SECTION ONE:
1) How useful are the concepts of ‘adaptation', ‘aggregation' and ‘arbitrage' in explaining the success of different multinational corporations?
2) How do financial and corporate governance systems encourage different patterns of ownership and influence the development of firm capabilities? Compare two contrasting countries in your answer.
3) How do different institutions help to explain the competitive advantages of firms based in different countries with contrasting institutional frameworks? Compare two institutionally contrasting countries and provide examples in your answer.
SECTION TWO:
4) How are the organizational capabilities of the different ideal types of firms affected by home and host environments?
5) How do education and labour systems affect organisational capabilities? Compare two institutionally contrasting countries and cite examples in your answer.
6) How are firm capabilities helped or hindered by inter-firm networks? Support your answer with evidence.