Short Essay Answers – No minimum length required



1. Explain how the International Monetary Fund and the World Bank support and promote global business.


2. What are the differences between strategy formulation and strategy implementation?


3. Describe three major important roles of entrepreneurship in the American economy.


4. The business world today is increasingly complex and variable in virtually every country and industry. Thus, organizations must become more organic. How do you define an organic organization and a mechanistic organization? What are some of the outcomes that companies will experience as they become more organic and less mechanistic? Be sure to include both positive and negative outcomes. 

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