Each student is required to submit an individual report. The expected length is not more than 2,500 words. Remember that you need to conduct some good research on your own. The topic of the individual report must focus on one of the followings: 1. Choose two countries that appear to be culturally diverse. Compare the culture of those countries and then indicate how cultural differences influence, a). the cost of doing business in each country, b). the likely future economic development of that country, and c). business practices. 2. The worlds poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export; they have no capital; their land is of poor quality; they often have too many people given available work opportunities; and they are poorly educated. Free trade cannot possibly be in the interests of such nations! Discuss. 3. Disruptive technologies affect a number of industries in the recent years. The applications of AI, big data, cloud computing and IoT, etc. that make some of the business successful through digital transformation.
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