: Critical Thinking and Research Based: $(35$ Marks$)$

$1.$ International business is more complex than domestic business. Multinational enterprises $($MNEs$)$ conduct

value$-$adding activities on a global scale. International business comprises complex decisions, such as entry

mode, which are not required in domestic markets, as well as different economic, cultural, political, legal, and

competitive environments. The decisions generally involve greater uncertainty and increased risk.

a$.$ Do you think knowledge can reduce managerial uncertainty and the related anxiety, as well as the

financial and opportunity cost of incorrect decisions? If yes, then how?

b$.$ Describe the three international business strategies.

c$.$ Discuss how global managers help knowledge flow in international business.

d$.$ Discuss whether knowledge management should be standardized or adapted in international business.

$2.$ A classic decision support system $($DSS$)$ is an information system that has the function of supporting decision

making. The incorporation of KM and AI technologies in traditional DSS has resulted in the emergence of

KB$-$DSS$.$ Technically, a KB$-$DSS is the integration of a classic DSS and an expert system.

a$.$ Discuss the key components of an expert system that would greatly enhance a DSS with extra power.

b$.$ Which technologies have contributed to the realization of KB$-$DSS$.$

c$.$ Write down the applications of KB$-$DSS$.$

DESCRIBE BRIEFLY ALL THE ANSWERS