Exam (elaborations)
Cba 300 - CHAPTER 1 Questions And Answers Latest Update
- Course
- CBA 300
- Institution
- California State University, Long Beach
Cba 300 - CHAPTER 1 Questions And Answers Latest Update
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2024/2025Cba 300 - CHAPTER 1 Questions
And Answers Latest Update
international busienss ANS✔✔ business that is carried out across international borders.
foreign business ANS✔✔ denotes the operations of a company outside its home or domestic
market (conducted in a foreign country)
international company ANS✔✔ company with operations in multiple nations AKA MNCs
external/uncontrollable forces ANS✔✔ forces management has no direct control over, although it
can exert influence. managers must adapt to changes.
what are the 11 external forces? ANS✔✔ competitive, distributive, economic, socioeconomic,
financial, legal, physical, political, sociocultural, labor, technological
internal/controllable forces ANS✔✔ management has control over - HR, finance, production,
marketing
do the uncontrollable forces affect the controllable forces of the market? ANS✔✔ yes - example:
EU and brexit
domestic environment ANS✔✔ all the uncontrollable forces originating in the home country that
surround and influence the life and development of the firm.
foreign environment ANS✔✔ refers to all the uncontrollable forces origination outside the home
country that surround and influence the firm. they operate differently than the other environments.
what are some reasons the foreign environment operates differently? ANS✔✔ forces have
difference in values, difficult to asses, and are interrelated
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