Do you think that business practices in an Islamic country are likely to differ from business practices in the United States? If so how?
You are the CEO of a company that has to choose between making a $100 million investment in Russia or the Czech Republic. Both investments promise the same long-run return, so your choice is driven by risk considerations. Assess the various risks of doing business in each of these nations. Which investment would you favor and why?
Read about Islamic Capitalism in Chapter 4. Do you think that business practices in an
Islamic country are likely to differ from business practices in the United States? If so how?
Read the case on McDonald’s and Hindu Culture and answer the following questions:
a) McDonald’s has been reasonably successful in India, despite the country’s very different food culture. Why?
b) Do you think that McDonald’s could have and should have foreseen the problems it ran
into in India when using beef extract in its oil? What could it have done differently?