Mini Questions 1

1. Effect of Globalization: Min: 175 Words
Think about how globalization has changed the way that firms operate today.  How might a new firm today leverage global business strategies to succeed? 

1. Read the following article about Apple:  http://www.mbaknol.com/management-case-studies/case-study-on-apples-business-strategies/.
2. Think about the role of product differentiation in global context.  How has Apple positioned itself to take advantage of unique designs to attract a sufficiently large niche market to surpass the competition in the United States and China?

In your response, please discuss and cite at least two professional sources to support your analysis (e.g., business or law journal articles, textbooks, news publications). 


3. Economic Theory: Min 175 Words
What is the underlying economic theory upon which today’s international trade system is based?  Is it the best choice? Also, describe basic fuels that govern the trade system.

In your response, please include at least two professional sources to support your analysis (i.e., business or law journal articles, textbooks, news publications).  

4. Most Favored Nation: Min 175 Words
Describe the GATT’s Most Favored Nation Principle and the principle of National Treatment.  How do these foster equal trade and facilitate a reduction in trade barriers?

In your response, please include at least two professional sources to support your analysis (i.e., business or law journal articles, textbooks, news publications).