Management (MindTap Course List)
12th Edition
ISBN: 9781285861982
Author: Richard L. Daft
Publisher: Cengage Learning
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Chapter 4, Problem 1SGB
Summary Introduction
To determine: The reason for the variation among group members, the implications of high exposure versus low exposure for a career in management in other countries and how to improve international exposure.
Interpretation: Make a list of countries you have visited outside your home country along with their population size. Then calculate the percentage of world population for each country you have visited and also the percentage of world population for all the countries you have visited by taking the world population as 6,800,000,000. Get the estimation of the same calculation steps by the other members in your group.
Concept Introduction: International exposure definitely plays a very important role when one wants to be successful in today’s world and economy. One can develop culture awareness as well as foreign language proficiency through International exposure.
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Think of a fast food outlet or corporation that is operating in your country, but is also known world wide. From your personal experience or otherwise, compare the similarities and differences in the company; (for example, in the products and services it offers; in the dress code; its operations, etc.)
Using appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal Environment
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Chapter 4 Solutions
Management (MindTap Course List)
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