What are core competencies? How do firms that adopt an international strategy utilize their core competencies? How do firms that adopt a transnational strategy utilize their core competencies? A core competency is the ability of an organization that makes it …
What is the relationship between the five-forces model and a firm’s international business strategy? Provide examples to illustrate your answer. Five-forces model is concerned with the five factors i.e. competitors, new entrants, suppliers, buyers and substitute products and their impact …
Discuss the characteristics of international, multidomestic, global, and transnational strategies. Include situations and a specific example in which each strategy would be most appropriate. International strategy: companies make international strategies when they aim to target an international market for their …
Explain why the argument that “anything that is legal is ethical” is insufficient. The argument that anything that is legal is ethical is a great misunderstanding in my opinion. In simple terms I would say that was Holocaust ethical as …
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What is the difference between relativism and normativism? How do these concepts relate to ethical behavior in international business? The concepts of relativism and normativism are in action in our day to day life as well in the life cycle …
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Which stakeholders must companies satisfy? What role should stakeholders play in a firm’s internal code of conduct? There are different types of stakeholders in a company. They may be the investors, the workers, the suppliers, the customers and other people …
How do countries differ in terms of taxation? In regards to taxation, why do some MNEs turn to offshore financial centers? Why are offshore financial centers a concern to the OECD? Countries differ in terms of taxation systems depending on …
How do exchange rate changes affect a company’s marketing, production, and financial decisions? What predictors should a manager monitor to forecast exchange rate changes? Exchange rate may be extremely volatile (Devereux & Engel, 2002). The main reason that exchange rates …
Chapter 6: US – Cuban Trade Closing Case Should the United States seek to tighten its economic grip on Cuba? If so, why? In my opinion US should not tighten its economic grip on Cuba. There are several arguments in the …
Chapter 4: BRICs Vanguard of the revolution closing case Estimate the likely market evolution of the BRICs over the next decade. What economic indicators might companies monitor to best guide investments and actions. Research has indicated that the demand of …
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