Chapter 4 Questions for Review and Questions for Analysis.docx

Chapter 4 Questions for Review and Questions for Analysis.docx

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Prof. Sandra Kern BUS-100-3800 10 February 2017 Chapter 4 Questions for Review and Questions for Analysis Questions for Review 4-1. what are the advantages and disadvantages of globalization? Advantages Potential for higher standards of living Improved business profitability Disadvantages Allows businesses to exploit workers in under-developed countries by paying them less than what they should be. Allows businesses to bypass environmental and tax regulations 4-2. What are the three possible levels of involvement in international business? Give an example of each. Exporters and importers – Apple, Samsung, Johnson & Johnson, Intel, Chevron, Exxon Mobil International firms- Hershey, buy their ingredients from foreign suppliers, makes their products in the U.S. and has one plant in Mexico. Multinational firms – Honda, Nestle, Ford, which all design, produce, and market their products in other countries. 4-3. What are the elements of national competitive advantage? – The elements of national competitive advantage are factor conditions, demand conditions related and supporting industries strategies Structures rivalries. 4-4. Describe the five international organizational structures.
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