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Sample Answers
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SAMPLE MIDTERM
NOTE: You may want to highlight all the text in this file and then
"copy" and "paste" it to a word processing file. You can then type in your
answers below each question or insert spaces for a handwritten answer.
Part I: Short Answers (Please answer ANY 6 of the following 8 questions. If
you answer more than six, only the first six questions will count toward your
grade. If you start on an answer and decide to abandon it, please make sure that
your answer is crossed out.
- Please discuss how Islamic law differs from either the common law or code
law, emphasizing implications for doing business.
- According to the text, what is the significance of "linguistic distance?"
- Reliable Riffles, Inc., sells very specialized weapons and targets jealous
spouses that would like to do something about individuals with whom they
suspect their spouse is having (or has had) an affair. So far, RR has sold its
product exclusively in the U.S., but management is now looking to go abroad
and thus wants to do marketing research in potential countries. Please discuss
advantages and disadvantages of primary, relative to secondary, market
research, for RR's situation.
- Protectionism generally hurts most consumers in the country that imposes
it. Yet, as we saw on the video tape on the sugar industry, it persists. Why?
- Rap singer Scoop "Catty" Cat is interested in marketing her new album
Rappurrrring! in different countries and is intrigued by the concept of
high vs. low context cultures. She has asked you to consult on how this issue
might relate to the acceptance of her lyrics in different cultures.
- According to the text, what were the findings of a recent study of effects
of consumers in twenty-one protected industries?
- According to the text, how does explicit and implicit business
communication differ, and what are the implications of this?
- Please discuss laws of interest to U.S. firms doing business abroad.
Part II: Case. Part II. "Issue spotter" case Please apply course
concepts to one of the two cases below. You must (1) identify
which course issues are relevant and important to the firm and then (2)
apply those concepts to the specific situation of the firm.
Grading will be based on:
 | the significance to the firm of the issues that you identify (you
must decide which issues are applicable and are genuinely important for the
specific firm); |
 | how well you relate the ideas to the specific situation of the firm in
question (merely regurgitating class notes in the abstract will yield no
credit); |
 | the extent to which in-depth knowledge of the ideas applied is expressed
(note that your reasoning must be evident and explicit); and |
 | the extent to which the answer is well organized. |
PLEASE BE SURE THAT YOU RELATE YOUR ANSWERS TO THE SPECIFICS OF THE FIRM—GENERAL
ANSWERS ARE NOT OF INTEREST!
There will be no credit for:
 | "No brainer" observations, such as the need for the firm to take
culture into consideration (you must discuss likely cultural influences in
context of the firm situation) or the need to do research (you must
justify the issues and methods that you explicitly indicate); |
 | Outside knowledge (what you happen to know about this particular firm,
beyond what was covered in class, readings, or in the case); |
 | Ideas which are too vague to be meaningful; |
 | Ideas not related to issues discussed in this course (e.g., issues not
of international significance); |
 | "Buzz" words whose meaning is not discussed; or |
 | General ideas not tailored to the needs of the specific firm. |
- Dole Fruits is interested in expanding its sales of fruits in Japan.
Currently, fruits in Japan cost several times what they cost in the United
States, but there has been a strong desire in Japan to have as much as
possible of the food consumed produced there. Despite the current economic
crisis, Japanese incomes are quite high by international standards, and the
Japanese per capita gross domestic product is approximately $41,000, compared
to $32,000 in the U.S. Nevertheless, with the economy not as strong as it has
been in the past, consumers have been seeking cheaper goods and have become
more receptive to imports.
- Starbuck’s, which has been very successful in getting American consumes to
"fork out" three dollars or more for a fancy cup of coffee, fears that it is
running out of growth opportunities in the home market, and would like to
expand into Europe and Asia. Although Europeans and Asians are not used to
paying these exorbitant prices for coffee, an executive pointed out that
Americans were not used to these prices when the chain began, but have been
willing to pay for the upscale experience and high quality service.
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