Question 3

Using an example explain why the Market Power Approach proposed by Hymer is still valid today.

Question 4

Even with all the criticisms levied against it, what make the role World Trade Organization relevant in global business?

Question 5

Using an example discuss why culture is so relevant in international business activity?

Question 6

Using examples discuss why Africa is seen as the next emergent area for international business activity?

Question 7

Discuss the relevance of the UN’s Millennium Development goals? Use any two to make your point.

Question 8

Discuss the impact of Internet technologies on international business. Use examples.

Question 9

Using examples discuss why corporate social responsibility will contribute to increased profits for organizations.

Question 10

Explain why it is critical for organizations to invest in research and development; particularly in an increasingly globalized world? Use an example to make your point.

Question 11

Explain using an example why multinational organizations would rather standardize than adapt their products in their markets.

Question 12

Using examples discuss the term – ‘think globally but act locally’.

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