Assessment Criterion 1.

1 Analyse the factors leading to international trade and globalisation and discuss the implications for organisations and their stakeholders. (Maximum 500 words)

1. Explain the concepts of absolute and comparative advantage in international trade.

2. Analyse the view that the main cause of globalisation is the increased significance of transnational companies.

3. The UK pound is getting stronger relative to the US dollar. Who benefits and who is disadvantaged?

Assessment Criterion 2.1 Explain and evaluate different methods of entering international markets. (Maximum 500 words)

4. Why do you think trading blocs have come to dominate world trade over the last 40 years?

5. Evaluate the benefits and the drawbacks for the UK now they have left the EU.

6. Explain the impact of leaving the EU on many UK businesses.

Assessment Criterion 3.1 Analyse the strategies used by international business. (Maximum 500 words)

7. Three types of partnering in international markets are joint venturing, turnkey projects and greenfield investments. Identify the reasons for businesses to use each of these.

8. Analyse the advantages and disadvantages of each of these strategies.

9. Read the case study: why would McDonald's use two joint ventures to operate restaurants in different regions of India?

Case Study: Global profits are a menu mainstay at McDonalds

Attachment:- Case study Business environment international.rar