Jerzy krakowski is a cobbler who lives in the small town of owczary on the outskirts of krakow, poland. over the years, he has developed a following of devoted clients, including tourists from other countries. one of his best clients, leon alvarez, owns a chain of shoe stores in spain. leon is trying to persuade jerzy to develop an international business, starting in spain. but how should jerzy do jerzy is considering several different strategic objectives, and he asks you to him identify the best approach for international involvement based on his objectives. identify the market entry strategy that will best jerzy to meet his objectives. situation: jerzy has made a tremendous amount of money selling his shoes, and leon is very persuasive. jerzy wants to have the maximum amount of control over his global business, and he is willing to assume a lot of risk to do so. he is considering opening up a completely new operation in spain. jerzy spends a lot of sleepless nights wondering how he is going to make sure he markets his product correctly in a country that he doesn’t know.

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396

2. the external environment (connect)choose whether each example belongs in the general, task, or internal environment.exampleenvironmenta worldwide recession task environment / general environment / internal environmentlocal mothers asking their community grocery store to carry no-salt cheerios-type cereal for their babies task environment / general environment / internal environmentchoose the phrase that best completes the following sentence.the relationship between the task environment and the general environment is best described as: a one-way system: changes in the task environment affect the general environment, but changes in the general environment do not affect the task environment.an open system: changes in the task environment affect the general environment, and changes in the general environment affect the task environment.a one-way system: changes in the general environment affect the task environment, but changes in the task environment do not affect the general environment.a closed system: changes in the general environment do not affect the task environment, and changes in the task environment do not affect the general environment.©bloomberg via getty imagesmanagement in the newsin april 2010, the explosion of british petroleum’s (bp) deepwater horizon oil drilling rig and the accompanying oil spill dramatically changed the external environment in which all oil companies operate. the explosion released more oil than any other accidental spill in history and had a huge impact on the waters and surrounding communities of the gulf coast. the conditions that led to the spill, the attempts to stop the spill, and the clean-up and aftermath of the spill prompted debates in the u.s. senate, concern on wall street, and attention from companies all over the world.match each oil spill event with a specific dimension of the general environment.eventgeneral environment dimensionbp stock prices falling 25% during the first month after the oil spill oil seeping into pelican nesting grounds, which will place the brown pelican back on the endangered species list people moving from louisiana to oklahoma to avoid the effects of the spill

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