Author Question: Class Reports (Scenario)Prof. Jacob Middleton has divided students in his international business ... (Read 593 times)

Brittanyd9008 · **on:** Feb 15, 2021

Question 1

Businesses foster economic and social development in in emerging markets and developing economies ________.
◦ through the mass production of cheap, low-quality goods
◦ by using strategies developed decades ago and refined in mature advanced-economy markets
◦ by developing community-oriented social programs
◦ by implementing cost-effective production methods

Question 2

Class Reports (Scenario)
Prof. Jacob Middleton has divided students in his international business class into three groups. Each group has been assigned the task of presenting an overview of a major country group and outlining its distinguishing characteristics. Group 1 will discuss advanced economies, Group 2 will address the characteristics of developing economies, and Group 3 will focus on emerging markets.

Which of the following refers to a distinctive trait of the type of economy discussed by Group 1?
◦ minimal trade barriers
◦ low trade volume
◦ low inward FDI
◦ poor industrialization

mcarey591 · **Reply #1 on:** Feb 15, 2021

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