Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
Chapter 3, Problem 2CE
Summary Introduction
To determine: The task performed, skills needed, pay and opportunity outlook of the career.
Introduction:
Translator is a person whose job is to translate one language into other languages.
Expert Solution & Answer
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Check out a sample textbook solutionStudents have asked these similar questions
You are a businessperson who speaks only English.
Your company does business primarily in Colombia, Venezuela, Brazil, and Argentina.
Which of the following is likely to be both feasible and beneficial to your ability to conduct international business?
A) learning Polish, French, and Korean
B) learning Arabic
C) improving your command of English
D) learning Spanish or Portuguese
E) learn bits and pieces of French, Polish, Korean, Portuguese, and Chinese
In detail discuss, if "the language of international business is English," why is it important to develop a skill in a foreign language?
How did gaining this new knowledge make you feel about International Business?
Chapter 3 Solutions
Understanding Business
Ch. 3.1 - Prob. 3.1AQCh. 3.2 - Prob. 3.2AQCh. 3.2 - Prob. 1TPCh. 3.2 - Prob. 2TPCh. 3.2 - Prob. 3TPCh. 3.2 - Prob. 4TPCh. 3.3 - Prob. 3.3AQCh. 3.3 - Prob. 3.3BQCh. 3.3 - Prob. 3.3CQCh. 3.3 - Prob. 5TP
Ch. 3.3 - Prob. 6TPCh. 3.3 - Prob. 7TPCh. 3.3 - Prob. 8TPCh. 3.4 - Prob. 3.4AQCh. 3.4 - Prob. 1MEDCh. 3.4 - Prob. 9TPCh. 3.4 - Prob. 10TPCh. 3.4 - Prob. 11TPCh. 3.4 - Prob. 12TPCh. 3.5 - Prob. 3.5AQCh. 3.5 - Prob. 3.5BQCh. 3.5 - Prob. 13TPCh. 3.5 - Prob. 14TPCh. 3.5 - Prob. 15TPCh. 3.5 - Prob. 16TPCh. 3.6 - Prob. 3.6AQCh. 3.6 - Prob. 17TPCh. 3.6 - Prob. 18TPCh. 3.6 - Prob. 19TPCh. 3 - Prob. 1CECh. 3 - Prob. 2CECh. 3 - Prob. 3CECh. 3 - Prob. 4CECh. 3 - Prob. 1CTCh. 3 - Prob. 2CTCh. 3 - Prob. 3CTCh. 3 - Prob. 4CTCh. 3 - Prob. 1DCSCh. 3 - Prob. 2DCSCh. 3 - Prob. 3DCSCh. 3 - Prob. 4DCSCh. 3 - Prob. 6DCSCh. 3 - Prob. 1VCCh. 3 - Prob. 2VCCh. 3 - Prob. 3VC
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Similar questions
- China and India have been the world's fastest-growing economies in recent years, and Brazil is becoming a major force in international commerce. Write a short essay that summarizes how these three countries are changing the landscape of international business, and describe the arena in which each excels. Then choose some type of business that you would like to be involved in, and describe how and why you, as a manager in that business, would choose to work with other organizations in one of these three countries.arrow_forwardStudying international business is important for all the following reasons except for ________. A) It explains why a government is motivated by profit. B) An understanding helps you decide what governmental policies to support. C) The best way of conducting business may differ by country. D) It helps managers to decide where to find resources and to sell. E) Modes of operations may differ from those used domestically. F) Most companies are either international or compete with international companies. G)An understanding helps you make better career decisions.arrow_forwardTake a company of your own choice and pass it through the internationalization process. Describe the characteristics of the company, its market, sector, and the mode of internationalization it choose. Give reasons for your answer. The company you choose should be new and assumed/hypothetical. It should not be an existing company.arrow_forward
- The growth of the Internet has allowed most companies the option of doing business globally. However, businesses still need to think about the ethical and legal issues at stake when doing so. Global business reflects many of the same legal and ethical issues that have been discussed so far in this class. Think of a popular brand name that you really like. Imagine that you are working with that company to expand and conduct business globally. What potential ethical issues should your company consider in expanding globally? Discuss the potential legal risks of doing business globally.arrow_forwardWhat are the positives and negatives associated with being an international business travelerarrow_forwardThere are many Modes of Entry for International Business. Discuss the advantages and disadvantages of each of these. If you are a small Furniture Company and plan to enter a Country with high business risks, which mode of entry would you recommend? Justifyarrow_forward
- As an international trade document, what does an import/export license allow you to do? A- Discuss purchasing arrangements with vendors. B- Bring goods into a country or ship them out. C- Navigate an automobile. D- Conduct research on foreign businesses.arrow_forwardTake a company of your own choice and pass it through the internationalization process. Describe the characteristics of the company, its market, sector, and the mode of internationalization it choose. Give reasons for your answer. The company you choose should be new and assumed/hypothetical. It should not be an existing company. (Note: If you choose a company from internet I will check it on internet you will get zeroarrow_forwardWhich three (choose all three) of the following arguments are often used to support franchising as a means of internationalization? Select one: O a. Franchising establishes an immediate presence overseas with relatively little direct investment O b. Franchising allows the franchisee to benefit from the global brand image and marketing expenditure of the franchiser O C. Franchising provides opportunities for technical economies of scale O d. Franchising allows the franchisor to retain substantial control whilst benefiting from the franchisees 'local' knowledge O e. Franchising removes restrictions on what the franchisor can or cannot doarrow_forward
- Think of a fast food outlet or corporation that is operating in your country, but is also known world wide. From your personal experience or otherwise, compare the similarities and differences in the company; (for example, in the products and services it offers; in the dress code; its operations, etc.)arrow_forwardWhen considering entering international markets, there are some significant strategic and tactical decisions to be made. Each entry mode has different pros and cons, addressing issues like cost, control, speed to market, legal barriers, and cultural barriers with different degrees of efficiency. In this perspective, discuss any two methods of doing business internationally. You are also required to briefly discuss advantages and disadvantages. Use real life examples to support your answer.arrow_forwardCultural Differences are very common in International Business. How would you respond to cultural differences in matters of dealing with Marketing of your products? Explain with relevant examples.arrow_forward
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