How Did Flextronics' Industrial Park Strategy Enable the Company to Respond to National Changes in Relative Factor Costs?

Porter’s Diamond’s as a model of National Competitive Advantage in famous. Name and explain the four determinants of the model by using a country you know best. Is Porter’s diamond suitable for China to follow to become a developed country. You can use a graph to illustrate.

1. The values and norms of a culture do not emerge fully formed. They are the evolutionary product of a number of factors. Name and explain the six determinants of culture. You can use a graph to illustrate. Give examples where and when appropriate.

2. In choosing a strategy for undertaking International Business there is a model depending on the pressures for cost reduction and local responsiveness.

• Name the four strategies of the model. You could use a graph.

• Explain each strategy, also giving an example.

3. For the firm’s decision on international production what country factors must be taken into consideration. List and explain them.

Take it that you are producing a product, and would like to do so in real country like Vietnam or any country you know well. It may be that you are going to sell the products in that country alone, or export it to other countries, or both.

4. What do you understand from financial management for international business? In other words, what are the components of financial management for international business? If you were a CEO with headquarters in a tax free country, and subsidiaries in many foreign countries, what can you do raise your company’s profitability (NPV)?

SECTION II CASE STUDY and LONG ESSAY QUESTION 40 MARKS

Read the following task first, then answer the question

A international company of the US that has just developed a revolutionary new personal computer that can perform the same functions as existing PCs but costs only half as much to manufacture. Several patents protect the unique design of this computer.

The CEO has decided to expand the market to China. His options are:

• To...