1. Reread the Management Focus "Boeing's Global Production System" in Chapter 1 and address these two questions:

• What are the benefits to Boeing of outsourcing manufacturing of components of the Boeing 787 to firms based in other countries?
• On balance, do you think that the kind of outsourcing undertaken by Boeing is a good thing or a bad thing for the American economy? Explain your reasoning.

1. Reread the Management FOCUS: "Starbucks Wins Key Trademark Case in China" in Chapter 2 and address these two questions:

• Discuss the concept of property rights protection and why it is so important to companies. What does the court ruling against Xing Ba Ke mean for other companies that are already doing business in China, or are considering entering the market?
• How important is the Chinese market to Starbucks? Does the presence of look-alike companies like Xing Ba Ke deter firms from entering the market?

1. Reread the Closing Case "Economic Development in Bangladesh" in Chapter 3 and address this question:

• Explain how the liberalization program in the 1990s enabled Bangladesh to start climbing the ladder of economic progress.