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(i) (State any five (5) of the factors that have contributed to the growth of Newly
Industrialized Countries [NICs].)
(ii)
(What are Big Emerging Markets [BEMs] and how do they differ from other
developing countries?)
(iii) (List four (4) common characteristics of Big Emerging Markets [BEMs].)
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- Covid-19 looks like a “bend but won’t break crisis” for globalization. International flows areplummeting, but globalization — and opposition to globalization — will continue to present businessopportunities and challenges. Careful attention to the drivers of globalization’s future can helpcompanies navigate through and even profit from globalization’s turbulence. A volatile worldof partially connected national economies expands possibilities for global strategy even as itcomplicates the management of multinational firms. Now is the time for global corporations to showtheir value by harnessing the best of the world’s capabilities to end the pandemic and bolster therecovery.Critically discuss the drivers of globalisation that were most affected by the Covid-19 crisis. Please provide 10 drivers!!!2. Culture explains how we behave toward each other and with other groups especially when doing business across borders. Pretend you have been hired by ABC Company Limited. Your manager has indicated to you that the company wishes to do business in foreign markets but is worried about the cultural risk of foreign markets. With the use of an example, briefly describe to your manager ONE cross cultural risk that the company should be aware of and ONE recommendation you will make to mitigate your identified risk. A complete answer will include the use of an example to help support your explanation on the cross-cultural risk in the context of internationalization.1. Following Putin's initiation of a war with Ukraine, countries around the world responded with bans on Russian oil and other imports. These politically motivated trade sanctions can best be described by which concept? A. Trade embargos B. Export control C. Tariff barriers D. Deadweight cost 2. Which political argument against free trade most closely aligns with the current situation between Russia and the nations who have banded together as a coalition to make Russia the most sanctioned country in the world? A.Foreign policy B. Consumer protection C. Environmental and social responsibility D. National security 3. There are economic gains when firms from different countries can freely trade and engage in foreign direct investment (FDI). Thirty years of global economic integration with Russia has now come to an end for the time being. While emphasizing economic benefits, global economic integration is political in nature with which of the following as Its most fundamental goal? A. To…
- Which one of the following is NOT a reason a company decides to enter foreign markets? A) To spread business risk across a wider geographic market base B) To build the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market C) To capitalize on company competencies and capabilities D) To gain access to more buyers for the company's products/servicesE) To achieve lower costs and enhance the firm's competitivenessA1: Does government intervention and regulation of international business help or hinder a firm’s international business strategy? A2: Choose a “help” or “hinder” position and support your argument using examples from your textbook or other web-based sources.7. List disadvantages for a domestic economy and the citizens of home country that come as a result of Firm's decision to go global. How could the Firm mitigate these disadvantages?
- 8 ________________ refers to the establishment of long term investments a. Regionalism b. Internationalisation c. Foreign direct investment d. None of these6. Pretend you have been hired by International Company Limited and your director is interested in doing business emerging markets, which are beset by various challenges. Your director has asked you to write a brief memo outlining and describing ANY TWO risks or challenges of doing business in emerging markets. In addition, he also would like you to identify a recommendation you would make to mitigate any of the risks you would have identified. A complete answer will identify and explain sufficiently each risk and also provide at least one recommendation to solve each risk identified.Which of the following CANNOT be considered a threat to Nike Shoes? a. currency foreign exchange risks b. counterfeit products c patent disputes d. emerging markets
- A multinational or multicountry strategy entails A) giving local managers considerable autonomy and often producing different product versions for different countries. B) pursuing strong product differentiation and competing in many buyer segments. C) extensive efforts to transfer a company's competencies from one country to another so as to keep entry costs into new country markets low. D)a narrow product line aimed at serving buyers in the same segments of country markets worldwide. E) aggressive efforts to build a strong profit sanctuary in every country market where a company opts to compete.1. Highlight the foreign market entry modes available to firms that want to expandinternationally. Discuss these modes of entry and explain the mode of foreign marketentry that MTN adopted to enter the Iranian mobile market. Premise your answer onappropriate theory. 2. Using relevant international business theories, justify the major motives behinddivestment. Conversely, under what circumstances will acquisition be a logical strategicapproach in international business context? 3. You are appointed chief financial officer of a company involved in international business.Explain how you will take into account the differences in accounting standards andcontrol systems of the various countries you will be involved with. 4. Taking into account the relevant tax principles, critically discuss ways in which anorganisation involved in international business can manage costs reduction and taxobligationsWhich one of the following is a true statement? Select one: O a. Emerging markets were previously not accessible for the international marketplace O b. None of the following is a true statement. Oc Most international business activity took place between members of the emerging markets. O d. Selectively, few companies are able to increase their profit growth in emerging markets due to less sales