Managers in today's global economy are faced with a degree of uncertainty in executing their organizational goals. Assume that you are hired by a consultant to give your recommendations on whether a small business entrepreneur should start a business in a foreign country (say Brazil).

• What advice would you give the entrepreneur?
• In your argument for and against launching a global venture, discuss the relevance of the political/legal, economic, and cultural environments to global business.
• Discuss the challenges managers could face in managing a diversified organization.