1.Explain the need for an MNC to "be global and act local." How can a firm design its organization to enable this?

2.Discuss the problems inherent in developing a cooperative alliance to enhance competitive advantage, which also incurs the risk of developing a new competitor.?

3.Discuss the implications of the relative centralization of authority and decision making at headquarters versus local units or subsidiaries. How would you feel about this variable if you were a subsidiary manager

4.What is the role of information systems in the reporting process? Discuss the statement, "Inadequate MIS systems in some foreign affiliates are a control problem for MNCs."

5.How do you evaluate HSBC's global reorganization after the 2008 global financial crisis, its position in 2015, and its current position?