Reference no: EM133481330
Question 1) Today, international business people must think globally about production and sale opportunities. Many global managers will eventually find themselves living and working in other cultures and entrepreneurs may find themselves taking flights to places they had never heard of.
a. What can companies do now to prepare their managers for international markets?
b. How can entrepreneurs and small businesses with limited resources prepare?
Question 2) Two students are discussing why they are not studying international business. "International business doesn't affect me." declares the first student. "I'm going to stay here, not work in some foreign country." "Yeah, me neither," agrees the second. "Besides, some cultures are really strange. The sooner other countries start doing business our way, the better."
What arguments can you present to counter these students' perceptions?
Question 3) The internet and mobile technologies have penetrated nearly all aspects of life in developed countries, unlike many developing countries. This leads some people to say that technology widens the development gap between rich and poor countries.
a. Do you agree that technology is widening the economic development gap between rich and poor nations? Explain.
b. In what ways might the poorest of countries use technology as a tool for economic development?