Question: Please answer each question with at least 300 words and 2 references per question.
1. An essential issue in international business is determining which components to manufacture in-house and which to outsource to independent suppliers. Is outsourcing a good idea? Explain your answer in a persuasive way.
2. Your text describes three approaches to staffing policy: ethnocentric, polycentric, and geocentric. When is each approach appropriate? Explain your answer.