International Business Coursework Example | Topics and Well Written Essays - 1000 words

International Business - Coursework ExampleCommodization turns product markets from monopolistic markets to perfect completive markets (Peng, 2013). For instance, Aqua-fresh is very distinct from Colgate. Regardless, the market treats two brands as the same product and solely compare their prices before making a purchasing idea.c. VRIO is a frame used in evaluating the strategic choices do by a firm in its quest to grow. Arguably, VRIO framework is comprised of a series of interrogative sentences that make up the main arguing for the evaluation of the competitive personate of a given firm or organization. These components are Value, Rarity, Imitability and Organization. The question for value evaluates a firms ability to exploit an opportunity and neutralize threats. The question for rarity assesses the ease of obtaining resources in the industry for instance raw material. How rare are the resources and capabilities and are they controlled by a few players. The question for Imit ability evaluates the ability of a firms products or resources to be imitated by other players in the industry. Finally, the question for Organization, evaluates the organization of power and command lines, resources and capabilities within a firm in order to capture value. This entails the culture as well as other features as well.d. One of the key arguments for off-shoring is the fact that it creates just as many jobs as it destroys. Arguably, off-shoring increases efficiency within an organization, increases productivity and reduces organizational costs allowing organizations to expand and create jobs that are more domestic as well (Peng, 2013). Another main argument for off-shoring is the fact that the off-shoring in the manufacturing industry has led to an increase in the wages of the employees who are opting to venture into more productive professions, and those employed domestically can as well increase their incomes as well from reduced costs. However, off-shoring has led t o the increase in the unemployment rates in the