Identify the major components of international business management.Analyze the effects of culture, politics and economic systems in the context of international business.

⦁ Identify and evaluate the significant trade agreements affecting global commerce (Lo 1.1)
⦁ 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)
⦁ Explain the forces driving and evaluating the impact of globalization (Lo 1.3)
⦁ Carryout effective self-evaluation through discussing economic systems in the international business context (Lo 3.1)

Discussion Questions
⦁ Discuss the economic reasons for government intervention in markets. (minimum words: 200, marks:2)
⦁ Describe the five-step process that businesses can use to think through ethical problems. (minimum words: 400, marks: 3)

Case study
Please read Case 2: “The Decline of Zimbabwe” available in your e-book (International business: Competing in the global marketplace (13th ed.), at page no.627, and answer the following questions:

Assignment Question(s):

⦁ Why has Zimbabwe’s economic performance been so poor? Discuss. (minimum words: 400, marks: 3)
⦁ Do you think Zimbabwe’s economic performance would have been better under a different system of government? Which one? Explain your reasoning. (minimum words: 500, marks: 4)
⦁ Discuss the steps needed to be taken now to improve the economic outlook for Zimbabwe? (minimum words: 400, marks: 3)

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