1. Describe the competitive bidding process.
2. Explain make-or-buy decisions at the strategic and operating/tactical level. What issues are involved?
3. What are some benefits of local buying? Describe at least three.
4. What do you see as the key differences between a low and a high context culture. Explain why it is important for an organization entering a foreign market to thoroughly understand the differences and why it will impact there strategies to enter that new market.