1) What is a multinational corporation? Why would a company want to be a multinational corporation?

2) How has NAFTA affected the economies of North America?

3) What does the term "European Union" mean? Has the European Union been successful? What is the European Union's ultimate objective? Why has the creation of the European Union encouraged more North American and Pacific rim companies to establish operations in Europe?

4) Explain the concept of market economy?

5) Discuss the factors that contributed to Japan's phenomenal economic success.

6) What are the four foundations upon which laws are based around the world? Briefly explain each foundation.

7) What jurisdictional principles are given by International Law?

8) What is ethics? Why is ethics important to the study of international management?

9) Explain the reason for the reluctance of MNCs against doing business in China.

10) Explain corporate social responsibility and sustainability.

11) What is meant by corporate governance?

12) Discuss Hofstede's Cultural Dimensions.

13) Describe the difference between an achievement culture and an ascription culture. How does an understanding of these differences help an international manager be effective in dealing with clients outside his or her own culture?

14) What guidelines should MNCs must be aware of while doing business in China?

15) What guidelines have to be followed by MNCs in order to tap the potential business opportunities in Russia?