ch03-pp - Learning Objectives-Chapter 3 s Highlight the...

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Learning Objectives-Chapter 3 Highlight the opportunities and challenges of conducting business in other countries. List five ways to improve communication in an international business relationship. Identify five forms of international business activity. Discuss why nations trade. Explain why nations restrict international trade and list four forms of trade restrictions. Highlight three protectionist tactics nations use to give their domestic industries a competitive edge. Outline the causes of the global economic crisis at the end of the twentieth century and summarize the lesson learned by this example. Summarize the challenges European and Asian countries are facing as they attempt to narrow the U.S. lead in global e-commerce.
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Global Environment Can generate additional sales. Produce operational efficiency. Expose businesses to new technology. Increased consumer selection.
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Global Business and Cultural Differences Recognize and respect differences in: Values Ideas of Status Decision Making Habits Attitudes Toward Time Use of Space Manners Ethical Standards
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Doing Business in Another Culture Learn about culture’s: History Religion Politics Customs
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This note was uploaded on 07/10/2009 for the course FIN FIN taught by Professor Dr. during the Spring '09 term at Baptist College of Health Sciences.

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ch03-pp - Learning Objectives-Chapter 3 s Highlight the...

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