1) Because of globalization, it is always better for a firm to quickly internationalize and
take advantage of foreign opportunities than to focus on domestic issues first and ease
into foreign markets.
2) The insight that competitors do not share certain resources and capabilities specific
to one’s firm is also known as the resource-based view.
3) HCNs in management and professional positions have increasing bargaining power.
4) Expatriate employees face fewer and lower-ranked employment opportunities upon
return to the US.
5) Discuss totalitarianism and outline the four major types of totalitarianism.
6) Identify the difference between fixed and floating exchange rates. Provide an
example of a situation where the fixed and floating exchange rates are used.
7) The ANZCERTA or CER, launched in 1983, turned historical rivalry between
Australia and New Zealand into a partnership.