You must illustrate your answers with real examples showing evidence of research outside of the textbook.

Question 1

1. Describe the main steps in the process of international strategic management.

2. What are some of the main problems faced by firms in undertaking this process?

3. Explain the concept of Corporate Social Responsibility(CSR) and concisely describe the range of issues (including environmental ones) that a firm needs to take into consideration in formulating its CSR strategies.

Question 2

1. Describe the approaches used by different authors to explain the stages of export development used by international businesses.

2. Suggest some ways in which firms could overcome the mistakes often made by exporters.

Question 3

1. Using point format, concisely describe the modes of internationalisation other than exporting.

2. What are some of the risks involved in the above modes and what can be done to try to minimise them?

3. Explain why firms engaged in international businesses often form strategic alliances with overseas firms, indicating the advantages of these alliances.

Question 4

Describe the different types of International Business Organisational Design in your own words and give a real example of each structure. Comment on the effectiveness of each of your examples.

Question 5

1. Describe concisely what is involved in the control process in international business (including at different levels).

2. Explain concisely in your own words (backed up with references) the range of control problems facing an international business, and outline the key methods for dealing with control in international businesses.