What do you understand by business ethics in International business

15 Sep

International Business

1. What do you understand by business ethics in International business. How can a firm maintain a balance and display international business ethics practices of highest order without compromising on profit maximization.

2. Can you classify Dell Vostro1740 laptop as a global product? What is the concept of a global product? What are the different product strategies organizations can use and which strategy would you choose, say as marketing in charge at Dell.

3. A) Can a firm trade in every and all types of goods, products and services in international markets? Explain the concept of Export Restrictions. What is the difference between prohibited goods and restricted goods.

3. B) What are the common export/import documents required for those goods, products and services which are freely tradable. Why are these documents required in the first place? What are four ways to obtain export license?

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