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INTERNATIONAL BUSINESS course short essay questions from Chapter 1-4: 1. Compare and contrast World Bank and...

INTERNATIONAL BUSINESS course short essay questions from Chapter 1-4:

1. Compare and contrast World Bank and IMF.

2. How much world trade is there and what benefits might a company have from the globalization of markets.

3. Explain globalization of production and its benefits. What type of management should a company study if it commits to globalization of production.

4. What are the two types of family group?  Why does the family play an important role in affecting business activities?

5. Explain the concept of culture.  What should a manager avoid and what should the manager try to gain and why?

6. Are the Kluckhohn-Sodtbeck and Hofsted frameworks useful for understanding subcultures?  Why or why not.

7. Explain each of the following terms and give examples of each: patent, trademark, and copyright.

8. Describe the three main types of economic systems.

9. Describe four corporate responsibility issues and explain how these issues can impact a company’ international relation.

10. Countries are defined in three ways – what are they and explain each type and give examples.

11. There are 3 types of Government seizure of  the assets of a corporation – what are they, explain each one  and why might a government use one of the 3 types.  What are the disadvantages of seizure of assets.

12. Describe the Foreign Corrupt Practices Act and explain how it relates to corporate social responsibility.

13. Why are many mixed economies converting to market based systems?  How does the role of government change when a mixed economy transitions to a market economy?

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