FIN 419 Wk 5 Discussion – Global Interaction

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

Due Thursday

Increased global interaction has been promoted by advanced technology in communication, ideas, and culture, which largely encourages and facilitates international trading. Businesses go abroad in seeking better financial incentives, stronger networks, and markets of opportunities. But at the same time, the complexities in terms or risks involved in international operation are more than domestic firms.

Respond to the following in a minimum of 175 words:

• Discuss how to manage cultural risks and other factors related to a foreign operation of a multinational business.
• Is cultural, business, or political risk more challenging to overcome than one of the others? Why or why not?
• How should American standards influence multinational businesses?

Due Monday

Post 2 replies to classmates or your faculty member. Be constructive and professional.