international business

international business

please follow the instructions on the attachment

-real life examples that demonstrate understanding of the application of the concepts from the text.

 

Instructions: turn in an essay for each question (approximately 1 page or more in length) complete with examples. Credit is given for correct answers but extra points are added for real life examples that demonstrate understanding of the application of the concepts from the text. Each question is worth 5 points.

1. In a short essay, explain the meaning of international trade. Describe the two major forms through which international trade takes place. Explain the relationship between international trade and national prosperity and provide examples to illustrate this relationship.

2. In a short essay, discuss the impact of the Internet on traditional intermediaries and on retail businesses. Provide examples of retailers who have embraced the new technology and discuss how the Internet has affected their retail business.

3. In a short essay, discuss the three cultures into which employees are socialized — national culture, professional culture, and corporate culture — and explain why the differences between these cultures are especially important to understand for international firms working in the services sector.

4. In a short essay, explain the four-step framework for making ethical decisions. Provide an example of how the framework can help managers resolve ethical dilemmas.

Answer: The four-step framework for making ethical decisions proceeds as follows.

5. In a short essay, explain how quotas work as an instrument of government intervention, and include a description of voluntary export restraints in your answer. How can firms use foreign trade zones as strategy to manage government intervention?

6. In a short essay, describe the various types of partners an international firm might adopt when expanding internationally. How can a business partner affect a company’s sales potential?