The International Flow of Funds and Exchange Rates What is the difference between independent floating, managed floating, and fixed exchange rate systems? Provide an example of a direct quote of an exchange rate. BUSN 369 DeVry Week 3 Discussion 1 Global Business Considerations Name the four primary elements of culture and describe why they are important when marketing products and services internationally. BUSN 369 DeVry Week 3 Discussion 2 The Legal and Political Environment of Global Business Criminal laws vary extensively throughout the world. What may be a crime in one country may represent permissible conduct in another location. Why are there vast global differences? BUSN 369 DeVry Week 4 Discussion 1 Ethics in Global Business Why are people's ethical characters so important to business and society? BUSN 369 DeVry Week 4 Discussion 2 Control of Global Business MNEs try to maximize profits. How could MNEs maximize profits and minimize profit volatility at the same time? BUSN 369 DeVry Week 5 Discussion 1 Global HR Describe at least three potential problems global businesses face when they outsource or subcontract their work to companies in other countries? (e.g., a U.S. sneaker company outsourcing the manufacturing of its sneakers to a separate company in China or Vietnam.) BUSN 369 DeVry Week 5 Discussion 2 Labor Standards for Doing Business Globally If you were the president of the United States and trying to negotiate better labor standards for NAFTA, what new provisions might you try and negotiate (at least from the United States perspective)? BUSN 369 DeVry Week 6 Discussion 1 Global Marketing Explain three reasons why companies need to research their international markets. BUSN 369 DeVry Week 6 Discussion 2
Global Operations and Supply-Chain Management List and describe at least three factors that a firm should consider when making an outsourcing decision. BUSN 369 DeVry Week 7 Discussion 1 Managing Global Financial Resources Explain the main sources of finance for international trade and investment. Distinguish between short-term and long-term finance sources. BUSN 369 DeVry Week 7 Discussion 2 Accounting and Taxation in Global Business Describe three benefits for every country using the same GAAP; that is, IFRS? Explain why a country would not want to adopt IFRS?