You have been appointed an advisor to the IMF. Your role is to offer advice on the currency exchange rate systems. Which system is more desirable for international business – fixed or floating exchange rate? Discuss.
As a business consultant, you have been asked for advice regarding different methods of foreign market entry strategy as prescribed by Root’s Model. Outline the advantages and disadvantages of each foreign market entry mode when entering and expanding into international markets. Your answer should be supported with appropriate examples.
Critically analyze the view that Foreign Direct Investment (FDI) is an instrument of imperialist domination whereby Multinational Corporations (MNCs) exploit developing countries to the exclusive benefit of their home countries.
Critically evaluate the idea that globalization has led to a change in the demographics of the world economy.
“Culture is the collective programming of the mind which distinguishes the members of the human group from another ……” Geert Hofstede
An understanding of how cultural differences across and within nations can affect the way business is practiced. Critically discuss Hofstede’s cultural dimensions in providing businesses with the understanding required.
Critically evaluate the economic and political arguments for regional economic integration.
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