Governmental and Societal Risks
Economic and Financial Risks
Strategic Business Risks
Prof. J's Story
80's Music
100
This "taxing" situation can artificially inflate the cost of your product relative to domestic competition.
What is a tariff?
100
$1 USD = .75 Euro
What is currency exchange?
100
When the U.S. dollar is relatively "weak" against foreign currencies, U.S. companies always seem to do more of this to other nations.
What is export?
100
This British company makes jet engines for commercial and military applications.
What is Rolls-Royce?
100
These legendary rappers partnered with Aerosmith to create one of the most popular "re-makes" of all time.
Who is RUN DMC?
200
In some countries, this act of "influence" goes without penalty or sanction and can alter the outcome of a business transaction.
What is a bribe?
200
Issuing stock, attaining loans or finding venture funds for business needs are called this.
What are sources of capital?
200
If one relocates their manufacturing facilities from coastal China cities to inland provinces to save on labor, these physical business support necessities get very "sketch".
What is infrastructure?
200
This Swiss pharmaceutical company is largely influenced by this non-Swiss country's culture.
What is Germany?
200
This drummer turned lead singer had a "Genesis" when venturing out on his own during the 80's.
Who is Phil Collins?
300
Frequent and sometimes unplanned government leadership changes often creates this "unsettling" environment for multinational corporations.
What is political instability?
300
The social science that analyzes the production, distribution, and consumption of goods and services and plays a big role in anticipating foreign business opportunities.
What is economics?
300
Granting exclusive rights for a manufacturer to make your product in a foreign country is called this.
What is licensing?
300
In this country, it's generally not considered disrespectful to leave a teleconference/webinar when one is "done" for the day.
What is Spain?
300
This daytime soap opera star turned rocker always wanted to date "Jessie's Girl".
Who is Rick Springfield?
400
Some multinational corporations can pay these twice on profits earned through foreign operations.
What are corporate taxes?
400
In many European countries, especially the U.K., these frequent events always seem to prevent timely access to your money.
What are bank holidays?
400
The term for the process one utilizes to evaluate a foreign market partner (and is often used in acquisitions and mergers).
What is due diligence?
400
You can count on an armed "escort" as an American customer visiting a supplier in this country.
What is Israel?
400
This band crafted one of Prof. J.'s personal favorite inspirational songs involving a... "city boy born and raised in South Detroit".
What is Journey?
500
Language, customs, norms and even gestures are often called this.
What is culture?
500
This event continues to plague most of Europe and contributed to the 2007-08 "Great Recession" in the U.S.
What is a financial (banking) crisis?
500
Copyrights, trademarks, patents, industrial design rights, trade dress, and trade secrets are often considered this.
What is intellectual property?
500
This credit card company put the purchasing power directly in Ford employees' hands for low-dollar-value purchases.
What is American Express?
500
This legendary British band always performed best "Under Pressure".
What is Queen?