Globalization: Questions for Midterm




1. Is international trade beneficial for everyone? Why or why not?
2. Do good products sell equally well all over the globe? Explain your answer.
3. How has the internet and communications technology increased the rate of globalization?
4. Explain the role of governmental regulations in the global economy.
5. What is a barrier to trade? Give an example of a barrier to trade and explain its impact.
6. Why do members of collectivist cultures often stay at one company for their entire lives?
7. How can a reduction of trade barriers increase the rate of globalization?
8. What factors should a business consider when deciding to enter a global market?
9. Why are national markets merging into one global market?
10. How does technology affect international trade?
11. Explain the benefits of outsourcing.
12. Compare and contrast outsourcing of markets and production.
13. Explain the pros and cons of globalization.
14. Globalization in your own words…
15. Explain the risks inherent in the global market.
16. Why would a company consider going global?
17. Match maps to type of map.
18. What cultural norms are expected here in Alabama?
19. How would you go about resolving conflicts that arise from differences in cultural norms?
20. What is nonverbal communication and how can it impact a business transaction?

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