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August 31, 2021

International Business Environment

Question 3.

“When entering an institutionally weak country, partnering with a local firm through an international joint venture is always the best strategy”.

Evaluate the above statement by discussing the advantages and disadvantages of entering an institutionally weak country with a joint venture with a Chinese partner.

(25 marks) 600 words ±10%

Question 4.

Describe Hofstede’s cultural dimension of Power Distance. How does Power Distance influence the leadership style of firms, including communication processes, strategic decision making, organizational culture and employee involvement?

500 words ±10%

Question 5.

“Globalisation makes the rich richer and the poor poorer.” Critically evaluate this sentence and discuss how globalisation has influenced living standards worldwide. Use also examples to illustrate your points.

500 words ±10%

Question 6.

What are property rights, and why are they essential for a foreign firm investing/operating in a host country?

500 words ±10%

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