1. Imperfections in the market for products translate into market opportunities for small domestic companies. True False

2. once MNEs have established a physical presence abroad, they are in a disadvantageous position than purely domestic firms to identify and implement market opportunities through their own internal information network. True False

3. In which industries, is knowledge-seeking most prevalent?

( B ) What are the characteristics of markets that attract knowledge-seekers?

( C) What specific knowledge did GE seek to gain from China

4. The second step in the globalization process is for the company to enter into international contractual arrangements such as bribing the host country politicians and offshoring. True False.

5. Trade Opportunities. The globalization of business processes and etiquette closes up new opportunities for importing and exporting products and services. True False

6. (A) List any five of the ten international business risks identified by Ernst & Young. (B) What do Ernst and Young say about Radical Greening?

7. Discuss at least two ways in which globalization affects the way companies do business.

8. Ernst & Young listed Emerging Economies as a risk to international business. What is their argument?

9. Currently, there is a growth of a new kind of limit or impediment to financial globalization. What is that impediment that limits financial globalization and what is the resultant effect of that impediment?

10. Discus only two of any of the questions that a company must consider when entering a foreign market.

11. Why is INFLATION an important economic factor for a company to consider when entering a foreign market?

12. Why are Cultural differences considered important challenges to multinational enterprises?