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BUAD327

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BUAD 327 Essay Questions Test 1 Please answer ONLY 5 questions. If you answer more than 5, I will record the lowest grade. 1. "Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in having a separate course on international business.” Evaluate this statement. 2. Free market economics stimulate greater economic, growth, whereas state directed economics stifle growth? Discuss 3. You are the CEO of a company that has to choose between making a $100 million investment in Russia or the Czech Republic. Both investments promise the same long- run return, so your choice is driven by risk considerations. Assess the various risks of doing business in each of these nations. Which investment would you favor and why? 4. Outline why the culture of a country influences the costs of doing business in their country. Illustrate your answer with examples. 5. Do you think that business practices in an Islamic country are likely to differ from business practices in the United States? If so how? 6. What are implications for international business of differences in the dominant religious and/or ethical system of a country? 7. Choose two countries that appear to be culturally diverse. Compare the culture of those countries and then indicate how cultural differences influence... a. The costs of doing business in each country; b. The likely future economic development of that country; and c. Business practices. 8. It is unreasonable to expect businesses active in developing nations to adhere to the sar ethical standards that they use at home, discuss. BONUS: You will be graduating soon and have been offered "the job of your dreams." The new position, however, requires some traveling so you will need a car. You currently do not have one. What decision process will you go through to purchase an automobile? THEOT
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