International Business 3rd Edition - Charles HillIrwin McGraw-Hill
Student Resources
 Chapter 1: Globalization



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Critical Discussion Questions

  1. Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in Britain? North America? Hong Kong?

  2. "The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms." Evaluate this statement.

  3. How have changes in technology contributed to the globalization of markets and production? Would the globalization of production and markets have been possible without these technological changes?

  4. How might the Internet and the associated World Wide Web affect international business activity and the globalization of the world economy?

  5. If current trends continue, China may emerge as the world's largest economy by 2020. Discuss the possible implications for such a development for

    • The world trading system.

    • The world monetary system.

    • The business strategy of today's European and US-based global corporations.

  6. "Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in having a separate course on international business." Evaluate this statement.




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