International Business

International Business

Please choose ONE of the following questions to answer:

1.             “Businesses operate in a world of regionalism not globalism”. Do you agree or disagree with this statement? Explain your answer.

2.             How is our understanding of international trade advanced as a result of Porter’s determination of National Competitive Advantage?

3.             Why do firms become multinational enterprises? Identify and discuss four reasons, making sure to incorporate examples into your answer.

4.             “Political ideologies and economic systems have been superseded by the free market model”. How far do you agree with this statement? Explain your answer.

5.             In what way can the following basic predispositions affect an MNE’s strategic planning: ethnocentric, polycentric, regiocentric and geocentric? Use examples in your answer.

6.             “One of the most important considerations when implementing a strategy is that of location”. Carefully explain what this statement means.

7.             When would an MNE use a global area structure? When would the firm reject this structural arrangement in favour of a different structure?

8.             What are “dynamic capabilities”? Why are they particularly important for small firms operating in the international context?

9.             “Chinese MNEs warrant a new theoretical approach to understanding multinational firms and their reasons for internationalising”. Do you agree or disagree with this statement? Explain your answer.

10.          In what ways are MNEs developing new business networks with an ethical orientation? Using examples, explain why these developments are likely to help the companies maintain their competitive strengths.

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