Title: Explain various structures of international business organizations.
Course: Opportunities in Global Trade (12056-I) > Section: Examining Structures of International Business Organizations

Explanation should include

- advantages and disadvantages of a sole proprietorship, partnership, and corporation
- characteristics of a multinational corporation and its activities
- methods for getting involved in international business (e.g., importing, exporting, licensing, contract manufacturing, joint ventures or strategic alliances, direct investment, wholly owned subsidiaries, and establishing multinational firms)
- steps involved in importing and exporting, including indirect and direct exporting.

Process/Skill Questions:

- How would you compare domestic business to international business?
- What are the rights and responsibilities of the owners of a corporation?
- What is an example of a municipal corporation, a nonprofit corporation, and a cooperative?
- What kinds of competitive advantages can a multinational company have?
- How do nonprofit organizations benefit society?
- In what ways does a global company provide social and economic benefits to a host country?
- What steps are involved in importing? In exporting?
- How can exporting companies determine whether their products can be sold in other countries?
- How does the export of services differ from the export of goods?
- How do advantages and disadvantages of a sole proprietorship, partnership, and corporation differ when conducting business internationally as opposed to domestically?
- What resources are available to assist businesses entering global trade for the first time?