. What is globalization? What modes of international business are used by firms that want to globalize? Briefly describe each method.
1. What is the difference between a monochronic and a polychronic culture? How do such cultural differences affect business practices for international firms?
2. What is gross
1. What are the disadvantages of import restrictions in regard to creating domestic employment opportunities?
2. What is value chain configuration? Briefly list and discuss the factors that influence value chain configuration.
1. What is the relationship between a company's international market and its production location decisions? How do firms benefit from the use of scanning techniques when making location decisions?
2. Explain how franchising agreements differ from licensing agreements.
1. Compare push and pull promotional strategies in the context of international business.
2. You understand the complexities of international business much better than an average American person because you have taken this course. Taking into consideration the post-pandemic global business problems, explain the advantages and disadvantages of domestic and global sourcing for consumer and industrial goods?
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