Importance Of The Informal Economy In Developing World

1. Why is the informal economy so important? Discuss the legal and ethical issues involved. (use nike company as examples if needed)

2. Instructions: From the 6 questions below, please choose 3 questions to answer completely. (use nike company as examples if needed)

  1. What five entry modes do firms consider as path to enter the international market? Be specific in your answer.
  2. What is a strategic alliance? What are major types of alliances?
  3. Distinguish between cost leadership and various differentiation strategies.
  4. Describe the advantages of being a first mover, a second mover, or a late mover for a company within your industry.
  5. What are the characteristics of product and service quality?
  6. Discuss the important reasons why corporations diversify.

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