Question: 1) Define globalisation and discuss five factors contributing to the spread of it. Provide relevant examples. 2) Considering the composition of a companys value chain,

1) Define "globalisation" and discuss five factors contributing to the spread of it. Provide relevant examples.

2) Considering the composition of a company’s value chain, explain the difference between primary and secondary activities?

3) Discuss the advantages and disadvantages of domestic and global sourcing? Explore the role that ‘quality’ plays in deciding between the two.

4) Outline Functional Division Structure and Geographic Division Structure. Briefly discuss the advantages and disadvantages of each for international operations.

5) Explain how cultural differences between countries may influence international marketing and human resources management practices. Provide examples.

6) Outline four main types of political risks and explain their significance for international business. Provide relevant country and company examples.

7) Critically discuss the differences between ethnocentric, polycentric, and geocentric frameworks in the international HRM context. Provide examples of the company/industry to evaluate the benefits and drawbacks of each framework.

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