Read the Chapter 8 Mini-Case: An International Strategy Powers ABB’s FutureTEXTBOOK: Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2016). Strategic Management: Concepts and Cases: Competitiveness and Globalization. 12th Edition. Cengage Learning. ISBN-13: 978-1-305-50214-7Respond to question 4: What are the main political and economic risks that ABB must deal with given that it has a strong focus on entering emerging economies?ANDRespond to question 5: What are the significant organizational complexities that ABB encounters as it tries to manage its international strategy?ANDRespond to the following question (Can be a separate post): When shareholders increase their wealth through downsizing or offshoring, does this come, to some degree, at the expense of loyal employees—those who have worked diligently to serve the firm in terms of accomplishing its vision and mission? If so, what actions would you take to be fair to both shareholders and employees if you were charged with downsizing or “smartsizing” a firm’s employment ranks? What ethical base would you employ to make decisions regarding downsizing?
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