Yesterday I had my last final exam in module one of the Spring Term at GWSB – Global Perspectives. Overall exam was not very difficult, especially given its open book, notes, internet access format. There was only one question I somehow had missed during the course regarding “foreignness liability”. Thanks to internet access I was able to find the answer to that one too. If you are preparing for the exam in global studies, here is a short excerpt:
Zaheer (1995) suggested that there are LOF costs, one of which is host-country environment costs or the costs of doing business in the host-country environment. These costs, for the most part, consist of discrimination costs against foreign MNEs. Another form of LOF cost is unfamiliarity costs, which tend to represent costs of being unfamiliar with the local environment. However, the notion of unfamiliarity can be extended to reflect unfamiliarity by a country’s consumers and institutions with a foreign country and its products. Perception of foreignness: benefit or liability?
The link above, as I found out, has peculiar behavior. If you come upon it through the google search, it gives you a longer excerpt of the article. If you come back via a link or bookmark, however, the excerpt is abbreviated. So if you go through the link above, you will likely not see the above citation, as it might be cut off.
Most of the questions had a format of three possible answers and a short explanation why you choose that answer. I was able to finish the exam about an hour before the official end. It was a nice feeling for a change 
. Especially since in my quantitative courses I usually don’t have enough time to answer all the questions.
Another note about the exam in general. Professor gathered in one auditorium all sections he had been teaching to in the module, so I could see people from the whole course. I actually saw two people who looked at least as old as I am. So I will have to pass on the dubious nomination of being the oldest MBA student in GWSB . Except they could be from other Masters programs in the business school or the George Washington University at large, as taking electives from outside a particular school within the University is allowed.
All in all, the first module of the Spring Term is done. My first class of the second module is already on Monday. That module is going to be more demanding because I have three classes instead of two. Oh well, we’ve been through that already in fall. I am going to survive :-) .
