Question: 0 1 . Describe each below in at least one paragraph ( yet no more than a page length @ 1 . 5 line spacing
Describe each below in at least one paragraph yet no more than a page length
@ line spacing min. point font :
a What is meant by the Business Model Design Space
b What are examples of the forces pressing into a Business from outside of the control of its BMC
c Explain why nations & companies participate in international trade & how they measure that trade?
d Describe the concepts of Absolute versus Comparative Advantage?
e Define importing versus exporting. What is the difference between the two $numbers called?
f Explain how companies enter the international market through licensing agreements or franchises.
g Explain how cultural differences between countries create challenges to successful business?
h Discuss the various initiatives designed to reduce international trade barriers & promote free trade.
i What does having a Blue Ocean Strategy mean?
j Describe how companies reduce costs through contract manufacturing & outsourcing.
k What major ideas did Dr W Edwards Deming bring to the World?
l What is a ValueChain? How does it relate to a business model canvas BMC
m How do you know if your business SIPOC stages are in control or out of control?
n What did Ishikawa introduce to Operations understanding?
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