Globalisation, International Trade and Business Strategy: Fixed Study Answers
Chapter 1: Globalisation
1. Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in the United Kingdom? North America? Hong Kong?
Over the past 30 years, the world economy has become increasingly globalised and interconnected. The United States and other developed economies have lost some of their relative dominance, while China and other Asian economies have experienced significant growth. International trade
Read MoreInternational Finance: Concepts, Instruments, and Risks
What Is International Finance?
International finance is the movement of money between countries. It includes investments, loans, exchange rates, and financial risks, helping companies conduct business globally.
Example: A Chilean company buys machinery from the USA and pays in USD. If the dollar strengthens, the company must pay more CLP.
International Finance vs. Domestic Finance
International finance involves transactions across borders, dealing with multiple currencies, jurisdictions, and legal systems.
Read MoreValuation Methods, LP Needs and Equity Deal Structures for Startups
Part A: Other than through the use of the Comparables Method, describe how you might go about valuing each of these companies. What information would you need? What challenges will you face? Address each firm separately and support your choice of method of valuation.
HealthTech: Venture Capital Method
It is an unprofitable start-up with negative, volatile cash flows and few comparables, so a DCF is unreliable. The VC Method values the firm at a future date when it is profitable (terminal value via
Global Mindset Case Studies: Universalism, Particularism and Cultural Relativity
Global Mindset: Type A
Q1 Late order, road closed. A supplier asks to deliver two days after the deadline because its only road was closed. Eight years of trust; a new supplier has the same problem.
(a) Define universalism and particularism and give each side’s reason. Universalism applies one general rule to every comparable case, so fairness is one standard for all. Particularism looks at the relationship and the specific situation, so fairness is responding to real needs. A universalist buyer refuses
Read More產品生命週期七階段與產品管理實務指南
L1：產品生命週期的七個階段 Seven Phases of the Product Life Cycle
Phase I – Conceive
Discover product opportunities, validate product-market fit, and develop preliminary strategic documents listed in key deliverables.
Key deliverables: Preliminary versions of the business plan, market needs, and market strategy documents.
Decision at the gate: Will the company agree to provide the funding and resources to proceed to the plan phase and gain a deeper understanding of the key parameters of
Read MoreValue Chain, Transportation Modes and INCOTERMS in International Trade
Value Chain
Value Chain Definition: A set of sequential and interrelated activities that a company carries out to design, produce, market, deliver and support its product. The aim is to create value for the customer and generate a sustainable competitive advantage.
Mapping
Porter:
- Support activities: infrastructure, human resources, R&D, and procurement.
- Primary activities: operations, inbound and outbound logistics, marketing and sales, and service.
Margin = total sales value − expenses from primary
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