Business Finance Homework Help

Learning Outcomes:

• Explain the forces driving and evaluating the impact of globalization (Lo 1.3)
• Identify the major components of international business management(Lo 2.4)
• Analyze the effects of culture, politics and economic systems in the context of international business (Lo 2.1)

Case study

Please read Case 4: “Will China Continue to Be a Growth Marketplace?” available in your textbook, (12^th edition) and answer the following questions:

• Assignment Questions:

• Will China maintain its strong economic growth in the years to come? Some suggest it will until 2050. What do you think? (Marks: 2)
• If China will go from 17 million to 200 million middle- and upper-income people by the early 2020s, would the scenario presented by Best Buy not be applicable anymore? Would newly rich Chinese customers engage in this purchasing in the 2020s? (Marks: 2)

With Alibaba’s ownership of the very popular Tmall and Taobao online shopping systems (similar to eBay and Amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China?