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· Standard IX. Organizational Structure of International Business...
Achievement Standard: Identify forms of business ownership and entrepreneurial
opportunities available in international business.
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| A. Forms of Business Ownership | |
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Level 3 (Secondary) - Performance Expectations: Suggest an appropriate
form of business ownership for different international business situations.
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TIME
REQUIRED:
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50-60
minutes
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RECOMMENDED
GRADE:
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Grades:
9-12
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INSTRUCTIONAL
OBJECTIVES:
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1.
Distinguish among three types of strategies for businesses that engage
in global transactions
2. Determine an appropriate strategy for different international business situations |
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MATERIALS:
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Case problems (attached) |
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RATIONALE:
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:Once
a company has determined to enter a foreign market, it must determine the
best way to enter that market. Students need to realize that many
choices for business ownership are available. Students will realize
that some choices involve more commitment and risk, but will result in
more control and potential for profit.
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PROCEDURE:
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1.
Discuss the various business ownership options for doing business in another
country. Examine advantages and disadvantages of each.
2. In teams or individually students will determine the best strategy for each of the case problems. |
| EVALUATION: | Students will prepare a written explanation for their decision in each
of the case problems.
Once a company has decided to do business in another country, it must determine the best strategy for operating in the country. The three basic choices are exporting, joint venturing, and direct investment. |
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AUTHOR:
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Dr. Lila Waldman, Murray State University, Murray, KY |
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EDITORS:
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Les
Dlabay, Lake Forrest College, Wildwood, IL.
Robert
Ristau, Eastern Michigan University (ret.), Ypsilanti, MI.
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Click here to download Microsoft Word version of the plan including handouts. |
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