IntBus ZHAW

International Business HS2021

International Business HS2021


Set of flashcards Details

Flashcards 265
Language English
Category Micro-Economics
Level University
Created / Updated 22.11.2021 / 07.03.2024
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Managers can achieve effective cross-cultural interaction by ________.

The purpose of material productions in a society is to ________.

________ are letters, figures, colors, or other characters that communicate a meaning.

________ refers to the values, beliefs, customs, arts, and other products of human thought and work that characterize the people of a given society.

Ashok, one of the Indian employees, asks Hank if the weekend training session could be rescheduled because it is a Hindu festival day. What will be the most likely outcome if Hank agrees to Ashok's request?

Prejudices in a culture ________.

In polychronic cultures, ________.

Which of the following situations illustrate a polychronic perspective?

In a deal-oriented culture, managers ________.

Polycentric orientation refers to ________.

________ refers to a distinctive tradition or institution strongly associated with a particular society.

Acculturation is defined as the process of ________.

Which of the following religions has the largest number of adherents?

Using one's own culture as a standard for judging other cultures is known as ________.

In which of the following countries would alcoholic drinks be prohibited?

Which of the following is TRUE with regard to culture?

Harold Meyer is the vice president of a successful U.S. restaurant chain. He is getting ready to transfer to the Gulf Arab region to help establish the restaurant chain in Saudi Arabia. He is in the process of gathering information to learn about Saudi culture.

Harold learned that organizations in Saudi Arabia emphasizes loyalty to the family and tribe and that ties among individuals are highly valued. Based on Harold's observation, Saudi Arabia is ________.

________ are ways of behaving and conducting oneself in public and business situations.

Socialization is defined as ________.

Could Seoul or Stuttgart become more important IFCs in the future? What speaks for and what against them?

Lösung nicht sicher

Depends on their:

  • History as IFC
  • Global IFC Ranking
  • Service Sector
  • Geography
  • GDP Ranking
  • Living Standards
  • Share of financial services / GDP
  • Listed Companies
  • Stock Exchange
  • Wealth Management
  • Logistics

How to reduce risks from currency fluctuations?

Forward Contract
Exchange two currencies at a specified exchange rate on a set future date.

Futures Contract
Buy or sell a currency in exchange for another at a specified price on a specified date. Standard amounts and maturities apply.

Currency Option
Gives the purchaser the right, but not the obligation, to buy a certain amount of foreign currency at a set exchange rate within a specified length of time -> call / put option

Currency Swap
Exchange one currency for another
according to a specified schedule.

What are the main differences between Switzerland and Germany when it comes to their role and dependencies in global trade? What is the impact of the home currency?

Main differences:
− Germany’s exports benefit from the weak euro while Switzerland’s exporters contend with the strength of the franc.
− German economy is struggling to grow while Switzerland has proven resilient.
− The Swiss economy appears less price sensitive, given its value-added export-oriented economy

Could Seoul or Stuttgart become more important IFCs in the future? What speaks for and what against them?

Depends on their:

  • History as IFC
  • Global IFC Ranking
  • Service Sector
  • Geography
  • GDP Ranking
  • Living Standards
  • Share of financial services / GDP
  • Listed Companies
  • Stock Exchange
  • Wealth Management
  • Logistics

The five areas of competitiveness evaluated in the GFCI 2021 are:

How many domestic companies have been listed at the Hong Kong Stock Exchange (HKEX) in 2020?

 

 

2353

Paris moved up siginificantly to take second place among the financial centers in Western Europe.

Hong Kong's fading economic attraction was reflected by the announcement that its population fell by 4.1 per cent to 5.45m, one of the largest year-on-year declines in the country’s history.

International business is defined as the performance of ________ activities by firms across national borders.

An international trade summit is held in Geneva, Switzerland. The purpose of the summit is to cooperatively develop policies that promote international trade. Representatives from 50 different countries attend the summit.

One of the attendees represents a leading nation in the international services trade. This attendee is most likely from which of the following countries?

Calexor is a telecommunications SME that has been highly successful despite its limited resources. Stakeholders attribute Calexor's success to its ability to serve niche markets. Which of the following, if TRUE, would most strongly support the claim that Calexor's growth can be attributed to niche market sales?

Fill in the gap in the preamble of today’s federal constitution of the Swiss Confederation:

_______________________________

(…) adopt the following Constitution: ...

In October 2019, Brazil’s President Jair Bolsonaro signed a decree compelling all federal bodies to share most of the data they hold on Brazilian citizens, from health records to biometric information, and consolidate it in a vast master database, the Citizen’s Basic Register.

What advantage from these measures has not been promised by Brazil’s government?

Turnout in the American presidential election in November 2020 was the highest for 120 years. Still, the EIU puts the United States in the category of “flawed democracies”. Which factors of this evaluation of the US democracy are deterioration and have led to this result?

When looking at the Corruption Perception Index, two states have shown a particularly strong downwards trend since 2012. Namely, ...

Which different Political Systems exist?

Liberal democracy (less than half of 193 UN members)

Authoritarian or absolutist (Myanmar; Saudi Arabia)

Communist (China; Cuba; Vietnam; N. Korea)

Theocratic (Iran; Vatican)

Which are the four major legal systems in the world?

Civil Law:
the most widespread. Primary source: legislation/legal codes

Common Law:
Operates in e.g. UK, US, Canada, Australia, India. Sources: case law; statutes

Sharia Law:
Operates in Muslim countries. Source: the Koran

Customary Law:
Important role in many countries e.g. in Africa. Source: life experiences, religious or philosophical principles

When looking at the Corruption Perception Index, two states have shown a particularly strong downwards trend since 2012. Namely, ...

Turnout in the American presidential election in November 2020 was the highest for 120 years. Still, the EIU puts the United States in the category of “flawed democracies”. Which factors of this evaluation of the US democracy are deterioration and have led to this result?

In October 2019, Brazil’s President Jair Bolsonaro signed a decree compelling all federal bodies to share most of the data they hold on Brazilian citizens, from health records to biometric information, and consolidate it in a vast master database, the Citizen’s Basic Register.

What advantage from these measures has not been promised by Brazil’s government?

Fill in the gap in the preamble of today’s federal constitution of the Swiss Confederation:

In the name of Almighty God! The , (…) adopt the following Constitution: