The World Bank Group is a major player in development assistance throughout the world. Using this web site, click on "About Us" and look at all related sites under "About Us" to answer the following questions:
To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.
An exchange rate is the rate at which the currency of one nation can be exchanged for that of another. These rates are constantly fluctuating. The above site, x-rates.com, allows you to take one currency and convert it into another. This allows you to know what one currency is worth relative to another. The rates are updated daily around noon Eastern Standard Time, unless new rates are not available. Use this site to answer the following questions:
Procter & Gamble (P&G) employs nearly 102,000 people in more than 80 countries marketing nearly 300 brands of household products in more than 160 countries around the world. P&G is truly a globalized company. The above web site lists and describes products, by brand name, and where they are available. Notice that all brands are not sold in all areas of the world. P&G understands that it must adapt to meet the special demands of foreign customers. Use the above web site to answer the following questions:
If a company wishes to pursue business abroad, it must understand the social and cultural differences between the host country and the home country. How well do you understand cultures around the world? The above web site will test your cultural IQ on a number of issues. Using the above web site, answer the following questions:
One way companies become involved internationally is through licensing arrangements. Firms give foreign individuals or companies exclusive rights to market products a certain way. Through franchising, 7-Eleven is involved in international licensing. Use the above web site to answer the following questions: