You must select 3 of the following 5 items: 1. Many social commentators maintain that teens across the world are becoming more and more alike as time goes on, especially fueled by MTV and the Internet. Others point out that differences in teen culture between countries far exceed similarities. Select either the position of: “People of different cultures are becoming more and more similar due to the expansion of global telecommunications.” Or, the position of : “Differences between people of different cultures are becoming more and more apparent due to the expansion of global telecommunications.” Defend your position through the use of course or other materials. Explain your reasons and provide supporting evidence. Your answer should be at least 2 pages. 2. List three products that you use in your everyday life and at work. For each product, answer the following questions: • Where is the product produced/manufactured/assembled? • Has any particular country achieved a dominant place in the market for this product? If so, which country? • Are the products tailored to each country’s needs or are they similar throughout the world? • Are the products marketed differently in each country, if so, how? 3. You have been asked to develop an Expatriate Program. Provide a detailed description of your program and why it will be successful. At least 2 pages. 4. Why are ethics in business important? Are ethical standards different in different countries (if yes, give examples). Can a standard global ethical framework be developed? If yes, what challenges would it face if a firm attempted to implement it in all its global locations. At least 2 pages. 5. If you had $100,000 of your firm’s money to invest in foreign currencies, which ones would you choose and why? How much in each? What would you expect the potential returns or risks to be? How would you convince your bosses to implement your investment plan? At least 2 pages.
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