Studysheet #3
NOTE: Underlined items on this page are hotlinked to web sites via the Web version of this Studysheet on the instructor’Äôs webpage
MANAGEMENT
|
international management comparative management |
international division structure global organization structure |
1. What core issues/problems pertain to the planning, organizing and control of international operations?
MANUFACTURING
|
"appropriate technology" local-content requirements contract manufacturing export processing zone logistics service companies (integrators) |
competitive benchmarking TQM kanban kaizen sweatshop |
2. "The tasks, issues, concerns and problems of a manufacturing manager are much the same around the world." Discuss.
MARKETING
3. "It makes little sense to use a standard marketing strategy worldwide." Discuss in regards to product mix,
pricing, promotion, distribution channels and market research
FINANCE
|
offshore financial centers/services international banking facility (IBF) Eurobond, -note and -equity American Depository Receipt (ADR) |
foreign-exchange risk .... transaction risk .... translation risk foreign-exchange hedging foreign-exchange controls blocked funds intra-corporate transfer pricing |
4. Discuss the tasks, issues, decisions and problems related to international sourcing/management of financial resources.
What major factors internal and external to the firm influence its financial decisions? Discuss/explain.
5. What financial risks are associated with an imminent devaluation of a currency in which your firm has transactions? What
actions can be taken to reduce foreign-exchange risk and what are some constraints in implementing them?
(cf. Bolivar Bramble case)
ACCOUNTING
|
Internat. Acctng,
& Stds. Boardco.uk/ transparency |
foreign currency translation International Financial Reporting Standards (IFRS) |
6. What key issues are associated with international accounting?
TAXATION
|
tax credit tax deferral value-added tax tax and regulatory havens |
bilateral tax treaties unitary vs. territorial method of tax assessment expatriate taxation (U.S.) |
7. What major tax issues and problems are associated with international business? Discuss.
8. Describe U.S. taxation of foreign earnings of U.S. citizens (individual and corporate).
HUMAN RESOURCE ISSUES
|
industrial democracy International Labor Organization (ILO) international unionism |
expatriate host-country national third-country national |
9. What special issues/problems pertain to staffing decisions in international corporations (e.g., hiring, training,
compensation, termination)?
10. How and why do countries differ in their systems of employer-employee relations (e.g., re pay, fringe benefits,
layoffs, working conditions, dispute resolution and employee involvement in decision making)?