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Alpha Pharm, a pharmaceutical company in Australia, has moved its pharmaceutical manufacturing to India. However, since the COVID-19 pandemic in 2020, the firm realised that there are many risks involved in the manufacturing of their products in India. These risks include supply shortages, work interruptions and importing problems. Consequently, the firm have now decided to move its manufacturing back into Australian borders. Identify the decision made by the firm from the list below:
Which one of the following is relevant to the South African legal process?
Which one of the following refers to the removal of regulatory restrictions on business?
Which one of the following refers to ‘the world through the lens of their own culture and beliefs in the superiority of that culture’?
Which one of the following is the focus of the institution-based view of international business?
Which one of the following is regarded as a benefit of globalisation?
Since winning the election in the United States of America, President Donald Trump promised to put a new 25% tariff on all products coming from Mexico and Canada, and raise tariffs on Chinese-produced good by 10%. Some multinational business owners believe this will have no impact in South Africa on their performance.
Which one of the following is pillar of the institutional framework, as described by sociologist Richard Scott, is relevant in this scenario?
Which one of the following does not create a ‘liability of outsidership’ for firms?