Comprehensively and accurately answer each of all the following questions with a paragraph-long answer.
1) What are the reasons for a domestic business to internationalize? List three.
2) What are some pros and cons of globalization? List two pros and two cons.
3) What does power distance refer to? Illustrate with an example the difference between high and low power distance cultures.
4) What is the difference between utilitarianism and Kantian ethics and how can they run counter with each other? Illustrate with an example in international business.
5) How does nonverbal communication affect negotiation between those from different cultures? Explain.
6) How does cross-cultural literacy help an international manager navigate the international business environment better? Illustrate with an example.
7) Provide an example in an international business setting where an ethical dilemma affects business decision. Explain why there is a dilemma, what factors need to be considered, and what the implications are.
8) What are some factors that affect the development of a country’s national culture? List two and explain.
9) Many international companies have found that it is helpful to hire local citizens for key management positions in a company location in another country. What advantages might a native offer to the company? Provide two of these.
10) What is the difference between long-term orientation and short-term orientation? Illustrate with an example how this can affect international business negotiation.
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