1.- What is the most important challenge that a multinational corporation faces? What strategies might the corporation employ to manage that challenge? 2.- If you were a manager of a large manufacturing company and decided to offshore labor-intensive production to another country, how would you justify the decision to your employees and the community where your plants are located? What economic arguments would you make? What social or ethical argument could you make? Individual Assignment: Hello, Iâ€™m Your Motivational Speaker You are renowned business guru and motivational speaker Mai Biz. You have been contracted by a prestigious national business organization to deliver a two part seminar on a couple of todayâ€™s hottest business topics: competitive advantage and international business. â€¢ Create a full 1,750- to 2,100-word transcript of your planned speech to meet the organizationâ€™s request. â€¢ Address the following questions for each topic: Topic 1: Achieving Competitive Advantage o How does the creation of value lead to competitive advantage? o How may a firm achieve competitive advantage? Consider strategies of cost leadership, benefit leadership, and degrees of focus. o How does the price elasticity of demand affect a firmâ€™s strategic positioning for competitive advantage? o What factors and strategies allow a firm to sustain competitive advantage? Cite at least one real life example of success and one real life example of failure in your explanation. Topic 2: International Business o What additional risks do multinational corporations face and what additional opportunities do they enjoy when compared with domestic firms? o What strategies may a multinational corporation use to best take advantage of the opportunities discussed above? o What strategies may a multinational corporation use to best mitigate the risks discussed above? o How does achieving competitive advantage at an international level differ from achieving competitive advantage at a domestic level? How may a firm strategically position itself for international competitive advantage? Cite at least one example or strategy specific to international business. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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