Week 7 Discussions - What incentives influence firms to use international

Wk 7 discussions
Wk 7 discussion questions
1.
· What incentives influence firms to use international strategies? What are the three basic benefits firms can gain by successfully implementing an international strategy? Why?
· Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response.
· As firms attempt to internationalize, they may be tempted to locate their facilities where business regulation laws are lax. Discuss the advantages and potential risks of such an approach, using specific examples to support your response.
2.
Two of the biggest issues in macroeconomics are inflation and unemployment. Policymakers would like to keep both measures low. Often, however, there is a?trade-off?between the two. A strong economy that lowers unemployment can put upward pressure on prices. A weak economy that lowers inflation can increase unemployment.
Before the COVID-19 pandemic, we had both very low unemployment and inflation. Then unemployment rose. In the future, unemployment and inflation could change and it’s good to have policy plans in place before either of these problems gets too bad.
· Imagine that you oversee macroeconomic policy. Start your discussion by responding to these questions and explaining your answers:
. What are some of the problems, difficulties, or hardships caused by unemployment?
. What are some of the problems, difficulties, or hardships caused by inflation?
. If you had to make a choice today between a policy that would head off increases in inflation or increases in unemployment, which one would you choose?
3. Research and analyze an example of a GSA contract. What are the specific details of your example that make it GSA compliant?

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Solution: Week 7 Discussions - What incentives influence firms to use international