For this composition, student’s were meant to create an essay on reflection with only visuals. We were meant to translate the word into
“Five Big Geopolitical Risks for 2015”, Eric Roston
“The 4 Global Forces…”, Richard Dobbs, James Manyika, Jonathan Woetzel
The Political & Legal Environments Facing Business, Daniels, Radebaugh, Sullivan
Question: What would it take to shift greater amounts of import to come from the US and Europe again so that there is a more balance amount of trade coming from East and West? What can influence the millennial population in Western regions to break into trade and industrial fields again?
“Global Cities of the Future: An Interactive Map” By McKinsey and Company
Question: What are other factors the author could have also considered when creating this map?
“The 4 Global Forces…”, Richard Dobbs, James Manyika, Jonathan Woetzel
Question: What are the next set of disruptive trends are we predicting for the future in a decade from now? And how prominent will the issues we face today be in the future? Will these same issues still even be existing in the future, or will we have moved onto something bigger by then?
“These are the Top 10 Geopolitical Risks of 2015” by Ian Bremmer
Question: Are there any regions not being affected that much by these risks and how does each risk affect each other?
“International Business Chapter 3: The Political & Legal Environments Facing Business” by John Daniels, Lee H. Radebaugh, and Daniel Sullivan
Question: How long should businesses discuss how they are going to deal with international lows before they are read to put their practices into play?
“Companies Don’t Go Global, People Do” by Sarah Cliffe
Question: What roll do physical appearances play in this process of adaption? For instance, if an African American travelled to Asia with some knowledge of their culture, how much harder would their appearance make it for them to be accepted into the community because they look different?
“Global Teams that Work” by Tsedal Neeley
Question: What types of advances in our future (not just technologically speaking) can we take to make international team structures easier to work with?
“When Culture Doesn’t Translate” by Erin Meyer
Question: What would happen and where would we be if everyone stuck to their own cultures and companies didn’t really try to expand beyond the local? Would we even be able to come close to the progress we are able to see today if we didn’t explore strategizing ideas globally?
“Women in the Muslim world taking the fast track to change” by Saadia Zahidi
Question: How does these changes impact regions on the outside socially and politically? Will the outside regions have to interact differently with the Muslim world because of this growing change to women’s education and how?
“International Business Chapter 2: The Cultural Environments Facing Business” by John Daniels, Lee H. Radebaugh, and Daniel Sullivan
Question: In what ways can technology such as the ili translator (http://www.iamili.com/) help people break the culture barrier? Are there new inventions we can develop that make it not only easier to communicate through language, but also through culture practices?
“Corruption Perception Index 2016”
Question: What would it take for a country to get a 100 on the Index? Why have some of the countries score actually fallen recently?
“International Business Chapter 4: The Economic Environments Facing Business” by John Daniels, Lee H. Radebaugh, and Daniel Sullivan
Question: What factors must also be considered when discussing the idea about sustainability? For instance, time and efficiency is a huge factor for businesses to consider which is why most companies turn to fast products. Because even if they do create more green products, if they can not produce in time to sell, they will not be able to support their company enough to continue making these green products.
Textbook Ch. 5: International Trade & Factor-Mobility Theory
Question: Can one company acting unethically affect another company in a completely different industry? If so, examples?
“Urban World: The Shifting Global Business Landscape” Mckinsey and Company
Question: Aside from factors associating to risk, are there other reasons companies might be afraid of changing?
Question: Why is this event only occurring in Pasadena and not other surrounding cities of Los Angeles or within California?
Question: What incentive does WRAP give companies to join their team and are there other groups similar to wrap with the same goal in mind? How successful has WRAP been over the years?
Textbook Ch. 6: International Trade and Factor-Mobility Theory
Question: Are there any factors companies can consider while trading with others to determine if the other company is a good fit and they should continue trade relations?
Source: Interactive Currency-Comparison Tool. The Big Mac Index. The Economist. January 7 2016. http://www.economist.com/content/big-mac-index
Question: Why is the index being so heavily criticized in the comments? Will the index ever incorporate other forms of currency? How were the forms of currency to be measured or to be left out chosen?
Source: How Does Bitcoin Work? https://bitcoin.org/en/how-it-works
Questions: What need was the founder trying to fill when he came up with the idea of the bitcoin system? Why is this service necessary? What are some of the uncertainties about bitcoin? How can bitcoin effect the economy?
Source: Torpey, Kyle. Snapcard CEO: Developing Countries Care About Bitcoin, Not Blockchain. Bitcoin Magazine. January 11 2016. https://bitcoinmagazine.com/articles/snapcard-ceo-developing-countries-care-about-bitcoin-not-blockchain-1452534146/
Question: How would block chains or bitcoins be rated in different countries in the Big Mac Index? How long would it take for a developing country to adopt a bitcoin system with most of the population using it if they chose to pursue using the currency?
Source: What is Islamic Banking? And Islamic Banking Principles. Institute of Islamic Banking and Insurance.
Question: When might we see another non-interest based bank start up again and what improvements can be made this time to insure that it won’t fail this time?
Source: Textbook Ch. 9: The Determination of Exchange Markets
Question: Which countries are more likely or less likely to use part take in the foreign exchange market? Those who are more developed or those in emerging markets? Explain why?
Source: Textbook Ch. 10: Global Capital Markets
Questions: What if the entire world used the same form of currency strove to monetary unity? Would this make it easier or harder to trade? What would it take for this to happen and is it even possible?
Questions: How long can the surging prices support the economy until a better solution for the shrinking GDP can be found?
Source: Textbook Ch. 13: Country Evaluation & Selection
Questions: On average how many companies/countries do bigger companies typically trade with and how many do small companies trade with? What’s an indication that a company should start expanding or decreasing the amount of countries they deal with? What terms should companies consider negotiating when deciding to trade with eachother?
Source: Textbook Ch. 14: Export & Import
Question? Who in a company is usually the one to make sure these collaborations between companies run smoothly? How hard is it and is it possible for smaller undeveloped companies to collaborate with bigger corporations?
Source: Textbook Ch. 15: Direct Investment & Collaborative Strategies
Question: Can organizational structures be harmful to a company in anyway? Can it prevent a company’s growth in anyway? What happens if a company deviates from the structure?
Source: Textbook Ch. 11: Globalization & Society
Question: Do different countries value products differently? So would one country prefer cheaper prices over innovation whereas another country might prefer the opposite? Can a company handle both values at the same time?
Source: Textbook Ch. 16: Marketing Globally
Question: How can marketers alleviate from creating standards or stereotypes when developing strategies or analyzing marketing segmentations?
Source: Textbook Ch. 17: Global Manufacturing and Supply Chain Management
Question: How often do managers check up on the actual factory or facility itself? What is the protocol if one manufacturing had some sort of natural disaster, do we just quickly turn to another facility? How can we make our manufacturing systems more sustainable?
Question: How does firm’s measure their performance and success of their marketing efforts? Are more traditional forms of marketing fading because of digital marketing?