Discussion: Intercultural Management
Question 1
As a major form of political risks, the world has witnessed the impact of terrorism on the operations of multinationals, especially within the past decade. Explain the different kinds of political risks and tools multinationals use in fighting them.
Question 2
MNCs face a fundamental strategic dilemma when competing internationally. Explain the complexities of the global-local dilemma facing multinational organizations. Compare and contrast local-responsiveness solution and global integration solution. Do not forget to mention multidomestic strategy, transnational strategy, international strategy, and regional strategy in your answer.
Question 3
Explain basic and generic strategies multinationals use in competing locally and internationally. How can generic strategies strengthen competitive advantage in multinational business?
Question 4
Entry-mode strategies indicate success or failure of a multinational corporation. A good entry-mode strategy can increase the opportunity for success and reduce barriers. Explain and provide examples of the different types of foreign country entry-mode strategies.
Question 5
What roles do you think small businesses play in most economies?
Question 6
What methods do you think a small business manager can use in developing contacts necessary to implement export strategy?
Question 7
The use and benefits of the Internet are not limited to multinationals that are Fortune 500 companies. How can small businesses that are going international benefit from the Internet?
Question 8
What impacts do you think small businesses and entrepreneurs have on national economic growth and development? Why should multinationals consider entrepreneurship levels in target countries?
Question 9
What do you think are the major barriers to small business internationalization? How can these barriers be removed?
Question 10
What do you think the small business model is?
Question11
As a small business goes international through incremental stages instead of as a global start-up, what unique benefits does it have? Can you identify any obstacles?
Question 12
What do you think an aspiring exporter should know about the export market?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.