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Business Globalization

Business globalization is generally connecting economic regions worldwide in a network of trade, communication and transportation. The companies that use these networks manage resources on a global scale to meet their financial goals.

1,232 Questions

What is the country of origin effect on consumer behavior?

The Country of Origin effect is a psychological factor that impacts consumers when they see where a product is made. Studies have shown consumers will take all of the factors they know about a place, such as their political leanings, to reach a decision about a product which has absolutely nothing to do with the politics of that country.

Where does Indian stand in term of global integration?

India has a great population of its citizens scattered across the globe. Many are students studying in far away countries or immigrants who have made a point to look for jobs elsewhere. They have been able to do a lot of culture transfer especially in the areas of culinary arts, fashion and medicine.

What is proper form to address president of a country?

The Right Honorable (followed by the name of the person with Mr. or Ms. ).

Why are exchange rates necessary?

Exchange rates determine the amount of imports and exports for a country. Depending on a naitons currency compared with a foriegn currency, countries may or may not want to trade with that nation.

What is worldpay inc?

worldpay inc souds like a scam website that claims to seel cars. see - http://www.worldpay.com/shopper/ {| ! Bogus WorldPay Offer | If you receive an email that appears to come from WorldPay offering you the opportunity to purchase a vehicle being sold by a 'WorldPay Agent' or 'WorldPay Seal Member', please do not respond to the email and do not send any money to the individual via Western Union or MoneyGram. |} worldpay inc souds like a scam website that claims to seel cars. see - http://www.worldpay.com/shopper/ {| ! Bogus WorldPay Offer | If you receive an email that appears to come from WorldPay offering you the opportunity to purchase a vehicle being sold by a 'WorldPay Agent' or 'WorldPay Seal Member', please do not respond to the email and do not send any money to the individual via Western Union or MoneyGram. |}

What is meant by realize experience curve?

An experience curve is a graph that shows the relationship between cumulative production quantity and the production cost. It takes into account both variable and fixed costs.

What are the main steps Copy development in advertising?

The first step in advertising is to choose a concept and a target audience. The concepts are then developed and platforms are devised to reach the target group.

If the demand of goods is elastic what should be done with the price in order to realize more revenues?

If the demand for goods are elastic, then small changes in the price will have larger effects on the quantity demanded. In order to realize more revenues, the producer may decrease prices a little, leading to a large increase in the quantity demanded. Eg Price Quantity Demanded Profit Elastic 5 1500 7500 6 1000 6000 Inelastic 5 1100 5500 6 1000 6000

Explain the difference between an investor and a creditor of a business?

A person who invests money in order to make a profit is an investor. A creditor is lender of the funds, to whom someone owes a loan.

What is a global manager?

A global manager is a manager that operates out of multiple offices in a multinational company. Global managers have a lot of responsibility; therefore, they have a lot of stress.

The study of international business is fine if you are going to work in a large multinational enterprise but it has no relevance for individuals who are going to work in a small firms Evaluate this?

Not true at all. In today's world of computers and technology, at the click of a mouse any one can be globally connected. If small firms are going to compete & survive in a strained economy then staying on top of globalization is very relevant. Thus this statement cannot be evaluated because of its inaccuracy.

How has the radio affected the world?

Radio affected the world by having all these different kinds of music coming together as one such as R&B, Rap, Techno, Jazz, Hip hop, Rock and roll etc.

I would say it was unusual for most people but it affected everyone and got people into music. It was the most popular thing in the world. Everyone started to dance to it or sing along with the songs that played on the radio. That's how it affected the world.

What religion does diaspora affect?

The term 'diaspora' means a moving away or scattering of people out of their traditional homeland - usually by force.

As such, there are many diasporas in history affecting varying religions like the Northern Kingdom of Israel's 10 tribes; the Southern Kingdom of Judah, the trans-African slave trade and the Chinese 'coolie' slave trade.

New Testament perspective:Diaspora is a Greek noun that appears in New Testament writings to refer to both the Israelites who had been displaced and scattered among the Gentile nations (John 7:35), and to Christians who had fled from persecution (1 Peter 1:1).

What is the German approach to productivity?

Germans train for jobs as apprentices so that they are very skilled.

While they work, the mindset is to work hard until it's time to go home.

Germans build products that are meant to last.

What are the benefits of communication to the developing countries?

Benefits of Communication is as followes: 1. improves business contacts. 2. improves information transfer. 3. reduces time & money for information transfer. 4. improves life style as well as life security.

What is the impact of privatization on indian economy?

FI investment is a part of FDI. Foreign Institutional Investors are the instrument of FDI which specifically invests in finance sector of the economy. FI investment is a part of FDI. Foreign Institutional Investors are the instrument of FDI which specifically invests in finance sector of the economy.

What are hourly management consulting fees?

Hourly management consultancy fees refer to the amount of money charged per hour for advise regarding management. This advise is normally given to those in managerial positions.