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· Discuss what global institutions actually do. What is their role in global business? Provide real world examples of global institutions in your discussion. · Analyze and evaluate how global institutions reduce uncertainty in global business. What is “informal, relationship-based, personalized exchange”? And what is “formal, rule-based impersonal exchange”?

Based on your research and the section readings noted  above, develop a scholarly paper to critically address the following:

·  Discuss what global institutions actually do. What is their role in global business? Provide real world examples of global institutions in your discussion.

·  Analyze and evaluate how global institutions reduce uncertainty in global business. What is “informal, relationship-based, personalized exchange”?  And what is “formal, rule-based impersonal exchange”?

·  Compare and contrast the relationship between “an institution-based perspective of business strategy” and Michael Porter’s “Diamond Model.”

Support your paper with five (5) scholarly sources.  In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length:  5-7pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.

Assignment Outcomes
Assess the impact and influences of global institutions in international strategic management.

Examine global strategizing, structures, and learning in international strategic management.

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