Discuss three of Hofstede’s national culture dimensions. Using examples from MNEs that you are familiar with, explain some of the implications of these dimensions for international business?

Question 1
In deciding whether to export to another country or build their own sales or production site, based on your understanding of trade theory and theories of FDI what are the key considerations for international managers making this choice? Give examples where necessary.

Question 2
Some countries, many being developing countries, peg their currency to the US dollar. What effect does a rapid appreciation or devaluation of the dollar have on those countries? If you were an exporter from an emerging country to the United States would you prefer a strong or weak dollar? Explain

Question 3
Discuss three of Hofstede’s national culture dimensions. Using examples from MNEs that you are familiar with, explain some of the implications of these dimensions for international business?
Question 4
What are the main advantages and disadvantages of the ethnocentric, polycentric, and geocentric approaches to staffing policy? Using examples from MNEs that you are familiar with, explain when each approach is necessary?

Question 5
MNEs are constantly refining their R&D departments to develop new products and not simply focusing on improving their current offerings. Explain the main reasons for this decision by