Podcast Beta
Questions and Answers
What are some examples of foreign-owned companies in the US?
Automotive (BMW, Mercedes); Appliances (LG Electronics, Frigidaire); Convenience stores and restaurants (7-Eleven, Ben & Jerry’s); News and entertainment (The Wall Street Journal, Pearle Vision, Universal Studios, RCA); Hotels (Holiday Inn, Waldorf Astoria).
What are the four trends affecting global business growth?
The growth of the WTO and open trade agreements; Developing countries moving toward free trade; The Internet, cellular, and networked communication; A mandate to manage the global environment for the future.
What is the definition of uncontrollable uncertainty in foreign markets?
Uncontrollable uncertainty is comprised of uncontrollable elements in business environments, each international market has its own set of factors.
