Question 1

What are the main global political and economic challenges that lie ahead?

Accepted Answer

$\bullet$Dealing with the 2008 global economic crisis
$\bullet$Outline the competing approaches
$\bullet$Need for global regulation of business
$\bullet$Challenge of global climate change
$\bullet$Global inequality and political instability
$\bullet$Prospects of development of global trade relationships
$\bullet$Tension in global trading links as a result of election of Trump, Brexit, and the increasing influence of the BRI

Question 2

To what extent will a rise in the tide of affluence lead to universal prosperity?

Accepted Answer

$\bullet$Discussion of prospects for rise in affluence as against the recent economic turmoil
$\bullet$Discussion of 'affluenza' as a useful term
$\bullet$Discussion of the extent to which governments can seek to bring about more equality, both nationally and globally
$\bullet$Outline of the debate about possible limits to growth and the environmental impact
$\bullet$Reference can be made to migration patterns, demographic changes, and poverty reduction policies such as MDGs and BOP models

Question 3

Why did global economic recession starting in 2007/8 call into question the belief in the primacy of markets?

Accepted Answer

$\bullet$Background to the credit crunch and global recession
$\bullet$Critique of financial system
$\bullet$Compare and contrast different approaches to austerity programmes
$\bullet$Discussion of the need for global co-operation in terms of governance, regulation, and to counter climate change and inequality

Question 4

What are the main challenges that lie ahead in the external business environment?

Accepted Answer

The answer of What are the main challenges that lie...

Question 5

How has the business environment changed in relation to the global football business? What do you see as the likely future trends in this business?

Accepted Answer

The answer of How has the business environment changed in...

Quiz 16: Conclusion: Looking Ahead-Managing in a Dynamic Environment

What are the main global political and economic challenges that lie ahead?

To what extent will a rise in the tide of affluence lead to universal prosperity?

Why did global economic recession starting in 2007/8 call into question the belief in the primacy of markets?

What are the main challenges that lie ahead in the external business environment?

How has the business environment changed in relation to the global football business? What do you see as the likely future trends in this business?