Reference no: EM132221698

Assessment Criteria:

For each question, the competent answer will be concise, accurate and clearly written in your own words. It will put forward your individual analysis of the issues raised, rather than merely offer a descriptive account. It will be logically organised and contain a conclusion.

Your assignment should also consider and apply the relevant theories and your arguments should be supported by drawing on relevant literature and examples from international business. Where you draw on the views, words and research of others, these will be acknowledged as references and cited clearly in your answer conforming to the Harvard referencing system.

The Generic PG assessment criteria are attached as well as a module interpretation in the form of a mark sheet.

The University's Policy on Cheating, Collusion and Plagiarism will apply.

1. Critically analyse the strengths and weaknesses of:

• International Product Life cycle theory;

• Krugman's First Mover Advantage Theory; and

• Porter's Diamond model;

as explanations of how modern international businesses trade.

Support your arguments with recent case study examples of companies/countries of your choice.

2. Explain why governments may advocate free trade whilst at the same time resort to protectionism to protect their domestic industries. In the second part of your answer, explain what types of barriers may be used and what impact they have on consumers and producers. (Note: Each part of the question has equal weighting).

3. Evaluate the significance of key drivers in the globalisation of the world economy.Why do some commentators argue that the international business environment hasbecome more regional than global? What would be the implications for production strategies of companies if this is the case?

4. Assess the relative merits of the different ways in which government policies can help to build innovative capacity in a country's companies. How do the various policy choices differ in relation to different stages of economic development of the company concerned? Support your arguments by referring to particular case study examples froma country of your choice.