Answer the attached questions. The question’s answers should be 5-7 sentences long and contain one source with an APA style citation (references do not count towards word count). The citation should be listed right under the question’s answer.
Question 1; Identify the key elements that drive an effective business model.
Question 2; Explain substitution as it relates to the threat it may bring a company.
Question 3; The net worth of a company and the tangible resources are parts of what aspect when we structure a business model?
Question 4; Explain how a Social enterprise (SE) business model is different than a classical business model.
Question 5; Explain what you would do as an entrepreneur if you own a Market Linkage business model.
Question 6; Why is international trade important to the global economy?
Question 7; What is free trade?
Question 8; What creates greater opportunities for international business?
Question 9; What does POLC stand for?
As a manager, you would always have responsibility for what four fundamental processes?
Question 10; How are entrepreneurs different from small business owners?
Question 11; What is the central premise of the World Trade Organization (WTO)?
Question 12; Trade opening and development is one of the fundamental pillars of what organization?
Question 13; What leads to new market and trade opportunities?
Question 14; Summarize the foreign environment in terms of business managerial operations and the potential affect it can have on exports and imports.
Question 15; What three main types of reactions can a business have in response to different types of culture?
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