international business management
- Define Hofstede’s four cultural dimensions. Use two countries of your choice and explain how the cultural differences between them are reflected in the norms and values that people have (the way people behave), and the way that management practices are carried out.
- What is foreign direct investment (FDI)? Based on Dunning’s OLI paradigm, what are the three advantages that can explain the existence of FDI relative to exporting or licensing?
- Explain and critically discuss the evolutionary model of the multinational corporation (MNC) with an example.
- What is market segmentation? What are the two main issues that managers must be aware of when considering market segmentation in foreign countries? Explain with examples.
- What are the three approaches of staffing policies in international business? What are the main advantages and disadvantages of them? When is each approach appropriate?
- List and describe 4 important factors which researchers and firmsfrequently mention as the major causes of expatriate failure. Illustrate with examples.
- Why do managers behave unethically?
- What are the main costs of foreign direct investments (FDI) concerning host countries?
- Delimitate the meaning of “economies of scale” and discuss the main sources of economies of scale in the international firms. Please include also examples to explain.
- Explain the meaning of and the main arguments for “decentralization” in the organizational structure of the firm.
- What is staffing policy for multinational corporations? What are the main types of staffing policies? Discuss their pros and cons.
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