6. PRODUCTION AND MARKETING Answer EITHER Question 6 OR Question 7. Do NOT answer both. "Today there is need to diversify the economies of Caribbean territories, but the migration of skilled personnel makes this very difficult". (a) Explain the meaning of the terms 'diversification' and 'migration'. ( 4 marks) (b) State THREE reasons why skilled workers migrate. (6 marks) (c) Suggest TWO actions that the government of your country can take to discourage the migration of skilled personnel. ( 4 marks) (d) Discuss TWO ways in which the migration of skilled personnel affects diversification. (6 marks) Total 20 marks

6. PRODUCTION AND MARKETING Answer EITHER Question 6 OR Question 7. Do NOT answer both. "Today there is need to diversify the economies of Caribbean territories, but the migration of skilled personnel makes this very difficult". (a) Explain the meaning of the terms 'diversification' and 'migration'. ( 4 marks) (b) State THREE reasons why skilled workers migrate. (6 marks) (c) Suggest TWO actions that the government of your country can take to discourage the migration of skilled personnel. ( 4 marks) (d) Discuss TWO ways in which the migration of skilled personnel affects diversification. (6 marks) Total 20 marks

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section6.3: The Globe Framework

Problem 2DQ: What are the implications of the above differences for how business is conducted in Malaysia and...

See similar textbooks

Similar questions

What are the implications of the above differences for how business is conducted in Malaysia and China?
Explain the term born global and why it is important for companies to take this approach.
What are the various means available to companies to go international? When is an exporting strategy most appropriate?
Why did McDonalds choose to use strategic alliances to enter India? Why not use exporting or other means?
Compare and contrast a global, regional, and local strategy. Discuss some advantages and disadvantages of each method.
What are country clusters? Pick any three clusters and discuss some of the leadership preferences for each cluster.
What is foreign direct investment?
What are some of the sources of McDermotts excellence at managing cross-cultural differences? How did his experience managing a deli store at a young age help him develop cross-cultural management skills?