Examen
MNG4804 PORTFOLIO OF EVIDENCE ESSAY (2023/24)
- Grado
- Institución
- Book
THE PORTFOLIO CONTAIN DIFFERENT QUESTIONS AND ANSWERS.
[Mostrar más]Vista previa 3 fuera de 16 páginas
Vista previa 3 fuera de 16 páginas
Añadir al carrito
Añadir al carrito
Libro relacionado
Título del libro:
Autor(es):
- Edición:
- ISBN:
- Edición:
Más resúmenes para
-
MNG4804 ASSIGNMENT 3 2024 ESSAY (Corporations are well known for exporting products and services across the globe. Discuss why exports are also applicable to emerging entrepreneurs in developing cou...
-
SOLUTIONS MANUAL- International Business, Competing in the Global Marketplace 12th Edition by Charles Hill; Tomas Hult. (Complete 20 Chapters)
-
INT4801 POE 2024
1 revisar
Por: tkhunoana • 9 meses hace
Por: tatendamuzavazi • 9 meses hace
Thank you for reviews. for further assistance conduct the provided contacts.
Vendedor
Seguir
tatendamuzavazi
Comentarios recibidos
Vista previa del contenido
muzavazi47@gmail.com MNG4804 POE 20230717513144
DISCLAIMER
The MNG4804 POE guide is centred on MNG4804 various papers. It is a
product of internal and external research that includes the study guide,
prescribed textbook and other authentic sources.
NB: Students must not copy and paste. For clarity, students are free to call on
the provided number and/ email.
, muzavazi47@gmail.com MNG4804 POE 2023
0717513144
Table of Contents
Introduction. .......................................................................................................................... 3
Question 1: Discuss ways in which international trade can recover from the ravages of the
COVID-19 pandemic. In your answer, explain the WTO’s trade strategies to open markets,
improve the employment rate, and boost the African economy. ............................................ 3
Economic Impact. .............................................................................................................. 3
Health Impact. ................................................................................................................... 4
Social impact. .................................................................................................................... 4
Political Impact. ................................................................................................................. 5
Question 2: Industrial supply chains are more fragile than was previously thought; this
fragility will certainly have a negative effect on the future of globalisation. Examine the key
drivers of globalisation that may increase the supply chain links between Southern African
economies [20]...................................................................................................................... 6
Economic Forces ............................................................................................................... 7
Declining investment and trade barriers............................................................................. 7
Improvement of technology. .............................................................................................. 8
Communication advancement. .......................................................................................... 8
Technology in Transport sector. ........................................................................................ 9
Question 3: Critically examine the impact of culture in Africa on multinational corporations,
whether it is perceived positively as a source of competitiveness or negatively as a source of
problems. Support your arguments by identifying appropriate practices to address cultural
impact. .................................................................................................................................. 9
Question 4: Critically assess the significance of trade blocs as an avenue for economic
development in Africa. In your answer, outline the potential of the South African trade
strategies to benefit from international trade. ...................................................................... 12
Tariff removal. ................................................................................................................. 12
Protection of economies. ................................................................................................. 13
Business opportunities. ................................................................................................... 13
Conclusion. ......................................................................................................................... 14
Reference List ..................................................................................................................... 15
, muzavazi47@gmail.com MNG4804 POE 2023
0717513144
Introduction.
The portfolio is a completion of an open book examination for International Business
(INT4801). The portfolio consists of 4 questions that will be addressed individually
as per the instructions. Examples presented in the document are for academic
purposes only and serve the purpose of elaborating the theories presented.
Question 1: Discuss ways in which international trade can recover
from the ravages of the COVID-19 pandemic. In your answer,
explain the WTO’s trade strategies to open markets, improve the
employment rate, and boost the African economy.
World Trade Organisation (WTO) is a grouping of nations that is responsible for
policing the world trading system and making sure nation-states adhere to the rules
laid down in trade treaties signed by WTO member states (Song & Zhou, 2020). In
this sense, WTO plays a pivotal role in ensuring that trade is even from first world
nations to third world nations such as Zambia, Zimbabwe, Mozambique just to
mention a few.
Hill and Hult (2017) define International Trade as the exchange of goods and
services between economic units (organisations and people) across the globe.
Trade is fundamental given that nations have a strong belief that it brought different
types of benefits. Through sharing of different resources, trade becomes pivotal in
the welfare of nations as they gain what they do not have from trading partners.
Razalli (2018) noted that, the breakout of a deadly virus in 2019 called Corona-Virus
(Covid-19) affected trade patterns between major economic players such as USA,
China, South Africa just to mention a few.
Economic Impact
Vandekerckhove (2020) argues that, Covid-19 pandemic ravaged the global
economy as a whole in early 202 as global trade dropped by approximately 9%. This
was one of the great falls down in global economy since the financial crisis of 2008
that also crippled economies to their knees. The economic effect was first felt in the
pricing modelling of goods and services. Due to dwindling demand, prices rose to
unimaginable heights being driven by loss of production time that affects the cost of
producing goods, shortage of labour especially in the African continent where most
industries are labour intensive.
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 5,38 €. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now