Global Business Environment – Cheap Research Essays

Question:Which theory do you think offers a better explanation of manufacturing FDI from developed country firms to developing countries: Dunning’s OLI paradigm or Vernon’s Product Life Cycle theory? Explain your answer fully.

1500words

20 Reference

Week Lecture
2 Introduction: Global Business Environment
3 National difference in Political Economy
4 Cultural Factors in Global Business
5 Ethics and Social Responsibility
6 Theories of International Trade
7 Political Economy of International Trade
8 Theories of Foreign Direct Investment
9 Political Economy of Foreign Direct Investment
10 Regionalization
11 The Foreign Exchange Market
12 International Monetary System
13 Emerging Economies and module summary

Core textbook: Hill, Charles W.L. International Business: Competing in the Global Marketplace, 10E, McGraw-Hill Irwin.
Which theory do you think offers a better explanation of manufacturing FDI from developed country firms to developing countries: Dunning’s OLI paradigm or Vernon’s Product Life Cycle theory? Explain your answer fully.

Structure Guideline:
• Introduction: The introduction should set a clear direction and structure to the essay.
• Main Text: This section should provide cogent arguments based on relevant concepts and theories and supported by examples and empirical evidence.
• Conclusion: Summarize the main arguments in the essay.
• References: Use Harvard referencing system.
70-84 Achievement substantially above the threshold level of attainment at level 3 by demonstrating an excellent and systematic understanding of key aspects of their field of study, including acquisition of coherent and detailed knowledge, at least some of which is at, or informed by, the forefront of defined aspects of a discipline. An excellent ability to deploy accurately established techniques of analysis and enquiry within a discipline. An excellent demonstration of a conceptual understanding that enables the student: to devise and sustain arguments, and/or to solve problems, using ideas and techniques, some of which are at the forefront of a discipline to describe and comment upon particular aspects of current research, or equivalent advanced scholarship, in the discipline. An excellent appreciation of the uncertainty, ambiguity and limits of knowledge. An excellent ability to manage their own learning, and to make use of scholarly reviews and primary sources (for example, refereed research articles and/or original materials appropriate to the discipline). An excellent ability to apply the methods and techniques that they have learned. An excellent ability to review, consolidate, extend and apply their knowledge and understanding, and to initiate and carry out projects, critically evaluate arguments, assumptions, abstract concepts and data (that may be incomplete), to make judgements, and to frame appropriate questions to achieve a solution – or identify a range of solutions – to a problem, communicate information, ideas, problems and solutions to both specialist and non-specialist audiences.
85-100 Outstanding achievement above the threshold level of attainment at level 3 by demonstrating an outstanding and systematic understanding of key aspects of their field of study, including acquisition of coherent and detailed knowledge, at least some of which is at, or informed by, the forefront of defined aspects of a discipline. An outstanding ability to deploy accurately established techniques of analysis and enquiry within a discipline. An outstanding demonstration of a conceptual understanding that enables the student: to devise and sustain arguments, and/or to solve problems, using ideas and techniques, some of which are at the forefront of a discipline to describe and comment upon particular aspects of current research, or equivalent advanced scholarship, in the discipline. An outstanding appreciation of the uncertainty, ambiguity and limits of knowledge. An outstanding ability to manage their own learning, and to make use of scholarly reviews and primary sources (for example, refereed research articles and/or original materials appropriate to the discipline). An outstanding ability to apply the methods and techniques that they have learned. An outstanding ability to review, consolidate, extend and apply their knowledge and understanding, and to initiate and carry out projects, critically evaluate arguments, assumptions, abstract concepts and data (that may be incomplete), to make judgements, and to frame appropriate questions to achieve a solution – or identify a range of solutions – to a problem, communicate information, ideas, problems and solutions to both specialist and non-specialist audiences.
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FDI occurs when a firm invests directly in facilities to produce and/or market a product in a foreign country.
The motives could be
-seeking resources (e.g. Cheap labour)
-seeking markets 1) products 2)labour
-seeking efficiency
-seeking strategic-assets/capabilities (future plan/goal e.g. 5yrs 10 yrs….)
Methods of FDI
-greenfield investment (by incorporating a wholly owned subsidiary or company)
– by acquiring shares in an associated enterprise through a merger or an acquisition of an unrelated enterprise
-participating in an equity joint venture with another investor or enterprise.

1. What is the level of FDI in the economy ?
2. What countries are the primary suppliers of FDI to the country?
3. How has globalization affected this economy?
4. How does the country resist or(and ) encourage the inflow of FDI?
5. Explain the impact of product life cycle on FDI
6. Dunning’s electic theory (OLI) framework?