Duane Helleloid, Ph.D.
Duane Helleloid is an Associate Professor and Chair, Department of Management, at the University of North Dakota. He previously held faculty appointments at The Stockholm School of Economics, The University of Maryland, The Norwegian School of Management, Rigas Ekonomikas Augstskola, The University of Connecticut, and Towson University. He also taught courses for the University of Shanghai for Science and Technology and the Norwegian School of Economics and Business Administration. His research interests are in the area of strategic decision making under conditions of high uncertainty. He holds a PhD from the University of Washington.
Retailers in several areas of India have decided to pull Coke and Pepsi products from their shelves. Behind this boycott is a combination of nationalism, support for small farmers who need water for irrigation, and concern over water quality and shortages. Coke and Pepsi are perceived as "foreign" firms that are making money off from a valuable national natural resource: water.
Small firms are using EBay to reach markets across borders. In Europe, sellers can now sign up to have items listed in multiple countries and have the descriptions translated into local languages. For EBay, more than half the company's revenue now comes from international markets.
Foreign dairy companies have found it difficult to enter the Chinese consumer market with milk, butter, cheese, and other dairy products. The food-service industry, however, which supplies restaurants and cafeterias, appears to be easier to enter while having lower margins. In order to encourage Chinese chefs to use more dairy products in their cooking, foreign dairy companies are holding workshops and investing in training kitchens to help introduce dairy products to Chinese chefs.
Large family-dominated conglomerates, called chaebol, have significant influence in Korean business. The nine largest companies in South Korea are responsible for 75 percent of the country's gross domestic product and have significant influence over government policies. A bribery investigation that implicates both the country's president and the leader of Samsung has led to renewed calls for reform of these highly successful conglomerates.
The U.S. agriculture industry depends heavily on exports, with more than half of U.S. wheat, rice, cotton, and soybean production traded overseas. Uncertainty over Trump’s farm policy, along with his administration’s clear signals to scuttle multilateral trade agreements, could be good news for farmers in Russia, Brazil, and Ukraine. With Trump pulling out of the Trans Pacific Partnership on trade, which was backed by farmers, countries that remain in the partnership may have preferential access to important markets.