Podcast
Questions and Answers
Which of the following is NOT a characteristic of international business?
Which of the following is NOT a characteristic of international business?
- Transfer of goods across national boundaries
- Transfer of information across national boundaries (correct)
- Transfer of knowledge across national boundaries
- Transfer of resources across national boundaries
What is the main focus of A. T. Kearney Consultants when entering the China marketplace?
What is the main focus of A. T. Kearney Consultants when entering the China marketplace?
- Defining key success factors (correct)
- Assessing market dynamics
- Building a positive working relationship with local partners
- Localizing their management team
What is the implication of the age of globalization?
What is the implication of the age of globalization?
- Limited career choices
- Limited choices
- Cultural diversity (correct)
- Higher prices
What is the growth rate of FDI (Foreign Direct Investment) from 1980 onwards?
What is the growth rate of FDI (Foreign Direct Investment) from 1980 onwards?
What percentage of economic entities are multinational corporations (MNCs)?
What percentage of economic entities are multinational corporations (MNCs)?
Which of the following is NOT a key success factor when entering the China marketplace, according to A. T. Kearney Consultants?
Which of the following is NOT a key success factor when entering the China marketplace, according to A. T. Kearney Consultants?
What is the main focus of A. T. Kearney Consultants when defining key success factors for entering the China marketplace?
What is the main focus of A. T. Kearney Consultants when defining key success factors for entering the China marketplace?
What is the percentage of economic entities that are multinational corporations (MNCs)?
What is the percentage of economic entities that are multinational corporations (MNCs)?
What is the growth rate of FDI (Foreign Direct Investment) from 1980 onwards?
What is the growth rate of FDI (Foreign Direct Investment) from 1980 onwards?
What are some implications of the age of globalization?
What are some implications of the age of globalization?
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Study Notes
International Business Characteristics
- Uniqueness of international business is NOT a characteristic
Entering China Marketplace
- A.T.Kearney Consultants' main focus is on identifying key success factors when entering the China marketplace
- According to A.T.Kearney Consultants, low labor costs, access to large markets, and government support are key success factors when entering the China marketplace
- Poor understanding of local culture is NOT a key success factor when entering the China marketplace
Globalization and FDI
- The age of globalization has increased interconnectedness and interdependence among nations
- Implications of the age of globalization include increased competition, advancements in technology, and cultural exchange
- The growth rate of FDI (Foreign Direct Investment) from 1980 onwards is around 15% per annum
- Only 1% of economic entities are multinational corporations (MNCs)
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