Discuss the pros and cons of licensing proprietary technology to a foreign competitor.

Question details:
Question Question 1.1. Your business must decide whether to make a component part in-house or outsource it to an independent supplier. These potential suppliers are in countries whose currency is expected to increase against the U.S. dollar. What would you recommend and why? (Points : 25) Question 2.2. Discuss the pros and cons of licensing proprietary technology to a foreign competitor. (Points : 25) Question 3.3. Licensing proprietary technology to foreign competitors is the best way to give up a firm’s competitive advantage. Discuss whether you agree or disagree with this statement. Explain your answer in a well-constructed and cogent response. (Points : 25) Question 4.4. What constraints can organized labor impose on the strategic choices of an international business? How can that business limit these constraints? Explain your answer in a well-constructed and cogent response.

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