Evaluate the view that the process of globalization has resulted in political risk becoming a factor of limited significance for international business managers: International Business Essay, UoM, Singapore

University The University of Melbourne (UoM)
Subject International Business
  • 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.

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