishes to focus its resources on individual geographic world markets in which it is doing business would most likely utilize which organization structure reviewed in this course indicates to (d)“AREA” which is the most important factor to expand the business globally. The above lines talking about geographic world markets which applies to the place of business, size, density of area, climate, population and other geographic segments which impacts the business expansion and growth.
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