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International Business Practices:
1500 to 2000 words.
A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.
In pursuing this, what type of presence do you think would be best suited to your objectives?
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Discuss current management practices and principles used in the current global business environment.
Summarize the opportunities and risks of doing business in foreign countries.
Explain how differences between foreign and domestic environments impact the conduct of business.
Describe how global managers are able to influence management decisions despite cultural and language differences.
Compare alternative organizational structures for international operations.
Discuss strategies organizations can pursue for international market expansion.
Use effective communication techniques.
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