Management Essay Quiz

There are 10 short essay questions.

Your responses should not include any direct quotes. Do not copy definitions from the book. You may use the book for guidance, but the answers should be your own words so that I know that you understand. If you copy directly from outside sources, you will not get credit. Answers are subject to review by Turnitin. All answers should be between 75 - 100 words and no fewer than 75 words.

1. Describe two aspects of globalization and discuss one of the challenges associated with it.

2. Describe political and economic risks taken by a company when a company expands internationally.

3. When a firm enters the international markets, explain the two opposing forces they face.

4. The two opposing pressures in the international markets result in four different strategies. What are they and how are they different?

5. Describe regionalization.

6. What is entrepreneurial opportunity?

7. What are human capital and social capital?

8. What is the difference between strategic actions and tactical actions that a firm takes for competitiveness?

9. Explain the difference between the traditional approach to strategic control and the contemporary approach?

10. Explain the difference between a divisional structure and a matrix structure of a firm?