Global Thinking: Week 3 Questions

Chapter 4 – Review

1. Read the bullets under Importance of Geopolitical studies on page 153+. As a potential international manager - How would you rank the 3 in accordance to your focus of study before you are promoted? Explain.

Chapter 7 Review:

1. Read the section on The Benefits of Well-Executed Planning Process on page 341+. List a few External benefits and a few Internal benefits of a planning processes.

2. Read the section on Market Screening and Risk Assessments on page 343+. Give a brief description of the 7 types of risk.

SHORT CASE p. 231:

Comparing market profiles for the US, Brazil and China

You are a European company producing earth-moving equipment. You are contemplating international expansion, and have narrowed your choices down to the US, Brazil and China. Your assistant has prepared general market profiles for these three markets and you are conducting preliminary assessments.

1. What are the major similarities among these markets?

2. What are the major differences?

3. What other information would you ask for?

Short Case Ch 7: p. 354

Managing Risk in Emerging Markets

1. Why do firms operate in high-risk countries (give specific examples)?

2. What sorts of risks are uncontrollable? Why?

Use the  Short Case Ch 7: p. 354+  -Managing Risk in Emerging Markets from your textbook as a reference for your answers to this Discussion Board.

Consider that you may be travelling for business or pleasure to a country other than your own.  Answer the questions below as to the 3 scenarios.

What precautions would you take and why IF:

You are traveling to a country:

a.)   With a reputation for kidnapping international executives (e.g. Colombia, Peru)

b.)   And Businessmen with criminal connections

c.)  With active guerilla movements