Essay MPM735 – International Business Management – Management Assignment Help

Assignment Task

 

Section A: Please answer all questions.
Question 1:
Th management of exchange rates is an important consideration in international business and will impact on international business decisions. There are several possibilities of exchange rate systems, including fixed and flexible exchange rate systems. Compare and contrast the fixed and flexible exchange rate systems and then justify which system in your opinion is the most appropriate for international business. In your answer list the merits and disadvantages of each system.

Question 2:
In international business which do you think is more important, culture or strategy? Watch this video by Scott Brown, which was one of the industry presenters for the MPM735 class and discuss what you think is important in international business – culture or strategy and justify your statements.

Question 3:
Regarding international trade theory, Porter’s national competitive advantage theory may help us to think about why some countries may have an advantage in producing, selling and exporting a particular product. Using and applying the theory, highlight one product or service that you think Australia has a ‘national competitive advantage’ in?

Question 4:
What are the determinants of economic growth of a country? In your answer highlight and explain 4 different determinants, and articulate why businesses should be concerned with determinants of economic growth when considering a market for entry?