- As a business consultant, you have been asked for advice regarding different methods of foreign market entry strategy as prescribed by Root’s Foreign Market Entry Strategy 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.
- 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.
- Critically evaluate the idea that globalization has led to a change in the demographics of the world economy.
- According to the World Investment Report China is now the world’s largest outward investor of FDI. How does China benefit from FDI? How do the home countries of FDI benefit?
- “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 the understanding required.
- Critically evaluate the economic and political arguments for regional economic integration.
- The best international strategy for a firm to pursue often depends on a consideration of the pressures for ‘cost reductions and for local responsiveness’.
- Using Root’s Political Risk Model, analyze the overall political risk of entering a BRIC country of your choice. Discuss each of these political forces and make recommendations on whether this is a suitable country to conduct international business.
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