136. Ryan is the executive general manager of a U.S. multinational and Jacob is a manager in
a similar position, but works for another U.S. company that operates only in its home country. In
this context, which of the following business functions will be most typically exclusive to Ryan?
137. What is globalization? How do global companies such as IKEA, Starbucks, and
McDonald’s facilitate the creation of a global market?
138. Explain the concepts of “globalization of markets” and “globalization of production.”
139. Briefly trace the history of the G20 and describe its current role in international business.
140. Why were high tariffs imposed on imports of manufactured goods?
141. What are the implications of the Uruguay Round held under the umbrella of GATT for
international business?
142. What is a multinational enterprise? What have been the two most notable trends in
multinational enterprises since the 1960s?
143. In the context of international trade and investment, describe how the former Communist
nations of Europe and Asia have been changing.
144. Elaborate on why globalization is not inevitable.
145.
(p. 29)
Discuss the arguments that are for and against globalization regarding jobs and income.
146. Discuss the concerns voiced by critics of globalization regarding labor policies and
environment.
147.
(p. 34)
What are the various reasons for economic stagnation in many of the world’s poorest
countries?
148. Why are supranational organizations, such as the World Trade Organization and the
United Nations, criticized?
149. What are some of the challenges faced by managers of an international business?
150. How is managing an international business different from managing a purely domestic
business?