GLOBAL QUESTION BANK PDF

"HERE ARE THE QUESTIONS FROM THE LAST YEAR QUESTION PAPERS, PLEASE PROVIDE A LIST OF MOST REPEATED QUESTIONS" Critically assess the evidence in favour of, and against, Globalisation / Free Trade in today's international business environment. Critically analyse the experience and personal character...

"HERE ARE THE QUESTIONS FROM THE LAST YEAR QUESTION PAPERS, PLEASE PROVIDE A LIST OF MOST REPEATED QUESTIONS" Critically assess the evidence in favour of, and against, Globalisation / Free Trade in today's international business environment. Critically analyse the experience and personal characteristics required to be the successful CEO of a Multinational organisation today. Your answer should contain a number of relevant examples. Critically evaluate the impact of PESTEL forces when assessing the attractiveness of international markets, citing relevant examples. "The Euro was much more a political project than an economic one. That is the key to understanding the problems it now faces". \[McWilliams, 2017\] Critically discuss this statement. Critically assess the need for a multinational corporation to maintain its reputation as a good corporate citizen, and to implement a consistent policy on Ethics, Sustainability and Governance. Critically evaluate the current strength of the forces which have up to now driven forward the Globalisation of the production and of markets. Critically discuss the current role of the World Trade Organisation (WTO) in relation to free trade in a post Brexit world. "Organisations across the globe have corporate social responsibility (CSR) as an integrated part of their business strategy" Critically comment on the above statement stating the reasons and the best practice behind the strategy. Critically discuss the importance and impact of foreign direct investment (FDI) and its impact on national and global Gross Domestic Product (GDP). Critically discuss three of the following topics in relation to trade and globalisation. Tariffs Subsidies Import quotas Voluntary export restraints Local content requirements Critically assess the evidence in favour of, and against, Globalisation in today's international business environment. Critically analyse the challenges for a CEO of a multinational organisation today, with particular reference to: - a) The need to deliver change b) The need to communicate effectively with a multicultural workforce. A multinational organisation wishes to expand its sales into a new country. Critically discuss the PESTEL factors which would be most helpful in determining the extent to which the product/service might need to be adapted in order to succeed. "The European Central Bank is ready to do whatever it takes to save the Euro, and believe me, it will be enough." \[Mario Draghi, ECB President, speaking in 2012\] Critically discuss this statement in the context of the efforts of the Eurozone to respond to the Global Financial Crisis 2008 \[15 marks\], and to the Covid19 Crisis In relation to ESG \[Ethics, Sustainability, Governance\]: - a) Critically evaluate the key implications for international organisations wishing to determine and implement effective ESG policies. b) Critically discuss the business implications of the European Union's "Green Deal", announced in 2020. Critically consider the global labour market and evaluate its strengths and weakness, taken into consideration the culture and employee relations of the organisation. Critical discuss the impact Hofstede's cultural dimensions on organisations operating across global markets? Critically discuss three of the following topics in relation to trade and globalisation? Tariffs Subsidies Import quotas Voluntary export restraints Local content requirements Critically evaluate the theory of "Offshoring" in context to the advantages and disadvantages to the organisation? Question 5 (100 marks) Critically discuss the impact Russia's invasion of Ukraine is having on the globalisation of the world trade markets? Critically evaluate the current strength of the forces which have up to now driven forward the Globalisation of the production and of markets? Critically discuss the impact Russia's invasion of Ukraine is having on the globalisation of the world trade markets? Critical discuss the impact Hofstedes (1997) cultural dimensions have had on recruiting and selecting across the global labour market? Critically discuss why Multi-National Companies (MNCs) are getting involved in corporate social responsibility (CSR)? Are they displaying a sense of social responsibility, or is this merely a matter of good business? Critically discuss three of the following topics in relation to trade and globalisation? Tariffs Subsidies Import quotas Voluntary export restraints Local content requirements Critically consider the global labour market and evaluate its strengths and weakness, consideration should be given to the following when formulating your answer: Culture Economics Politics Labor relations The law Critical appraise the importance of an integrated multi culture workforce and if Hofstede's cultural dimensions can help organisations achieve integration? Critically discuss the term "trade wars" and the impact these have on the global economy? Critically discuss the impact of COVID on globalisation in your answer focus on the lessons learnt and what if any long effects it had on the concept of globalisation? Critically discuss the impact Russia's invasion of Ukraine is having on the globalisation of the world trade markets. Consider the new and emergent risks to developing an international business proposition and suggest how these might be managed. Critically assess the present strength, and likely momentum over the next 3 years, of Globalisation as a force in today's international business environment. Critically evaluate the Hofstede model of Cultural Dimensions as a frame of reference for CEOs of International businesses today. A multinational organisation wishes to expand its sales into a new country. Critically discuss the PESTEL factors which would be most helpful in determining the degree to which the product / service may need to be adapted to the profile of any new country. "Within our mandate, the European Central Bank is ready to do whatever it takes to preserve the Euro. And believe me, it will be enough". \[ECB President, Mario Draghi, 2015\] Critically evaluate this statement in the context of EU and ECB actions to preserve both the EU and the Euro since 2015. Critically discuss the impact of Covid19 on the Global Economy and identify two industries which you believe will rebound quickly when economic conditions improve. Critically evaluate the theory of "Offshoring" in context to the advantages and disadvantages to the organisation? Critically discuss the impact of the United Kingdom (UK) leaving the European Union (EU) and the impact in may have on the future of this trading bloc? "Organisations across the globe have corporate social responsibility (CSR) as an integrated part of their business strategy" Critically comment on the above statement stating the reasons and the best practice behind the strategy? Critically discuss the impact of any changes to the tax rate suggested by the OECD with focus on Irelands ability to attract foreign direct investment (FDI) Critically discuss three of the following topics in relation to trade and globalisation? Tariffs Subsidies Import quotas Voluntary export restraints Local content requirements Critically discuss the impact Russia's invasion of Ukraine is having on the globalisation of the world trade markets? Critically discuss the future success of the EU in the aftermath of the United Kingdom (UK) withdrawal with an emphasis on what steps it needs to take to sustain its structure? Critically evaluate three (3) of the following forces that drive Globalisation 1. Political forces 2. Technological forces 3. Market forces 4. Cost forces 5. Competitive forces "Organisations across the globe have corporate social responsibility (CSR) as an integrated part of their business strategy" Critically comment on the above statement stating the reasons and the best practice behind the strategy? Critically evaluate the theory of "Offshoring" in context to the advantages and disadvantages to the organisation? Critically discuss contemporary issues in the international business environment refer to the current challenges and trends that impact businesses operating globally. "Culture is what shapes us, it is the reason we have certain beliefs, influences how we behave and is what gives us our identity. Cultural diversity is the representation of different cultural and ethnic groups in society." (Darby 2023) Critically discuss the opportunities and challenges of managing the multi-cultural workforce. Critically discuss the impact of the Sustainable Development Soals (SDG) in the context of international economic activity. "Increasingly there is a realization that business and development are linked and the synergy between the two sectors should be harnessed." Nyaluke (2023) Critically evaluate this perspective. Critically evaluate the role played by the European Union (EU) in international trade as one of the largest economies and trading blocs in the world. "We should keep on going along the path of globalization. Globalization is good\... when trade stops, war comes" \[Jack Ma, founder of Alibaba Group, 2019\] Critically evaluate the arguments in favour of and against Globalisation and Free Trade. "Hundreds of the biggest public companies in the USA have scrapped their shareholder-first ideology" \[Irish Times, September 2019\] Critically compare and contrast the "Shareholder" and "Stakeholder" models of Company Purpose, having regard to differing preferences around the world. "The Euro was a political project first and an economic project second, which accounts for all of its current difficulties" \[David McWilliams\] Critically assess the current position and future prospects of the EU Common Currency Citing examples, critically evaluate the implications of Brexit for the European Union "Leadership is a privilege, not a right. It has to be earned by producing results, and by delivering change" \[Sergio Marchionne, CEO Nissan Renault\]. Critically discuss this statement in the context of leading an international business, whose workforce is multi-cultural. You should cite practical examples in support of your analysis. "Globalisation, since the Brexit and Trump shocks of 2016, has been shaped by a conflict between economic fundamentals and nationalistic policies. But predictions that Globalisation would collapse have proven inaccurate". \[Harvard Business Review 2019\]. Critically discuss the forces presently driving Globalisation, assessing whether they are likely to strengthen or weaken in the next few years. Critically evaluate the importance of Political (50 marks) and Economic forces (50 marks) in the Global business Environment. "The Euro was much more a political project than an economic one. That is the key to understanding the problems it now faces". \[McWilliams, 2017\]. Critically discuss this statement. "Bia Eireann" is an Irish food producer earning much of its revenue from the United Kingdom (UK) market. It is concerned about the possible effects of Brexit on its business. It has commissioned you, as an international management consultant, to identify the general and industry specific issues that may arise and assess their implications for its future. "Cultural understanding plays a major role in global business success". (Bierman et al, 2014). Critically evaluate this perspective, specifically referring to research from your background reading in this area. "Globalisation, since the Brexit and Trump shocks of 2016, has been shaped by a conflict between economic fundamentals and nationalistic policies. But predictions that Globalisation would collapse have proven inaccurate" \[Harvard Business Review 2019\] Critically discuss the forces presently driving Globalisation, assessing whether it is likely to strengthen or weaken in the next few years. Critically evaluate the need for international businesses today to develop consistent policies and practices in relation to Ethics \[17 1/3 marks\] and Sustainability Critically discuss, using PESTEL analysis, the requirement to adapt products / services to align with the differing profiles of national markets. "If Europe's weaker members do not get help, the Single Market and the Euro could eventually implode" \[The Economist, 2020\] a) Critically discuss the reasons why some member states have required more financial assistance than others. \[20 1/3 marks\] b) Critically assess the measures taken in 2020 in order to protect member states, the Single Market and the Euro Critically analyse any two successful international business leaders, reviewing the key international strategies that have deployed \[18 1/3 marks\], and evaluating the key personal characteristics that have enabled them to succeed Critically discuss the ongoing debate on the current state of and future of globalisation, commenting particularly on the positions of the major state and state-based players. Critically evaluate the relevance of Political (50 marks) and Economic forces (50 marks) for the analysis of the Global Business Environment. Since its introduction the euro has gone through phases of strength and weakness. Discuss the background to, position of and status of the single currency today, including commenting on the impact of the covid 19 crisis and of its management by the eurozone countries. The Brexit process continues to have effects on Irish businesses trading with the United Kingdom. You have been commissioned to identify these general effects and to assess their implications for the future. You should refer to specific sectoral examples to illustrate your answer. Critically evaluate the importance of cultural understanding for managers of international businesses, specifically referring to research from your background reading in this area. Critically discuss the impact Russia's invasion of Ukraine is having on the globalisation of the world trade markets. Consider the new and emergent risks to developing an international business proposition and suggest how these might be managed. Critically discuss the current status of the EU? its challenges, its opportunities and suggest a best-case scenario for its progress through the next 10 years? Critically evaluate three (3) of the following forces that drive Globalisation, and foreign direct investment (FDI)? 1. Political forces 2. Technological forces 3. Market forces 4. Cost forces 5. Competitive forces Critically evaluated the role of culture, your answer must focus on the values, beliefs, and norms in International Business? Suggest how MNCs should address cultural issues and opportunities through increased awareness and analysis of (i) diversity and (ii) market growth. Critically discuss why Multi-National Companies (MNCs) are getting involved in corporate social responsibility (CSR)? Are they displaying a sense of social responsibility, or is this merely a matter of good business? Critically evaluate Globalisation in the event of peace being restored between Ukraine  and Russia?   Critically discuss the impact of economic sanctions on international trade?  Critically discuss the impact of the shortage of skilled labour and what organisations and  governments need to do if they are going to meet the demands of their customers and  economies?  Critically evaluate the impact of Artificial Intelligence (AI) on the ethical behaviour of  organisations?    Critically discuss the emergence of a stronger trading body between Russia, China and  North Korea and the impact on the EU and the USA? Critically assess the evidence in favour of, and against, Globalisation in today's international business environment. Critically analyse the challenges for a CEO of a multinational organisation today, with particular reference to: - a) The need to deliver change \[10 marks\] b) The need to communicate effectively with a multicultural workforce. A multinational organisation wishes to expand its production and sales into a new country. Critically discuss the factors which would be most helpful in determining the attractiveness of a new country. "You cannot have Monetary Union without Fiscal Union. You cannot have Fiscal Union without Political Union. You cannot have Political Union unless people vote for it. And they won't". \[Lord Lawson\] Critically discuss this statement in the context of the "design flaws" inherent in the creation of the European Monetary Union. In relation to ESG \[Ethics, Sustainability, Governance\]: - a) Critically evaluate the reasons why ESG has recently emerged as a significant issue for medium and large sized organisations. b) Critically discuss the business implications of the European Union's "Green Deal", announced in 2020. Winning the "War for Talent" is a pressing issue for Global firms. Critically evaluate the current Global talent trends that are impacting the decisions of Global managers. Critically evaluate the need for international businesses today to develop consistent policies and practices in relation to Ethics and Sustainability. Critically assess the potential effects of a slowing down or reversal of Globalisation on an industry or company of your choice. In a globally integrated world critically assess how the current sanctions on Russia can potentially spill over into Global markets, use examples to support your answer. Each society has its own unique culture and managers must develop cultural sensitivity to participate effectively in the Global environment. Profile a country of your choice and identify and discuss the implications of its cultural nuances when doing business with that country. Provide examples to support your answer. Critically consider the global labour market and evaluate its strengths and weakness, consideration should be given to the following when formulating your answer: Culture Economics Politics Labor relations The law Critical appraise the importance of an integrated multi culture workforce and if Hofstede's cultural dimensions can help organisations achieve integration? Critically discuss the term "trade wars" and the impact these have on the global economy? Critically discuss the impact of COVID on globalisation in your answer focus on the lessons learnt and what if any long effects it had on the concept of globalisation? Critically discuss the impact Russia's invasion of Ukraine is having on the globalisation of the world trade markets. Consider the new and emergent risks to developing an international business proposition and suggest how these might be managed. Critically assess the strength of the forces driving Globalisation / Free Trade in today's international business environment. Critically discuss any three means of entering a new national market, citing relevant examples. Critically evaluate the key Political and Legal factors which determine the attractiveness of international markets, citing relevant examples "You cannot have Monetary Union without Fiscal Union. You cannot have Fiscal Union without Political Union. You cannot have Political Union unless the people of Europe vote for it. And they won't". \[Lord Lawson\] Critically discuss this statement in the context of the history of the Eurozone. Critically assess the need for a multinational corporation to maintain its reputation as a good corporate citizen, and to implement a consistent policy on Ethics, Sustainability and Governance. Profile a country of your choice and critically analyse the challenges for a multinational organisation regarding cross cultural negotiation. Critically assess the potential effects of a slowing down or reversal of Globalisation on an industry or company of your choice. In a globally integrated world critically assess how the current sanctions on Russia can potentially spill over into Global markets, use examples to support your answer. Outline and critically discuss three of the following topics in relation to trade and globalisation? a. Tariffs b. Subsidies c. Import quotas d. Voluntary export restraints e. Local content requirements Winning the "War for Talent" is a pressing issue for Global firms. Critically evaluate the current Global talent trends that are impacting the decisions of Global managers.