Homework: International Business and Global Case Study
Instructions
Economic Transformation in Saudi Arabia
You will find the "Economic Transformation in Saudi Arabia" case study on page 60 of the course textbook. You will be required to read the case study and answer the following questions.
• What long-term economic and political problems does Saudi Arabia face?
• How might the reforms proposed by Muhammad bin Salman potentially address these problems? Who will gain from these reforms? Who might object and push back against them?
• Current plans for Saudi Aramco call for the state-owned oil company to be privatized. An initial public offering (IPO) is tentatively scheduled for 2021. What are the potential benefits to Saudi Arabia of privatizing Saudi Aramco? Is there a downside?
• Is it morally correct for international businesses to invest in a country that denies basic rights to women?
• Is it morally correct for international businesses to invest in an autocratic country where the current leader has been implicated in ordering the murder of one of his critics?
Book Refernce: Hill, C. W. L. (2021). International business: Competing in the global marketplace (13th ed.). McGraw-Hill Education.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.