NMSU21: Management Principles Assignment
After reading Chapter 3 of the text, please answer the following questions, making sure to use college-level writing and using responses that demonstrate your understanding of the concepts.
Upload your answers in either Word or PDF format no later than the due date.
- Define globalization and explain how it is creating a borderless world for today’s managers.
- Describe a global mind-set and why it has become imperative for companies operating internationally.
- Discuss how the international landscape is changing, including the growing power of China, India, and Brazil.
- Describe the characteristics of a multinational corporation.
- Explain the bottom of the pyramid concept.
- Define outsourcing and the three common market entry strategies: exporting, licensing, and direct investing.