BUSS 3421- INTERNATIONAL TRADE

Q1. When a local company had reached their successful level in the industry and had contributed to the economy of a country, they will take an opportunity to expand their business internationally.

a. What are the Proactive Motivation and Reactive Motivation for businesses going international?

(12 marks)

b. There are few methods to enter the international market that one particular company may choose. Choose and explain TWO (2) the international entry strategy available for international trade.

(10marks)

c.Facilitators are entities outside the firm that assist in the process of going international by supplying knowledge and information. List THREE (3) private sector facilitators.

(3 marks)

Q2. Implementing a global strategic sourcing strategy means efficiently sourcing goods and services from any country that can manufacture the goods or provide the service more economically.

a. Discuss on the trends in Global Sourcing Strategy.

(15 marks)

b. Explain the major limitations international product cycle theory.

(10marks)