1. Using the Internet, research the prices of several products in one or more foreign countries and compare them to their prices in the home country where the goods are produced. What factors do you think determine the foreign prices? Do you think any of the prices are artificially high or low in one country or another? 2. Managers and leaders are continually required to make decisions – to make ‘right’ decisions. However, decision-making is affected by biases. Discuss some of the common biases in decision-making and how they might be overcome.
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