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1. What can businesses do to prevent unexpected problems in dealing with sociocultural, economic and financial, legal and regulatory, and physical and environmental forces in global markets?
2. Suppose that you have listed to Representative I. M. Wright as he delivers a passionate speech on tariffs. He argues tariffs are needed to
a.Protect our young and struggling industries.
b.Encourage consumers to buy U.S.-made products because it's patriotic.
c.Protect U.S. jobs and wages.
d.Achieve a favorable balance of trade and balance of payments.
To what extent do you agree with Representative Wright? Evaluate each of his major points and decide whether you consider it valid. Be sure to justify your position with sourced and cited material.
Reference - Understanding Business (13th ed.). New York: McGraw-Hill/Irwin.
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Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
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