List at least four general cultural factors and four specific business factors driving global business. Which two factors (one of each) do you feel are most problematic at the current moment? Why?
What will be an ideal response?
General cultural factors include global communication and transportation technologies, development of the global culture, emergency global social norms, political stability, and a global knowledge base. Specific business factors include global markets, global production operations, global coordination, global workforce, and global economies of scale.
One answer might be that two general cultural factors most in danger at the current moment are political stability and development of a global culture (either would be a good answer). Two business factors most problematic at the moment are global coordination and global workforce. Coordinating work on a truly global scale requires a fairly high level of corporation sophistication that only a small number of large firms are truly capable of on a real-time basis; and there is significant opposition in both developed and under-developed countries to changes in local labor markets which are threatened by global trade.
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Earned income is a measure of profitability
Indicate whether the statement is true or false
In a global economy,
a. the trade of goods and services is focused on trade between or among countries on the same continent. b. the international movement of labor is prohibited except for multilingual persons. c. the international flows of capital and information are common. d. all of the above happen in a global economy.
Identify and describe the three parts of the motivation process.
What will be an ideal response?
When employees engage in a strike with unlawful means or an unlawful purpose, they are still legally protected and therefore may not be discharged by their employer
Indicate whether the statement is true or false