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Please respond with short answers to the following questions. Each question is worth 10 marks. Remember this is an individual exam, you need to submit
Please respond with short answers to the following questions. Each question is worth 10 marks. Remember this is an individual exam, you need to submit your exam by 12:00 (noon) today at the latest. 1. Provide the definition of a born global and mention 3 characteristics of born globals. 2. Mention five motivations to go global. 3. What is psychological closeness? For Canadian Entrepreneurs which 2 countries are psychologically closer? 4. Mention two strategic issues that are important to an entrepreneur going global. 5. Why do you need to be culturally aware when you receive gifts in different countries? 6. Mention two problems in collecting secondary data. 7. Why is it useful to obtain information from fellow global entrepreneurs? 8. What is an opportunity assessment plan? 9. Why is the executive summary the most significant area/part of an International Business Plan? Provide 2 reasons. 10. Mention 3 things you need to do when preparing the Global Business Plan
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