Evaluate the view that the process of globalization has resulted in political risk becoming a factor of limited significance for international business managers.
As a result of the internationalization of business, global corporations now have to deal with a wide range of ethical issues. Give some examples of areas in which ethical dilemmas might occur and provide guidance as to how these ethical issues might be best managed.
Critically analyze the view that Foreign Direct Investment is an instrument of imperialist domination where Multinational Corporations exploit developing countries to the exclusive benefit of their home countries.
“Alliances as a broad-based foreign market entry strategy will only ensure a company’s mediocrity, not its international leadership. No company can rely on another outside, independent company for skills and assets that are central to its competitive advantage. Alliances are best used as a selective tool, employed on a temporary basis or involving non-core activities.”
For the firm contemplating international production, a number of important factors have to be considered in order to gain a competitive advantage.